Exports of Handheld Power Tools, a Downstream Application of Enamelled Copper Wire, Increased by 20.8% YoY in January-February! [SMM Analysis]

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      According to customs data, China's exports of handheld power tools reached 64.92 million units from January to February 2025, up 20.8% YoY. January saw a particularly strong performance, with exports reaching 44.5824 million units, a significant increase of 43.95% YoY. (HS codes: 84672100, 84672990, 84672290, 84672920, 84672910)

      By type, most power tool exports saw growth from January to February 2025. Among them, "Other Handheld Power Tools" exports increased by 29.4% YoY, showing significant growth; "Other Handheld Saws" and "Handheld Electric Drills" grew by 25.3% and 18.3% YoY, respectively, also performing well. "Handheld Electric Grinding Tools" exports rose by 8.7% YoY. Only "Handheld Electric Planers" saw a decline, down 6.3% YoY.

       As a global powerhouse in the power tool industry, China firmly holds the title of the largest producer and exporter. From January to February 2025, China exported handheld power tools to 200 countries and regions. The US, Russia, and Germany remained the top three importers. US exports reached 10.3019 million units, accounting for 15.87%, up 25.05% YoY, continuing the growth trend; Russia's exports were 3.781 million units, accounting for 5.82%, down 16.28% YoY; Germany's exports were 3.7426 million units, accounting for 5.76%, up 1.52% YoY, with relatively small growth. Spain saw the largest increase in exports, with 2.54 million units, up 248.61% YoY.

Data Source: General Administration of Customs, SMM compilation

       Overall, China's exports of handheld power tools from January to February 2025 increased by 20.80% YoY, showing dynamic changes in the export market.

       SMM will continue to monitor the end-user dynamics of enamelled wire and promptly capture market information.