HS Icon Audio Alarms

Signalling apparatus; electric sound or visual (e.g. bells, sirens, indicator panels, burglar or fire alarms), excluding those of heading no. 8512 or 8530

8531 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Audio Alarms. In 2021, Audio Alarms were the world's 229th most traded product, with a total trade of $18.4B. Between 2020 and 2021 the exports of Audio Alarms grew by 16.6%, from $15.8B to $18.4B. Trade in Audio Alarms represent 0.088% of total world trade.

Audio Alarms are a part of Electrical machinery and electronics. They include Indicator panels incorporating electronic displays, Burglar or fire alarms and similar apparatus, Parts of electric sound & visual signalling apparatus, and Electric sound or visual signalling apparatus, nes.

Exports In 2021 the top exporters of Audio Alarms  were China ($5.52B), United States ($1.43B), Germany ($1.11B), Mexico ($871M), and Chinese Taipei ($822M).

Imports In 2021 the top importers of Audio Alarms were United States ($2.96B), Germany ($1.5B), Hong Kong ($940M), France ($878M), and United Kingdom ($820M).

Tariffs In 2018 the average tariff for Audio Alarms was 7.38%, making it the 594th lowest tariff using the HS4 product classification.

Ranking Audio Alarms ranks 340th in the Product Complexity Index (PCI).

Description Bells are used to make noise, and can be made from a variety of materials. They're usually used in the production of other goods, such as traffic signals. Sirens are also used to make noise, and can be made from a variety of materials. Indicator panels are used to display information, and can be made from a variety of materials. Burglar alarms are used to alert people that someone is trying to break into their home or business. They're usually made from a combination of metal and plastic.

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Y-AXIS SCALE

The following visualization shows the latest trends on Audio Alarms. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $5.52B

Top Destination (2021): United States, $2.96B

Audio Alarms are the world's 229th most traded product.

In 2021, the top exporters of Audio Alarms were China ($5.52B), United States ($1.43B), Germany ($1.11B), Mexico ($871M), and Chinese Taipei ($822M).

In 2021, the top importers of Audio Alarms were United States ($2.96B), Germany ($1.5B), Hong Kong ($940M), France ($878M), and United Kingdom ($820M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $1.07B

Top Destination Growth (2020 -  2021): Germany, $316M

Between 2020 and 2021, the exports of Audio Alarms grew the fastest in China ($1.07B), Chinese Taipei ($198M), Vietnam ($148M), Spain ($104M), and Malaysia ($86.7M).

Between 2020 and 2021, the fastest growing importers of Audio Alarms were Germany ($316M), Hong Kong ($280M), United States ($194M), Netherlands ($181M), and Spain ($136M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Audio Alarms.

In 2021, market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Audio Alarms are explained by 20 countries.

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TOP NET EXPORTER (2021): China, $5.11B

TOP NET IMPORTER (2021): United States, $1.53B

This map shows which countries export or import more of Audio Alarms. Each country is colored based on the difference in exports and imports of Audio Alarms during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Audio Alarms were China ($5.11B), Chinese Taipei ($607M), Mexico ($380M), Vietnam ($318M), and Ireland ($253M).

In 2021, the countries that had a largest trade value in imports than in exports of Audio Alarms were United States ($1.53B), Hong Kong ($674M), France ($494M), Germany ($390M), and Canada ($303M).

Disaggregation

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Value

In 2021, the world most traded Audio Alarms, disaggragated by their HS6 level were Indicator panels incorporating electronic displays ($5.52B), Burglar or fire alarms and similar... ($5.1B), Parts of electric sound & visual... ($4.13B), and Electric sound or visual signalling apparatus,... ($3.67B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Audio Alarms.
It is possible to select the main countries that export or import Audio Alarms in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Audio Alarms to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.