847190 (Harmonized System 1996 for 6-digit)

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Overview This page contains the latest trade data of Data Readers (Magnetic or Optical). In 2023, Data Readers (Magnetic or Optical) were the world's 446th most traded product, with a total trade of $8.26B. Between 2022 and 2023 the exports of Data Readers (Magnetic or Optical) grew by 7.07%, from $7.72B to $8.26B. Trade in Data Readers (Magnetic or Optical) represent 0.037% of total world trade.

Data Readers (Magnetic or Optical) are a part of Automatic data processing machines and units thereof, magnetic or optical readers, machines....

Exports In 2023 the top exporters of Data Readers (Magnetic or Optical)  were China ($1.48B), United States ($1.33B), Germany ($1.07B), Netherlands ($799M), and Chinese Taipei ($332M).

Imports In 2023 the top importers of Data Readers (Magnetic or Optical) were Germany ($799M), United States ($708M), United Kingdom ($690M), Netherlands ($393M), and China ($393M).

Ranking Data Readers (Magnetic or Optical) ranks 1521st in the Product Complexity Index (PCI).

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Data Readers (Magnetic or Optical). Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$1.48B
Top Destination (2023)Germany$799M

In 2023 Data Readers (Magnetic or Optical) were the world's 446th most traded product (out of 4,766).

In 2023, the top exporters of Data Readers (Magnetic or Optical) were China ($1.48B), United States ($1.33B), Germany ($1.07B), Netherlands ($799M), and Chinese Taipei ($332M).

In 2023, the top importers of Data Readers (Magnetic or Optical) were Germany ($799M), United States ($708M), United Kingdom ($690M), Netherlands ($393M), and China ($393M).

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Exporters of Data Readers (Magnetic or Optical) (2023)
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Importers of Data Readers (Magnetic or Optical) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$435M
Top Destination Growth (2022 -  2023)United Kingdom$300M

Between 2022 and 2023, the exports of Data Readers (Magnetic or Optical) grew the fastest in United States ($435M), Netherlands ($317M), Germany ($56.5M), France ($32M), and Spain ($29M).

Between 2022 and 2023, the fastest growing importers of Data Readers (Magnetic or Optical) were United Kingdom ($300M), South Africa ($108M), Canada ($102M), United Arab Emirates ($70.9M), and Switzerland ($61.4M).

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Exporters of Data Readers (Magnetic or Optical) (2022 - 2023)

Importers of Data Readers (Magnetic or Optical) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Data Readers (Magnetic or Optical).

In 2023, market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Data Readers (Magnetic or Optical) are explained by 18 countries.

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Value of Exports in Data Readers (Magnetic or Optical)

Net Trade

TOP NET EXPORTER (2023)China$1.09B
TOP NET IMPORTER (2023)United Kingdom$534M

This map shows which countries export or import more of Data Readers (Magnetic or Optical). Each country is colored based on the difference in exports and imports of Data Readers (Magnetic or Optical) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Data Readers (Magnetic or Optical) were China ($1.09B), United States ($622M), Netherlands ($406M), Vietnam ($281M), and Chinese Taipei ($274M).

In 2023, the countries that had a largest trade value in imports than in exports of Data Readers (Magnetic or Optical) were United Kingdom ($534M), Canada ($314M), Spain ($215M), United Arab Emirates ($194M), and Singapore ($192M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Data Readers (Magnetic or Optical) by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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