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Spectacles, goggles and the like; corrective, protective or other

9004 (Harmonized System 1992 for 4-digit)

2023
World Trade $12.4BRnk 307 / 1217
2023
Top Exporter | Top Importer $4.95B | $2.81BChina | United States
2023
Product Complexity 0.93Rnk 197 / 1044
2022 - 2023
Export Growth (CAGR) 5.47%Rnk 239 / 1217
2023
Share of World Trade 0.055%Rnk 307 / 1217

About

Overview This page contains the latest trade data of Eyewear. In 2023, Eyewear were the world's 307th most traded product, with a total trade of $12.4B. Between 2022 and 2023 the exports of Eyewear grew by 5.47%, from $11.8B to $12.4B. Trade in Eyewear represent 0.055% of total world trade.

Eyewear are a part of Optical, photo, & film equipment; medical instruments. They include Sunglasses and Spectacles, goggles except sunglasses.

Exports In 2023 the top exporters of Eyewear  were China ($4.95B), Italy ($3.68B), Chinese Taipei ($542M), United States ($507M), and Japan ($408M).

Imports In 2023 the top importers of Eyewear were United States ($2.81B), Hong Kong ($1.01B), Italy ($732M), France ($682M), and Germany ($645M).

Ranking Eyewear ranks 197th in the Product Complexity Index (PCI).

Description Spectacles are used to correct vision problems. They can be made from a variety of materials, including plastic, glass, and metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Eyewear. 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$4.95B
Top Destination (2023)United States$2.81B

In 2023 Eyewear were the world's 307th most traded product (out of 1,217).

In 2023, the top exporters of Eyewear were China ($4.95B), Italy ($3.68B), Chinese Taipei ($542M), United States ($507M), and Japan ($408M).

In 2023, the top importers of Eyewear were United States ($2.81B), Hong Kong ($1.01B), Italy ($732M), France ($682M), and Germany ($645M).

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Exporters of Eyewear (2023)
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Importers of Eyewear (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$242M
Top Destination Growth (2022 -  2023)Hong Kong$206M

Between 2022 and 2023, the exports of Eyewear grew the fastest in Italy ($242M), China ($172M), Hong Kong ($88.2M), France ($66.9M), and Japan ($53.3M).

Between 2022 and 2023, the fastest growing importers of Eyewear were Hong Kong ($206M), Turkey ($99.5M), India ($95.1M), Japan ($92M), and Russia ($60.2M).

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Exporters of Eyewear (2022 - 2023)

Importers of Eyewear (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Eyewear.

In 2023, market concentration measured using Shannon Entropy, was 2.91. This means that most of the exports of Eyewear are explained by 7 countries.

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Value of Exports in Eyewear

Net Trade

TOP NET EXPORTER (2023)China$4.67B
TOP NET IMPORTER (2023)United States$2.3B

This map shows which countries export or import more of Eyewear. Each country is colored based on the difference in exports and imports of Eyewear during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Eyewear were China ($4.67B), Italy ($2.94B), Chinese Taipei ($507M), Thailand ($149M), and Hungary ($135M).

In 2023, the countries that had a largest trade value in imports than in exports of Eyewear were United States ($2.3B), Hong Kong ($851M), United Kingdom ($430M), France ($372M), and Canada ($355M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Eyewear, disaggragated by their HS6 level were Sunglasses ($8.83B) and Spectacles, goggles except sunglasses ($3.62B)

HS6 Disaggregation for Eyewear (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Eyewear by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSwitzerland+ $12.1M
TOP IMPORT POTENTIALGermany+ $6.99M

Eyewear’s highest export potential is Switzerland. With an export gap of $12.1M.  Eyewear’s highest import potential is Germany with an import gap of $6.99M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Eyewear.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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