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Pricing

Frames and mountings; for spectacles, goggles or the like, and parts

9003 (Harmonized System 1992 for 4-digit)

2023
World Trade $7.02BRnk 453 / 1217
2023
Top Exporter | Top Importer $3.31B | $1.29BChina | United States
2023
Product Complexity 0.71Rnk 284 / 1044
2022 - 2023
Export Growth (CAGR) -2.09%Rnk 475 / 1217
2023
Share of World Trade 0.031%Rnk 453 / 1217

About

Overview This page contains the latest trade data of Eyewear Frames. In 2023, Eyewear Frames were the world's 453rd most traded product, with a total trade of $7.02B. Between 2022 and 2023 the exports of Eyewear Frames decreased by -2.09%, from $7.17B to $7.02B. Trade in Eyewear Frames represent 0.031% of total world trade.

Eyewear Frames are a part of Optical, photo, & film equipment; medical instruments. They include Frames & mountings for spectacles etc, except plastic, Frames & mountings for spectacles etc, of plastic, and Parts of frames and mountings for spectacles etc.

Exports In 2023 the top exporters of Eyewear Frames  were China ($3.31B), Italy ($1.64B), Japan ($311M), France ($181M), and Hong Kong ($175M).

Imports In 2023 the top importers of Eyewear Frames were United States ($1.29B), Italy ($638M), Hong Kong ($630M), France ($485M), and Germany ($403M).

Ranking Eyewear Frames ranks 284th in the Product Complexity Index (PCI).

Description Frames and mountings for spectacles, goggles or the like are used to hold lenses in place. They can be made from a variety of materials, including plastic, metal, and wood.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Eyewear Frames. 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$3.31B
Top Destination (2023)United States$1.29B

In 2023 Eyewear Frames were the world's 453rd most traded product (out of 1,217).

In 2023, the top exporters of Eyewear Frames were China ($3.31B), Italy ($1.64B), Japan ($311M), France ($181M), and Hong Kong ($175M).

In 2023, the top importers of Eyewear Frames were United States ($1.29B), Italy ($638M), Hong Kong ($630M), France ($485M), and Germany ($403M).

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

Color
Top Origin Growth (2022 -  2023)Italy$168M
Top Destination Growth (2022 -  2023)Mexico$44.8M

Between 2022 and 2023, the exports of Eyewear Frames grew the fastest in Italy ($168M), Hong Kong ($48.5M), Denmark ($28M), Thailand ($23.2M), and Japan ($17.7M).

Between 2022 and 2023, the fastest growing importers of Eyewear Frames were Mexico ($44.8M), Australia ($29.2M), China ($27.4M), Turkey ($22.4M), and France ($13M).

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Exporters of Eyewear Frames (2022 - 2023)

Importers of Eyewear Frames (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.86. This means that most of the exports of Eyewear Frames are explained by 7 countries.

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Value of Exports in Eyewear Frames

Net Trade

TOP NET EXPORTER (2023)China$3.16B
TOP NET IMPORTER (2023)United States$1.2B

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

In 2023, the countries that had a largest trade value in exports than in imports of Eyewear Frames were China ($3.16B), Italy ($1B), Japan ($140M), Austria ($41.5M), and Bangladesh ($26.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Eyewear Frames were United States ($1.2B), Hong Kong ($455M), France ($304M), Germany ($253M), and Canada ($200M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Eyewear Frames, disaggragated by their HS6 level were Frames & mountings for spectacles etc,... ($3.53B), Frames & mountings for spectacles etc,... ($2.9B), and Parts of frames and mountings for... ($590M)

HS6 Disaggregation for Eyewear Frames (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 Frames.
It is possible to select the main countries that export or import Eyewear Frames in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Eyewear Frames by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $53.2M
TOP IMPORT POTENTIALJapan+ $5.13M

Eyewear Frames’s highest export potential is India. With an export gap of $53.2M.  Eyewear Frames’s highest import potential is Japan with an import gap of $5.13M.

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 Frames.

Country by Relatedness

The following visualization shows the relatedness of Eyewear Frames 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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