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Instruments nes for aeronautical/space navigation

901420 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.51BRnk 1037 / 4648
2022
Top Exporter | Top Importer $817M | $678MUnited States | United States
2022
Product Complexity 0.49Rnk 1649 / 4653
2021 - 2022
Export Growth (CAGR) 1.28%Rnk 2779 / 4648
2022
Share of World Trade 0.015%Rnk 1037 / 4648

About

Overview This page contains the latest trade data of Instruments nes for aeronautical/space navigation. In 2022, Instruments nes for aeronautical/space navigation were the world's 1037th most traded product, with a total trade of $3.51B. Between 2021 and 2022 the exports of Instruments nes for aeronautical/space navigation grew by 1.28%, from $3.46B to $3.51B. Trade in Instruments nes for aeronautical/space navigation represent 0.015% of total world trade.

Instruments nes for aeronautical/space navigation are a part of Compasses.

Exports In 2022 the top exporters of Instruments nes for aeronautical/space navigation  were United States ($817M), United Kingdom ($640M), France ($593M), Germany ($275M), and Italy ($164M).

Imports In 2022 the top importers of Instruments nes for aeronautical/space navigation were United States ($678M), France ($339M), Germany ($262M), United Kingdom ($250M), and Singapore ($157M).

Ranking Instruments nes for aeronautical/space navigation ranks 1649th in the Product Complexity Index (PCI).

Description The most commonly used instruments for aeronautical/space navigation are the sextant, the chronometer, the gyroscope, and the compass. The sextant is a device that measures the angles between two objects. The chronometer is a timepiece that measures elapsed time. The gyroscope is a device that measures angular velocity. The compass is an instrument that points in the north-south direction.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Instruments nes for aeronautical/space navigation. 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 (2022)United States$817M
Top Destination (2022)United States$678M

In 2022 Instruments nes for aeronautical/space navigation were the world's 1037th most traded product (out of 4,648).

In 2022, the top exporters of Instruments nes for aeronautical/space navigation were United States ($817M), United Kingdom ($640M), France ($593M), Germany ($275M), and Italy ($164M).

In 2022, the top importers of Instruments nes for aeronautical/space navigation were United States ($678M), France ($339M), Germany ($262M), United Kingdom ($250M), and Singapore ($157M).

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Exporters of Instruments nes for aeronautical/space navigation (2022)
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Importers of Instruments nes for aeronautical/space navigation (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$84.6M
Top Destination Growth (2021 -  2022)United Arab Emirates$69.1M

Between 2021 and 2022, the exports of Instruments nes for aeronautical/space navigation grew the fastest in Italy ($84.6M), Netherlands ($44.3M), United Kingdom ($36.3M), United States ($36M), and Malaysia ($11.2M).

Between 2021 and 2022, the fastest growing importers of Instruments nes for aeronautical/space navigation were United Arab Emirates ($69.1M), United Kingdom ($41.7M), United States ($34.9M), Japan ($31.9M), and Italy ($21.6M).

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Exporters of Instruments nes for aeronautical/space navigation (2021 - 2022)

Importers of Instruments nes for aeronautical/space navigation (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Instruments nes for aeronautical/space navigation.

In 2022, market concentration measured using Shannon Entropy, was 3.72. This means that most of the exports of Instruments nes for aeronautical/space navigation are explained by 13 countries.

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Value of Exports in Instruments nes for aeronautical/space navigation

Net Trade

TOP NET EXPORTER (2022)United Kingdom$390M
TOP NET IMPORTER (2022)Japan$102M

This map shows which countries export or import more of Instruments nes for aeronautical/space navigation. Each country is colored based on the difference in exports and imports of Instruments nes for aeronautical/space navigation during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Instruments nes for aeronautical/space navigation were United Kingdom ($390M), France ($254M), United States ($139M), Netherlands ($69.5M), and Malaysia ($21M).

In 2022, the countries that had a largest trade value in imports than in exports of Instruments nes for aeronautical/space navigation were Japan ($102M), United Arab Emirates ($87.4M), Turkey ($78.1M), Australia ($72.6M), and Qatar ($63.7M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Instruments nes for aeronautical/space navigation 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 (2022)

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