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851829 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.66BRnk 647 / 4644
2023
Top Exporter | Top Importer $2.89B | $1.02BChina | United States
2023
Product Complexity -0.19Rnk 2822 / 4656
2022 - 2023
Export Growth (CAGR) -2.88%Rnk 1843 / 4644
2023
Share of World Trade 0.025%Rnk 647 / 4644

About

Overview This page contains the latest trade data of Loudspeakers, nes. In 2023, Loudspeakers, nes were the world's 647th most traded product, with a total trade of $5.66B. Between 2022 and 2023 the exports of Loudspeakers, nes decreased by -2.88%, from $5.83B to $5.66B. Trade in Loudspeakers, nes represent 0.025% of total world trade.

Loudspeakers, nes are a part of Microphones and Headphones.

Exports In 2023 the top exporters of Loudspeakers, nes  were China ($2.89B), Vietnam ($828M), Mexico ($497M), United States ($206M), and Hungary ($188M).

Imports In 2023 the top importers of Loudspeakers, nes were United States ($1.02B), Vietnam ($596M), Japan ($465M), India ($384M), and China ($316M).

Ranking Loudspeakers, nes ranks 2822nd in the Product Complexity Index (PCI).

Description Loudspeakers are often used in public places, such as stadiums, outdoor theaters, and outdoor concerts. They can also be used in industrial settings, such as manufacturing plants, or in private settings, such as in the home or in the car.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Loudspeakers, nes. 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$2.89B
Top Destination (2023)United States$1.02B

In 2023 Loudspeakers, nes were the world's 647th most traded product (out of 4,644).

In 2023, the top exporters of Loudspeakers, nes were China ($2.89B), Vietnam ($828M), Mexico ($497M), United States ($206M), and Hungary ($188M).

In 2023, the top importers of Loudspeakers, nes were United States ($1.02B), Vietnam ($596M), Japan ($465M), India ($384M), and China ($316M).

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Exporters of Loudspeakers, nes (2023)
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Importers of Loudspeakers, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$59.8M
Top Destination Growth (2022 -  2023)Vietnam$230M

Between 2022 and 2023, the exports of Loudspeakers, nes grew the fastest in Mexico ($59.8M), Hungary ($37.2M), Malaysia ($28.2M), Italy ($14.5M), and United States ($11.1M).

Between 2022 and 2023, the fastest growing importers of Loudspeakers, nes were Vietnam ($230M), Japan ($96.9M), Russia ($18.1M), Turkey ($15.3M), and United Arab Emirates ($13.6M).

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Exporters of Loudspeakers, nes (2022 - 2023)

Importers of Loudspeakers, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Loudspeakers, nes.

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

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Value of Exports in Loudspeakers, nes

Net Trade

TOP NET EXPORTER (2023)China$2.57B
TOP NET IMPORTER (2023)United States$811M

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

In 2023, the countries that had a largest trade value in exports than in imports of Loudspeakers, nes were China ($2.57B), Vietnam ($233M), Mexico ($218M), Italy ($91.1M), and Hungary ($85.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Loudspeakers, nes were United States ($811M), Japan ($437M), India ($369M), Germany ($163M), and South Korea ($122M).

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 Loudspeakers, nes.
It is possible to select the main countries that export or import Loudspeakers, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Loudspeakers, nes 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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