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901480 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.17BRnk 1414 / 4648
2022
Top Exporter | Top Importer $386M | $522MUnited States | United States
2022
Product Complexity 0.93Rnk 873 / 4653
2021 - 2022
Export Growth (CAGR) -1.61%Rnk 3207 / 4648
2022
Share of World Trade 0.0092%Rnk 1414 / 4648

About

Overview This page contains the latest trade data of Navigational instruments and appliances nes. In 2022, Navigational instruments and appliances nes were the world's 1414th most traded product, with a total trade of $2.17B. Between 2021 and 2022 the exports of Navigational instruments and appliances nes decreased by -1.61%, from $2.21B to $2.17B. Trade in Navigational instruments and appliances nes represent 0.0092% of total world trade.

Navigational instruments and appliances nes are a part of Compasses.

Exports In 2022 the top exporters of Navigational instruments and appliances nes  were United States ($386M), Chinese Taipei ($325M), United Kingdom ($260M), Mexico ($167M), and France ($148M).

Imports In 2022 the top importers of Navigational instruments and appliances nes were United States ($522M), United Kingdom ($165M), Canada ($97.9M), Australia ($94.1M), and Germany ($90.7M).

Ranking Navigational instruments and appliances nes ranks 873rd in the Product Complexity Index (PCI).

Description Navigational instruments and appliances include compasses, sextants, telescopes, chronometers, and bathythermographs. They are used to measure direction, latitude, longitude, and altitude; to determine the speed of a vessel; and to navigate in areas of poor visibility.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Navigational instruments and appliances 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 (2022)United States$386M
Top Destination (2022)United States$522M

In 2022 Navigational instruments and appliances nes were the world's 1414th most traded product (out of 4,648).

In 2022, the top exporters of Navigational instruments and appliances nes were United States ($386M), Chinese Taipei ($325M), United Kingdom ($260M), Mexico ($167M), and France ($148M).

In 2022, the top importers of Navigational instruments and appliances nes were United States ($522M), United Kingdom ($165M), Canada ($97.9M), Australia ($94.1M), and Germany ($90.7M).

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Exporters of Navigational instruments and appliances nes (2022)
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Importers of Navigational instruments and appliances nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$32.3M
Top Destination Growth (2021 -  2022)United Kingdom$52.4M

Between 2021 and 2022, the exports of Navigational instruments and appliances nes grew the fastest in Mexico ($32.3M), Turkey ($30.8M), Italy ($17.3M), United Kingdom ($10.8M), and United Arab Emirates ($8.06M).

Between 2021 and 2022, the fastest growing importers of Navigational instruments and appliances nes were United Kingdom ($52.4M), United States ($52.4M), Pakistan ($29.6M), India ($15.4M), and Poland ($8.38M).

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Exporters of Navigational instruments and appliances nes (2021 - 2022)

Importers of Navigational instruments and appliances nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Navigational instruments and appliances nes.

In 2022, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Navigational instruments and appliances nes are explained by 16 countries.

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Value of Exports in Navigational instruments and appliances nes

Net Trade

TOP NET EXPORTER (2022)Chinese Taipei$289M
TOP NET IMPORTER (2022)United States$136M

This map shows which countries export or import more of Navigational instruments and appliances nes. Each country is colored based on the difference in exports and imports of Navigational instruments and appliances nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Navigational instruments and appliances nes were Chinese Taipei ($289M), Mexico ($130M), United Kingdom ($94.3M), Japan ($87.2M), and France ($83.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Navigational instruments and appliances nes were United States ($136M), Australia ($71.1M), Canada ($69.3M), South Korea ($65.5M), and India ($64.4M).

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

Top 10 Exporters Countries of Navigational instruments and appliances 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 (2022)

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