HS Icon Optical Fibers and optical fibre bundles

Optical fibres and optical fibre bundles; optical fibre cables not of heading no. 8544; sheets, plates of polarising material; lenses, prisms, mirrors, of any material; unmounted; not non optical glass

9001 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Optical Fibers and optical fibre bundles. In 2021, Optical Fibers and optical fibre bundles were the world's 133rd most traded product, with a total trade of $34B. Between 2020 and 2021 the exports of Optical Fibers and optical fibre bundles grew by 13.3%, from $30B to $34B. Trade in Optical Fibers and optical fibre bundles represent 0.0016% of total world trade.

Optical Fibers and optical fibre bundles are a part of Optical, photo, & film equipment; medical instruments. They include Prisms, mirrors and optical elements nes, unmounted, Sheets/plates of polarising material, Contact lenses, Spectacle lenses of other materials, Optical fibres, except for telecommunications, and Spectacle lenses of glass.

Exports In 2021 the top exporters of Optical Fibers and optical fibre bundles  were China ($5.04B), South Korea ($4.3B), Japan ($4.19B), United States ($3.65B), and Germany ($2.56B).

Imports In 2021 the top importers of Optical Fibers and optical fibre bundles were China ($7.27B), United States ($3.27B), Japan ($2.79B), Germany ($2.03B), and South Korea ($1.98B).

Tariffs In 2018 the average tariff for Optical Fibers and optical fibre bundles was 4.62%, making it the 897th lowest tariff using the HS4 product classification.

Ranking Optical Fibers and optical fibre bundles ranks 164th in the Product Complexity Index (PCI).

Description Optical fibres are used in the production of telecommunication equipment, and can be made from a variety of materials. Optical fibre cables are used to transmit data over long distances. They can be made from a variety of materials, including glass, plastic, or metal.

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The following visualization shows the latest trends on Optical Fibers and optical fibre bundles. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $5.04B

Top Destination (2021): China, $7.27B

Optical Fibers and optical fibre bundles are the world's 133rd most traded product.

In 2021, the top exporters of Optical Fibers and optical fibre bundles were China ($5.04B), South Korea ($4.3B), Japan ($4.19B), United States ($3.65B), and Germany ($2.56B).

In 2021, the top importers of Optical Fibers and optical fibre bundles were China ($7.27B), United States ($3.27B), Japan ($2.79B), Germany ($2.03B), and South Korea ($1.98B).

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Market Dynamics

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Trade by country

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Top Origin Growth (2020 -  2021): China, $957M

Top Destination Growth (2020 -  2021): China, $1.06B

Between 2020 and 2021, the exports of Optical Fibers and optical fibre bundles grew the fastest in China ($957M), Germany ($677M), South Korea ($503M), United States ($441M), and Chinese Taipei ($384M).

Between 2020 and 2021, the fastest growing importers of Optical Fibers and optical fibre bundles were China ($1.06B), United States ($500M), Germany ($467M), South Korea ($406M), and Japan ($232M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Optical Fibers and optical fibre bundles.

In 2021, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Optical Fibers and optical fibre bundles are explained by 17 countries.

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TOP NET EXPORTER (2021): South Korea, $2.32B

TOP NET IMPORTER (2021): China, $2.22B

This map shows which countries export or import more of Optical Fibers and optical fibre bundles. Each country is colored based on the difference in exports and imports of Optical Fibers and optical fibre bundles during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Optical Fibers and optical fibre bundles were South Korea ($2.32B), Ireland ($1.76B), Japan ($1.4B), Chinese Taipei ($1.36B), and Thailand ($656M).

In 2021, the countries that had a largest trade value in imports than in exports of Optical Fibers and optical fibre bundles were China ($2.22B), Hong Kong ($1.57B), Vietnam ($830M), France ($759M), and Italy ($440M).

Disaggregation

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Value

In 2021, the world most traded Optical Fibers and optical fibre bundles, disaggragated by their HS6 level were Prisms, mirrors and optical elements nes,... ($9.16B), Sheets/plates of polarising material ($7.8B), Contact lenses ($7.36B), Spectacle lenses of other materials ($6.98B), and Optical fibres, except for telecommunications ($2.4B)

Country Comparison

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Optical Fibers and optical fibre bundles to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.