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903140 (Harmonized System 1992 for 6-digit)

2022
World Trade $19.6BRnk 175 / 4648
2022
Top Exporter | Top Importer $2.84B | $5.74BJapan | China
2022
Product Complexity 1.99Rnk 19 / 4653
2021 - 2022
Export Growth (CAGR) 12.6%Rnk 1361 / 4648
2022
Share of World Trade 0.083%Rnk 175 / 4648

About

Overview This page contains the latest trade data of Optical instruments and appliances, nes. In 2022, Optical instruments and appliances, nes were the world's 175th most traded product, with a total trade of $19.6B. Between 2021 and 2022 the exports of Optical instruments and appliances, nes grew by 12.6%, from $17.4B to $19.6B. Trade in Optical instruments and appliances, nes represent 0.083% of total world trade.

Optical instruments and appliances, nes are a part of Other Measuring Instruments.

Exports In 2022 the top exporters of Optical instruments and appliances, nes  were Japan ($2.84B), United States ($2.64B), Germany ($2.48B), South Korea ($2.43B), and Singapore ($2.18B).

Imports In 2022 the top importers of Optical instruments and appliances, nes were China ($5.74B), South Korea ($2.16B), United States ($1.99B), Chinese Taipei ($1.88B), and Japan ($1.18B).

Ranking Optical instruments and appliances, nes ranks 19th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Optical 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)Japan$2.84B
Top Destination (2022)China$5.74B

In 2022 Optical instruments and appliances, nes were the world's 175th most traded product (out of 4,648).

In 2022, the top exporters of Optical instruments and appliances, nes were Japan ($2.84B), United States ($2.64B), Germany ($2.48B), South Korea ($2.43B), and Singapore ($2.18B).

In 2022, the top importers of Optical instruments and appliances, nes were China ($5.74B), South Korea ($2.16B), United States ($1.99B), Chinese Taipei ($1.88B), and Japan ($1.18B).

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

Color
Top Origin Growth (2021 -  2022)South Korea$1.27B
Top Destination Growth (2021 -  2022)China$1.43B

Between 2021 and 2022, the exports of Optical instruments and appliances, nes grew the fastest in South Korea ($1.27B), United States ($680M), Singapore ($227M), China ($86M), and Canada ($85.7M).

Between 2021 and 2022, the fastest growing importers of Optical instruments and appliances, nes were China ($1.43B), United States ($286M), Ireland ($238M), Japan ($238M), and Singapore ($97.7M).

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Exporters of Optical instruments and appliances, nes (2021 - 2022)

Importers of Optical instruments and appliances, nes (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Optical instruments and appliances, nes are explained by 13 countries.

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Value of Exports in Optical instruments and appliances, nes

Net Trade

TOP NET EXPORTER (2022)Singapore$1.73B
TOP NET IMPORTER (2022)China$4.07B

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

In 2022, the countries that had a largest trade value in exports than in imports of Optical instruments and appliances, nes were Singapore ($1.73B), Japan ($1.66B), Germany ($1.64B), Israel ($1.33B), and United States ($649M).

In 2022, the countries that had a largest trade value in imports than in exports of Optical instruments and appliances, nes were China ($4.07B), Chinese Taipei ($1.16B), Vietnam ($312M), Hong Kong ($190M), and Ireland ($170M).

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

Top 10 Exporters Countries of Optical 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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