HS Icon Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

90 (Harmonized System 1992 for 2-digit)

Overview This page contains the latest trade data of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories. In 2020, Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were the world's 7th most traded product, with a total trade of $624B. Between 2019 and 2020 the exports of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories decreased by -1.74%, from $635B to $624B. Trade in Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories represent 3.73% of total world trade.

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories are a part of Instruments. They include Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts....

Exports In 2020 the top exporters of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories  were United States ($96.8B), China ($82.8B), Germany ($72.2B), Japan ($50.8B), and Netherlands ($40.3B).

Imports In 2020 the top importers of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were United States ($96.1B), China ($83.8B), Germany ($42B), South Korea ($28.5B), and Japan ($27.7B).

Tariffs In 2018 the average tariff for Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories was 4.93%, making it the 81st lowest tariff using the HS2 product classification.

The countries with the highest import tariffs for Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories are Bahamas (25%), Bermuda (20.8%), Ethiopia (17.9%), and Cayman Islands (16.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories ranks 5th in the Product Complexity Index (PCI).

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories. 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.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2020): United States, $96.8B

Top Destination (2020): United States, $96.1B

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories are the world's 7th most traded product.

In 2020, the top exporters of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were United States ($96.8B), China ($82.8B), Germany ($72.2B), Japan ($50.8B), and Netherlands ($40.3B).

In 2020, the top importers of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were United States ($96.1B), China ($83.8B), Germany ($42B), South Korea ($28.5B), and Japan ($27.7B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 -  2020): China, $8.38B

Top Destination Growth (2019 - 2020): South Korea, $5.46B

Between 2019 and 2020, the exports of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories grew the fastest in China ($8.38B), Netherlands ($1.64B), Chinese Taipei ($1.34B), Singapore ($1.15B), and Hong Kong ($463M).

Between 2019 and 2020, the fastest growing importers of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were South Korea ($5.46B), China ($3.42B), Vietnam ($758M), Singapore ($715M), and Hungary ($673M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories.

In 2020,  market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories are explained by 21 countries.

Explore Visualizations

TOP NET EXPORTER (2020): Germany, $30.2B

TOP NET IMPORTER (2020): Hong Kong, $16B

This map shows which countries export or import more of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories. Each country is colored based on the difference in exports and imports of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were Germany ($30.2B), Japan ($23B), Netherlands ($13.2B), Ireland ($11.1B), and Singapore ($9.08B).

In 2020, the countries that had a largest trade value in imports than in exports of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were Hong Kong ($16B), Russia ($7.03B), South Korea ($6.51B), Vietnam ($5.89B), and Spain ($5.8B).

Disaggregation

#permalink to section
Value
Disaggregation

In 2020, the world most traded Optical, photographic, cinematographic, measuring, checking, medical..., disaggragated by their HS6 level were Optical, photographic, cinematographic, measuring, checking, medical... ($624B)

Country Comparison

#permalink to section
Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories.
It is possible to select the main countries that export or import Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories in the world, or by continent, as well as select the measure of interest.

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.