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HS Icon Opto-Electric Instrument Parts

Machines and appliances, instruments or apparatus of chapter 90; parts and accessories n.e.c. in chapter 90

9033 (Harmonized System 1992 for 4-digit)

2021
World Trade: $3.04B, Rnk 657 / 1217

2021
Top Exporter | Top Importer: $408M | $382M, Germany | United States

2021
Product Complexity: 0.95, Rnk 191 / 1024

2020 - 2021
Export Growth (CAGR): 4.69%, Rnk 1076 / 1217

2018
Mean Tariff: 3.97%, Rnk 1015 / 1259

2021
Share of World Trade: 0.014%, Rnk 657 / 1217

About

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Overview This page contains the latest trade data of Opto-Electric Instrument Parts. In 2021, Opto-Electric Instrument Parts were the world's 657th most traded product, with a total trade of $3.04B. Between 2020 and 2021 the exports of Opto-Electric Instrument Parts grew by 4.69%, from $2.9B to $3.04B. Trade in Opto-Electric Instrument Parts represent 0.014% of total world trade.

Opto-Electric Instrument Parts are a part of Optical, photo, & film equipment; medical instruments. They include Parts/accessories nes for optical/electric instrument.

Exports In 2021 the top exporters of Opto-Electric Instrument Parts  were Germany ($408M), China ($340M), United States ($308M), Japan ($128M), and Italy ($119M).

Imports In 2021 the top importers of Opto-Electric Instrument Parts were United States ($382M), Germany ($266M), China ($206M), Hong Kong ($182M), and Japan ($115M).

Tariffs In 2018 the average tariff for Opto-Electric Instrument Parts was 3.97%, making it the 1015th lowest tariff using the HS4 product classification.

Ranking Opto-Electric Instrument Parts ranks 191st in the Product Complexity Index (PCI).

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Latest Data

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View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Opto-Electric Instrument Parts. 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

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Exporters and Importers

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Trade By Country

Top Origin (2021): Germany, $408M

Top Destination (2021): United States, $382M

Opto-Electric Instrument Parts are the world's 657th most traded product.

In 2021, the top exporters of Opto-Electric Instrument Parts were Germany ($408M), China ($340M), United States ($308M), Japan ($128M), and Italy ($119M).

In 2021, the top importers of Opto-Electric Instrument Parts were United States ($382M), Germany ($266M), China ($206M), Hong Kong ($182M), and Japan ($115M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Japan, $48.3M

Top Destination Growth (2020 -  2021): United States, $38.2M

Between 2020 and 2021, the exports of Opto-Electric Instrument Parts grew the fastest in Japan ($48.3M), Thailand ($27.4M), Germany ($26.9M), Australia ($20.5M), and Mexico ($15.9M).

Between 2020 and 2021, the fastest growing importers of Opto-Electric Instrument Parts were United States ($38.2M), Greece ($29.8M), Chinese Taipei ($23.2M), Poland ($23.1M), and Israel ($22.9M).

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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 Opto-Electric Instrument Parts.

In 2021, market concentration measured using Shannon Entropy, was 4.83. This means that most of the exports of Opto-Electric Instrument Parts are explained by 28 countries.

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Net Trade

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TOP NET EXPORTER (2021): Germany, $143M

TOP NET IMPORTER (2021): Hong Kong, $161M

This map shows which countries export or import more of Opto-Electric Instrument Parts. Each country is colored based on the difference in exports and imports of Opto-Electric Instrument Parts during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Opto-Electric Instrument Parts were Germany ($143M), China ($134M), Australia ($69.5M), Thailand ($43.6M), and Chinese Taipei ($43.3M).

In 2021, the countries that had a largest trade value in imports than in exports of Opto-Electric Instrument Parts were Hong Kong ($161M), United States ($74.6M), Greece ($57.5M), Poland ($31.7M), and South Korea ($29.5M).

Disaggregation

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Value

In 2021, the world most traded Opto-Electric Instrument Parts, disaggragated by their HS6 level were Parts/accessories nes for optical/electric instrument ($3.04B)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Opto-Electric Instrument Parts.
It is possible to select the main countries that export or import Opto-Electric Instrument Parts 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.

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This visualization shows products that are likely to be exported by countries that export Opto-Electric Instrument Parts.

Country by Relatedness

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The following visualization shows the relatedness of Opto-Electric Instrument Parts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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