HS Icon Other Measuring Instruments

Measuring or checking instruments, appliances and machines, n.e.c. or included in this chapter; profile projectors

9031 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Other Measuring Instruments. In 2021, Other Measuring Instruments were the world's 83rd most traded product, with a total trade of $53.5B. Between 2020 and 2021 the exports of Other Measuring Instruments grew by 18.8%, from $45B to $53.5B. Trade in Other Measuring Instruments represent 0.0025% of total world trade.

Other Measuring Instruments are a part of Optical, photo, & film equipment; medical instruments. They include Measuring or checking equipment, nes, Optical instruments and appliances, nes, Parts and access for measuring, checking equipment ne, Test benches for measuring or checking equipment, Machines for balancing mechanical parts, nes, and Profile projectors, nes.

Exports In 2021 the top exporters of Other Measuring Instruments  were Germany ($9.11B), China ($5.85B), United States ($5.74B), Japan ($5.31B), and South Korea ($2.88B).

Imports In 2021 the top importers of Other Measuring Instruments were China ($9.08B), United States ($6.27B), Germany ($3.58B), Chinese Taipei ($3.57B), and South Korea ($3.42B).

Tariffs In 2018 the average tariff for Other Measuring Instruments was 3.84%, making it the 1044th lowest tariff using the HS4 product classification.

Ranking Other Measuring Instruments ranks 46th in the Product Complexity Index (PCI).

Description Measuring or checking instruments, appliances and machines are used to measure or check things. They can be made from a variety of materials, including wood, plastic, metal, and glass.

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The following visualization shows the latest trends on Other Measuring Instruments. 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): Germany, $9.11B

Top Destination (2021): China, $9.08B

Other Measuring Instruments are the world's 83rd most traded product.

In 2021, the top exporters of Other Measuring Instruments were Germany ($9.11B), China ($5.85B), United States ($5.74B), Japan ($5.31B), and South Korea ($2.88B).

In 2021, the top importers of Other Measuring Instruments were China ($9.08B), United States ($6.27B), Germany ($3.58B), Chinese Taipei ($3.57B), and South Korea ($3.42B).

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Market Dynamics

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Trade by country

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Top Origin Growth (2020 -  2021): Germany, $999M

Top Destination Growth (2020 -  2021): China, $1.52B

Between 2020 and 2021, the exports of Other Measuring Instruments grew the fastest in Germany ($999M), Singapore ($850M), Japan ($847M), China ($744M), and Israel ($734M).

Between 2020 and 2021, the fastest growing importers of Other Measuring Instruments were China ($1.52B), United States ($1B), South Korea ($949M), Chinese Taipei ($909M), and Germany ($641M).

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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 Other Measuring Instruments.

In 2021, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Other Measuring Instruments are explained by 21 countries.

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TOP NET EXPORTER (2021): Germany, $5.53B

TOP NET IMPORTER (2021): China, $3.24B

This map shows which countries export or import more of Other Measuring Instruments. Each country is colored based on the difference in exports and imports of Other Measuring Instruments during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Other Measuring Instruments were Germany ($5.53B), Japan ($2.96B), Israel ($2.02B), Singapore ($1.51B), and Switzerland ($641M).

In 2021, the countries that had a largest trade value in imports than in exports of Other Measuring Instruments were China ($3.24B), Chinese Taipei ($1.97B), Hong Kong ($1.25B), India ($977M), and Vietnam ($962M).

Disaggregation

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Value

In 2021, the world most traded Other Measuring Instruments, disaggragated by their HS6 level were Measuring or checking equipment, nes ($24.6B), Optical instruments and appliances, nes ($17B), Parts and access for measuring, checking... ($9.3B), Test benches for measuring or checking... ($1.98B), and Machines for balancing mechanical parts, nes ($576M)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Other Measuring Instruments.
It is possible to select the main countries that export or import Other Measuring Instruments 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 Other Measuring Instruments to countries. Higher relatedness values ‚Äč‚Äčindicate greater knowledge, which predicts a greater probability of exporting that product in the future.