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903190 (Harmonized System 1992 for 6-digit)

2023
World Trade $9.93BRnk 368 / 4644
2023
Top Exporter | Top Importer $1.46B | $1.39BGermany | United States
2023
Product Complexity 1.72Rnk 85 / 4656
2022 - 2023
Export Growth (CAGR) -2.3%Rnk 1787 / 4644
2023
Share of World Trade 0.044%Rnk 368 / 4644

About

Overview This page contains the latest trade data of Parts and access for measuring, checking equipment ne. In 2023, Parts and access for measuring, checking equipment ne were the world's 368th most traded product, with a total trade of $9.93B. Between 2022 and 2023 the exports of Parts and access for measuring, checking equipment ne decreased by -2.3%, from $10.2B to $9.93B. Trade in Parts and access for measuring, checking equipment ne represent 0.044% of total world trade.

Parts and access for measuring, checking equipment ne are a part of Other Measuring Instruments.

Exports In 2023 the top exporters of Parts and access for measuring, checking equipment ne  were Germany ($1.46B), United States ($1.38B), China ($1.33B), Japan ($842M), and United Kingdom ($584M).

Imports In 2023 the top importers of Parts and access for measuring, checking equipment ne were United States ($1.39B), China ($1.24B), Germany ($781M), Hong Kong ($665M), and South Korea ($543M).

Ranking Parts and access for measuring, checking equipment ne ranks 85th in the Product Complexity Index (PCI).

Description Parts and access are used to measure, check equipment, and perform various other tasks.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Parts and access for measuring, checking equipment ne. 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 (2023)Germany$1.46B
Top Destination (2023)United States$1.39B

In 2023 Parts and access for measuring, checking equipment ne were the world's 368th most traded product (out of 4,644).

In 2023, the top exporters of Parts and access for measuring, checking equipment ne were Germany ($1.46B), United States ($1.38B), China ($1.33B), Japan ($842M), and United Kingdom ($584M).

In 2023, the top importers of Parts and access for measuring, checking equipment ne were United States ($1.39B), China ($1.24B), Germany ($781M), Hong Kong ($665M), and South Korea ($543M).

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Exporters of Parts and access for measuring, checking equipment ne (2023)
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Importers of Parts and access for measuring, checking equipment ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Israel$59M
Top Destination Growth (2022 -  2023)China$178M

Between 2022 and 2023, the exports of Parts and access for measuring, checking equipment ne grew the fastest in Israel ($59M), Germany ($51.2M), Chinese Taipei ($29.5M), Hungary ($26M), and Canada ($20M).

Between 2022 and 2023, the fastest growing importers of Parts and access for measuring, checking equipment ne were China ($178M), South Korea ($100M), India ($43.7M), United Kingdom ($37.3M), and Russia ($33.3M).

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Exporters of Parts and access for measuring, checking equipment ne (2022 - 2023)

Importers of Parts and access for measuring, checking equipment ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts and access for measuring, checking equipment ne.

In 2023, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Parts and access for measuring, checking equipment ne are explained by 20 countries.

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Value of Exports in Parts and access for measuring, checking equipment ne

Net Trade

TOP NET EXPORTER (2023)Germany$683M
TOP NET IMPORTER (2023)Hong Kong$608M

This map shows which countries export or import more of Parts and access for measuring, checking equipment ne. Each country is colored based on the difference in exports and imports of Parts and access for measuring, checking equipment ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts and access for measuring, checking equipment ne were Germany ($683M), Japan ($396M), United Kingdom ($349M), Israel ($205M), and Switzerland ($174M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts and access for measuring, checking equipment ne were Hong Kong ($608M), Chinese Taipei ($238M), South Korea ($177M), India ($155M), and Singapore ($155M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts and access for measuring, checking equipment ne.
It is possible to select the main countries that export or import Parts and access for measuring, checking equipment ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts and access for measuring, checking equipment ne 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 (2023)

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