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852692 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.51BRnk 809 / 4644
2023
Top Exporter | Top Importer $1.55B | $1.46BChina | United States
2023
Product Complexity 0.29Rnk 2044 / 4656
2022 - 2023
Export Growth (CAGR) 2.5%Rnk 1282 / 4644
2023
Share of World Trade 0.02%Rnk 809 / 4644

About

Overview This page contains the latest trade data of Radio remote control apparatus. In 2023, Radio remote control apparatus were the world's 809th most traded product, with a total trade of $4.51B. Between 2022 and 2023 the exports of Radio remote control apparatus grew by 2.5%, from $4.4B to $4.51B. Trade in Radio remote control apparatus represent 0.02% of total world trade.

Radio remote control apparatus are a part of Navigation Equipment.

Exports In 2023 the top exporters of Radio remote control apparatus  were China ($1.55B), Germany ($465M), Mexico ($397M), United States ($262M), and Vietnam ($194M).

Imports In 2023 the top importers of Radio remote control apparatus were United States ($1.46B), Germany ($326M), China ($183M), Mexico ($168M), and Canada ($157M).

Ranking Radio remote control apparatus ranks 2044th in the Product Complexity Index (PCI).

Description Radio remote control apparatus is used to control electrical devices.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Radio remote control apparatus. 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)China$1.55B
Top Destination (2023)United States$1.46B

In 2023 Radio remote control apparatus were the world's 809th most traded product (out of 4,644).

In 2023, the top exporters of Radio remote control apparatus were China ($1.55B), Germany ($465M), Mexico ($397M), United States ($262M), and Vietnam ($194M).

In 2023, the top importers of Radio remote control apparatus were United States ($1.46B), Germany ($326M), China ($183M), Mexico ($168M), and Canada ($157M).

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Exporters of Radio remote control apparatus (2023)
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Importers of Radio remote control apparatus (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$74.3M
Top Destination Growth (2022 -  2023)United States$81.9M

Between 2022 and 2023, the exports of Radio remote control apparatus grew the fastest in Vietnam ($74.3M), Hong Kong ($55.3M), Mexico ($41.5M), Romania ($38.5M), and Germany ($24.4M).

Between 2022 and 2023, the fastest growing importers of Radio remote control apparatus were United States ($81.9M), Vietnam ($65.8M), Canada ($31.7M), Japan ($28.9M), and Saudi Arabia ($20.7M).

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Exporters of Radio remote control apparatus (2022 - 2023)

Importers of Radio remote control apparatus (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Radio remote control apparatus.

In 2023, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Radio remote control apparatus are explained by 15 countries.

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Value of Exports in Radio remote control apparatus

Net Trade

TOP NET EXPORTER (2023)China$1.36B
TOP NET IMPORTER (2023)United States$1.19B

This map shows which countries export or import more of Radio remote control apparatus. Each country is colored based on the difference in exports and imports of Radio remote control apparatus during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Radio remote control apparatus were China ($1.36B), Mexico ($229M), Germany ($139M), Romania ($75.7M), and Vietnam ($71.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Radio remote control apparatus were United States ($1.19B), Canada ($119M), United Kingdom ($97.9M), Netherlands ($77M), and Japan ($63.1M).

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 Radio remote control apparatus.
It is possible to select the main countries that export or import Radio remote control apparatus in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Radio remote control apparatus 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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