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901510 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.67BRnk 1589 / 4644
2023
Top Exporter | Top Importer $413M | $504MSouth Korea | China
2023
Product Complexity 1.06Rnk 703 / 4656
2022 - 2023
Export Growth (CAGR) 35.4%Rnk 112 / 4644
2023
Share of World Trade 0.0074%Rnk 1589 / 4644

About

Overview This page contains the latest trade data of Rangefinders. In 2023, Rangefinders were the world's 1589th most traded product, with a total trade of $1.67B. Between 2022 and 2023 the exports of Rangefinders grew by 35.4%, from $1.23B to $1.67B. Trade in Rangefinders represent 0.0074% of total world trade.

Rangefinders are a part of Surveying Equipment.

Exports In 2023 the top exporters of Rangefinders  were South Korea ($413M), China ($356M), Germany ($157M), Switzerland ($73.3M), and France ($73M).

Imports In 2023 the top importers of Rangefinders were China ($504M), United States ($417M), Germany ($74.4M), South Korea ($50M), and United Kingdom ($48M).

Ranking Rangefinders ranks 703rd in the Product Complexity Index (PCI).

Description Rangefinders may be used to measure distances to physical objects. They may also be used to measure distances over three-dimensional terrain or to measure the distance for a golf shot.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Rangefinders. 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)South Korea$413M
Top Destination (2023)China$504M

In 2023 Rangefinders were the world's 1589th most traded product (out of 4,644).

In 2023, the top exporters of Rangefinders were South Korea ($413M), China ($356M), Germany ($157M), Switzerland ($73.3M), and France ($73M).

In 2023, the top importers of Rangefinders were China ($504M), United States ($417M), Germany ($74.4M), South Korea ($50M), and United Kingdom ($48M).

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Exporters of Rangefinders (2023)
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Importers of Rangefinders (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$408M
Top Destination Growth (2022 -  2023)China$411M

Between 2022 and 2023, the exports of Rangefinders grew the fastest in South Korea ($408M), France ($39.6M), China ($23.4M), Hong Kong ($20.2M), and Spain ($11.6M).

Between 2022 and 2023, the fastest growing importers of Rangefinders were China ($411M), United States ($34.8M), Poland ($19.9M), United Kingdom ($14M), and Switzerland ($11.4M).

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Exporters of Rangefinders (2022 - 2023)

Importers of Rangefinders (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rangefinders.

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Rangefinders are explained by 14 countries.

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Value of Exports in Rangefinders

Net Trade

TOP NET EXPORTER (2023)South Korea$363M
TOP NET IMPORTER (2023)United States$347M

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

In 2023, the countries that had a largest trade value in exports than in imports of Rangefinders were South Korea ($363M), Germany ($82.8M), Malaysia ($66.7M), Switzerland ($39.6M), and France ($38.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Rangefinders were United States ($347M), China ($148M), Canada ($34.9M), United Kingdom ($30.5M), and Poland ($30.4M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Rangefinders.
It is possible to select the main countries that export or import Rangefinders in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rangefinders 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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