HS Icon Surveying Equipment

9015 (Harmonized System 1992 for 4-digit)

World Trade (2018): $8.75B, Rnk 357 / 1225

Top Exporter (2018): $1.5B, United States

Top Importer (2018): $1.31B, United States

Product Complexity (2018): -0.083, Rnk 577 / 1018

Export Growth (CAGR)(2017 - 2018): 27.4%, Rnk 198 / 1225

Mean Tariff (2018): 4.19%, Rnk 960 / 1259

Share of World Trade (2018): 0.048%, Rnk 357 / 1225

Overview:  This page contains the latest trade data of Surveying Equipment. In 2018, Surveying Equipment were the world's 357th most traded product, with a total trade of $8.75B. Between 2017 and 2018 the exports of Surveying Equipment grew by 27.4%, from  $6.87B to $8.75B. Trade in Surveying Equipment represent 0.048% of total world trade.

Exports: In 2018 the top exporters of Surveying Equipment  were United States ($1.5B), China ($882M), Germany ($876M), United Kingdom ($557M), and Canada ($495M).

Imports: In 2018 the top importers of Surveying Equipment were United States ($1.31B), China ($659M), Germany ($516M), United Kingdom ($371M), and United Arab Emirates ($371M).

Tariffs: In 2018 the average tariff for Surveying Equipment was 4.19%, been the 960 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Surveying Equipment are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Surveying Equipment ranks 577th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $1.5B

Top Destination (2018): United States, $1.31B

Surveying Equipment are the world's 357th most traded product.

In 2018, the top exporters of Surveying Equipment were United States ($1.5B), China ($882M), Germany ($876M), United Kingdom ($557M), and Canada ($495M).

In 2018, the top importers of Surveying Equipment were United States ($1.31B), China ($659M), Germany ($516M), United Kingdom ($371M), and United Arab Emirates ($371M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Singapore, $245M

Top Destination Growth (2017 - 2018): United States, $421M

Between 2017 and 2018, the exports of Surveying Equipment grew the fastest in Singapore ($245M), United States ($217M), Germany ($161M), Canada ($152M), and United Arab Emirates ($134M).

Between 2017 and 2018, the fastest growing importers of Surveying Equipment were United States ($421M), United Arab Emirates ($193M), China ($166M), Saudi Arabia ($107M), and Germany ($102M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Surveying Equipment.

In 2018,  market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Surveying Equipment are explained by 23 countries.

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TOP NET EXPORTER (2018): Germany, $361M

TOP NET IMPORTER (2018): United Arab Emirates, $190M

This map shows which countries export or import more of Surveying Equipment. Each country is colored based on the difference in exports and imports of Surveying Equipment during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Surveying Equipment were Germany ($361M), Canada ($350M), Switzerland ($266M), China ($223M), and United States ($193M).

In 2018, the countries that had a largest trade value in imports than in exports of Surveying Equipment were United Arab Emirates ($190M), Russia ($162M), Saudi Arabia ($135M), South Korea ($114M), and India ($101M).

Trade Forecasts

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This section shows forecasts for total trade for Surveying Equipment. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Surveying Equipment was 4.19%.  The countries with the highest tariffs for importing Surveying Equipment were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Aruba (12%).

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Product Complexity

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Diversification Frontier

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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.