Eyewear and Clock Glass
7015 (Harmonized System 1992 for 4-digit)
Overview: This page contains the latest trade data of Eyewear and Clock Glass. In 2018, Eyewear and Clock Glass were the world's 1154th most traded product, with a total trade of $147M. Between 2017 and 2018 the exports of Eyewear and Clock Glass decreased by -0.7%, from $148M to $147M. Trade in Eyewear and Clock Glass represent 0.0008% of total world trade.
Exports: In 2018 the top exporters of Eyewear and Clock Glass were China ($34.2M), Germany ($25.4M), France ($20.4M), Switzerland ($16.9M), and Hong Kong ($12.4M).
Imports: In 2018 the top importers of Eyewear and Clock Glass were Hong Kong ($23.6M), Italy ($21M), China ($10.7M), India ($10.1M), and Thailand ($8.93M).
Tariffs: In 2018 the average tariff for Eyewear and Clock Glass was 5.76%, been the 729 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Eyewear and Clock Glass are Bermuda (25%), Bahamas (20.1%), Samoa (20%), Sudan (18.8%), and Algeria (18.4%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).
Product Trade
#permalink to sectionExporters and Importers
#permalink to sectionTrade By Country
Eyewear and Clock Glass are the world's 1154th most traded product.
In 2018, the top exporters of Eyewear and Clock Glass were China ($34.2M), Germany ($25.4M), France ($20.4M), Switzerland ($16.9M), and Hong Kong ($12.4M).
In 2018, the top importers of Eyewear and Clock Glass were Hong Kong ($23.6M), Italy ($21M), China ($10.7M), India ($10.1M), and Thailand ($8.93M).
Market Dynamics
#permalink to sectionTrade by country
Top Origin Growth (2017 - 2018): Singapore, $4.29M
Top Destination Growth (2017 - 2018): United States, $5.24M
Between 2017 and 2018, the exports of Eyewear and Clock Glass grew the fastest in Singapore ($4.29M), Malaysia ($2.35M), Hong Kong ($2.12M), Germany ($1.52M), and Japan ($1.28M).
Between 2017 and 2018, the fastest growing importers of Eyewear and Clock Glass were United States ($5.24M), Malaysia ($4M), Thailand ($3.22M), Singapore ($2.19M), and Saudi Arabia ($2.14M).
Market Concentration
#permalink to sectionCumulative market share
This chart shows the evolution of the market concentration of exports of Eyewear and Clock Glass.
In 2018, market concentration measured using Shannon Entropy, was 3.53. This means that most of the exports of Eyewear and Clock Glass are explained by 11 countries.
Net Trade
#permalink to sectionThis map shows which countries export or import more of Eyewear and Clock Glass. Each country is colored based on the difference in exports and imports of Eyewear and Clock Glass during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Eyewear and Clock Glass were China ($23.5M), Germany ($20.6M), France ($17.7M), Switzerland ($10.2M), and Philippines ($1.66M).
In 2018, the countries that had a largest trade value in imports than in exports of Eyewear and Clock Glass were Italy ($19.2M), Hong Kong ($11.2M), India ($9.63M), Mexico ($4.01M), and United States ($2.99M).
Tariffs
#permalink to sectionProduct Complexity
#permalink to sectionDiversification Frontier
#permalink to sectionThe 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.
