Microphones and Headphones8518 (Harmonized System 1992 for 4-digit)
World Trade (2018): $40.6B, Rnk 92 / 1225
Top Exporter (2018): $18.4B, China
Top Importer (2018): $6.93B, United States
Product Complexity (2018): 0.17, Rnk 475 / 1018
Export Growth (CAGR)(2017 - 2018): 12.1%, Rnk 662 / 1225
Mean Tariff (2018): 9.95%, Rnk 430 / 1259
Share of World Trade (2018): 0.22%, Rnk 92 / 1225
Overview: This page contains the latest trade data of Microphones and Headphones. In 2018, Microphones and Headphones were the world's 92nd most traded product, with a total trade of $40.6B. Between 2017 and 2018 the exports of Microphones and Headphones grew by 12.1%, from $36.2B to $40.6B. Trade in Microphones and Headphones represent 0.22% of total world trade.
Exports: In 2018 the top exporters of Microphones and Headphones were China ($18.4B), Vietnam ($3.41B), United States ($2.12B), Mexico ($2.07B), and Germany ($2.03B).
Imports: In 2018 the top importers of Microphones and Headphones were United States ($6.93B), Hong Kong ($3.52B), China ($3.01B), Germany ($2.63B), and United Kingdom ($1.52B).
Tariffs: In 2018 the average tariff for Microphones and Headphones was 9.95%, making it the 430th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Microphones and Headphones are Bahamas (40.4%), Zimbabwe (31.9%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).
Ranking: Microphones and Headphones ranks 475th in the Product Complexity Index (PCI).
Description: Microphones are used to record sound. They can be made from a variety of materials, including plastic, metal, and ceramic. Microphones are often combined with loudspeakers to produce sound.
Trade By Country
Top Origin (2018): China, $18.4B
Top Destination (2018): United States, $6.93B
Microphones and Headphones are the world's 92nd most traded product.
In 2018, the top exporters of Microphones and Headphones were China ($18.4B), Vietnam ($3.41B), United States ($2.12B), Mexico ($2.07B), and Germany ($2.03B).
In 2018, the top importers of Microphones and Headphones were United States ($6.93B), Hong Kong ($3.52B), China ($3.01B), Germany ($2.63B), and United Kingdom ($1.52B).
Trade by country
Top Origin Growth (2017 - 2018): United States, $628M
Top Destination Growth (2017 - 2018): United States, $1.25B
Between 2017 and 2018, the exports of Microphones and Headphones grew the fastest in United States ($628M), Vietnam ($549M), Germany ($489M), China ($422M), and Malaysia ($396M).
Between 2017 and 2018, the fastest growing importers of Microphones and Headphones were United States ($1.25B), Netherlands ($614M), China ($253M), India ($238M), and United Kingdom ($189M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Microphones and Headphones.
In 2018, market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Microphones and Headphones are explained by 11 countries.
TOP NET EXPORTER (2018): China, $15.4B
TOP NET IMPORTER (2018): United States, $4.81B
This map shows which countries export or import more of Microphones and Headphones. Each country is colored based on the difference in exports and imports of Microphones and Headphones during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Microphones and Headphones were China ($15.4B), Vietnam ($2.17B), Malaysia ($902M), Mexico ($843M), and Belgium-Luxembourg ($211M).
In 2018, the countries that had a largest trade value in imports than in exports of Microphones and Headphones were United States ($4.81B), Hong Kong ($2.92B), Japan ($1.06B), Canada ($1B), and United Kingdom ($877M).
In 2018, the world most traded Microphones and Headphones, disaggragated by their HS6 level were Headphones, earphones, combinations ($12.7B), Multiple loudspeakers, mounted in single enclosure ($7.32B), Loudspeakers, nes ($5.13B), Single loudspeakers, mounted in enclosure ($4.31B), and Audio-frequency electric amplifiers ($3.67B)
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.
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