Overview: This page contains the latest trade data of Microscopes. In 2019, Microscopes were the world's 650th most traded product, with a total trade of $2.74B. Between 2018 and 2019 the exports of Microscopes decreased by -0.44%, from $2.75B to $2.74B. Trade in Microscopes represent 0.015% of total world trade.
Ranking: Microscopes ranks 151st in the Product Complexity Index (PCI).
Description: Optical microscopes are used to look at objects that are too small for the naked eye. They can be used to look at things like insects, plants, and other small objects.
Between 2018 and 2019, the fastest growing importers of Microscopes were China ($50.7M), Japan ($14.6M), Russia ($10.7M), Canada ($10.4M), and Spain ($7.35M).
This chart shows the evolution of the market concentration of exports of Microscopes.
In 2019, market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Microscopes are explained by 9 countries.
This map shows which countries export or import more of Microscopes. Each country is colored based on the difference in exports and imports of Microscopes during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Microscopes were Germany ($726M), Japan ($251M), Singapore ($191M), Hungary ($23.8M), and Philippines ($8.33M).
In 2019, the countries that had a largest trade value in imports than in exports of Microscopes were United States ($267M), Hong Kong ($127M), India ($61.5M), Russia ($55.7M), and France ($50.9M).
In 2018, the average tariff for importing Microscopes was 3.93%. The countries with the highest tariffs for importing Microscopes were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Panama (12%), and Aruba (12%).
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.