Microscopes9011 (Harmonized System 1992 for 4-digit)
World Trade (2018): $2.68B, Rnk 657 / 1225
Top Exporter (2018): $909M, Germany
Top Importer (2018): $454M, United States
Product Complexity (2018): 0.62, Rnk 324 / 1018
Export Growth (CAGR)(2017 - 2018): -26.6%, Rnk 1213 / 1225
Mean Tariff (2018): 3.93%, Rnk 1007 / 1259
Share of World Trade (2018): 0.015%, Rnk 657 / 1225
Overview: In 2018, Microscopes were the world's 657th most traded product, with a total trade of $2.68B. Between 2017 and 2018 the exports of Microscopes decreased by -26.6%, from $3.66B to $2.68B. Trade in Microscopes represent 0.015% of total world trade.
Exports: In 2018 the top exporters of Microscopes were Germany ($909M), Japan ($484M), China ($328M), Singapore ($249M), and United States ($181M).
Imports: In 2018 the top importers of Microscopes were United States ($454M), China ($311M), Germany ($250M), Japan ($169M), and Hong Kong ($145M).
Tariffs: In 2018 the average tariff for Microscopes was 3.93%, been the 1007 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Microscopes are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Panama (12%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Microscopes ranks 324th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $909M
Top Destination (2018): United States, $454M
Microscopes are the world's 657th most traded product.
In 2018, the top exporters of Microscopes were Germany ($909M), Japan ($484M), China ($328M), Singapore ($249M), and United States ($181M).
In 2018, the top importers of Microscopes were United States ($454M), China ($311M), Germany ($250M), Japan ($169M), and Hong Kong ($145M).
Trade by country
Top Origin Growth (2017 - 2018): Germany, $114M
Top Destination Growth (2017 - 2018): Germany, $65.3M
Between 2017 and 2018, the exports of Microscopes grew the fastest in Germany ($114M), Netherlands ($16.3M), Belgium-Luxembourg ($11.4M), Canada ($8.46M), and Hungary ($7.91M).
Between 2017 and 2018, the fastest growing importers of Microscopes were Germany ($65.3M), United States ($49.3M), United Kingdom ($37.7M), Netherlands ($19.7M), and China ($17.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Microscopes.
In 2018, market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Microscopes are explained by 10 countries.
TOP NET EXPORTER (2018): Germany, $659M
TOP NET IMPORTER (2018): United States, $272M
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 2018.
In 2018, the countries that had a largest trade value in exports than imports of Microscopes were Germany ($659M), Japan ($315M), Singapore ($183M), China ($16.6M), and Hungary ($8.52M).
In 2018, the countries that had a largest trade value in imports than exports of Microscopes were United States ($272M), Hong Kong ($118M), Mexico ($102M), India ($58.8M), and Russia ($46.7M).
This section shows forecasts for total trade for Microscopes. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
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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