Mirrors and Lenses9002 (Harmonized System 1992 for 4-digit)
World Trade (2018): $14.5B, Rnk 252 / 1225
Top Exporter (2018): $2.66B, China
Top Importer (2018): $2.25B, China
Product Complexity (2018): 1.42, Rnk 60 / 1018
Export Growth (CAGR)(2017 - 2018): 15.3%, Rnk 502 / 1225
Mean Tariff (2018): 5.24%, Rnk 783 / 1259
Share of World Trade (2018): 0.079%, Rnk 252 / 1225
Overview: This page contains the latest trade data of Mirrors and Lenses. In 2018, Mirrors and Lenses were the world's 252nd most traded product, with a total trade of $14.5B. Between 2017 and 2018 the exports of Mirrors and Lenses grew by 15.3%, from $12.6B to $14.5B. Trade in Mirrors and Lenses represent 0.079% of total world trade.
Exports: In 2018 the top exporters of Mirrors and Lenses were China ($2.66B), Japan ($2.49B), Germany ($2.39B), Chinese Taipei ($2.12B), and South Korea ($662M).
Imports: In 2018 the top importers of Mirrors and Lenses were China ($2.25B), Netherlands ($1.93B), Hong Kong ($1.59B), United States ($1.49B), and Vietnam ($998M).
Tariffs: In 2018 the average tariff for Mirrors and Lenses was 5.24%, been the 783 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Mirrors and Lenses are Cambodia (33%), Bahamas (27.1%), Ethiopia (25.8%), Algeria (25.5%), and Jordan (23.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).
Ranking: Mirrors and Lenses ranks 60th in the Product Complexity Index (PCI).
Trade By Country
Mirrors and Lenses are the world's 252nd most traded product.
In 2018, the top exporters of Mirrors and Lenses were China ($2.66B), Japan ($2.49B), Germany ($2.39B), Chinese Taipei ($2.12B), and South Korea ($662M).
In 2018, the top importers of Mirrors and Lenses were China ($2.25B), Netherlands ($1.93B), Hong Kong ($1.59B), United States ($1.49B), and Vietnam ($998M).
Trade by country
Top Origin Growth (2017 - 2018): Germany, $623M
Top Destination Growth (2017 - 2018): Hong Kong, $1.27B
Between 2017 and 2018, the exports of Mirrors and Lenses grew the fastest in Germany ($623M), China ($389M), Singapore ($269M), Thailand ($226M), and United States ($160M).
Between 2017 and 2018, the fastest growing importers of Mirrors and Lenses were Hong Kong ($1.27B), Vietnam ($470M), Netherlands ($378M), United States ($247M), and Singapore ($113M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Mirrors and Lenses.
In 2018, market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Mirrors and Lenses are explained by 12 countries.
TOP NET EXPORTER (2018): Japan, $1.78B
TOP NET IMPORTER (2018): Netherlands, $1.49B
This map shows which countries export or import more of Mirrors and Lenses. Each country is colored based on the difference in exports and imports of Mirrors and Lenses during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Mirrors and Lenses were Japan ($1.78B), Chinese Taipei ($1.76B), Germany ($1.59B), Thailand ($424M), and China ($409M).
In 2018, the countries that had a largest trade value in imports than in exports of Mirrors and Lenses were Netherlands ($1.49B), Hong Kong ($1.48B), United States ($928M), Vietnam ($557M), and South Korea ($314M).
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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