HS Icon Optical Fibers

9001 (Harmonized System 1992 for 4-digit)

World Trade (2018): $30.8B, Rnk 123 / 1225

Top Exporter (2018): $4.58B, Japan

Top Importer (2018): $6.33B, China

Product Complexity (2018): 0.68, Rnk 290 / 1018

Export Growth (CAGR)(2017 - 2018): 13.3%, Rnk 600 / 1225

Mean Tariff (2018): 4.71%, Rnk 875 / 1259

Share of World Trade (2018): 0.17%, Rnk 123 / 1225

Overview:  This page contains the latest trade data of Optical Fibers. In 2018, Optical Fibers were the world's 123rd most traded product, with a total trade of $30.8B. Between 2017 and 2018 the exports of Optical Fibers grew by 13.3%, from  $27.2B to $30.8B. Trade in Optical Fibers represent 0.17% of total world trade.

Exports: In 2018 the top exporters of Optical Fibers  were Japan ($4.58B), China ($4.16B), South Korea ($3.74B), United States ($3.32B), and Germany ($2.07B).

Imports: In 2018 the top importers of Optical Fibers were China ($6.33B), United States ($2.85B), Japan ($2.41B), Hong Kong ($2.1B), and Germany ($1.73B).

Tariffs: In 2018 the average tariff for Optical Fibers was 4.71%, been the 875 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Optical Fibers are Cambodia (26.5%), Bahamas (25.2%), Bermuda (21.4%), Fiji (20.1%), and Samoa (20%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Optical Fibers ranks 290th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $4.58B

Top Destination (2018): China, $6.33B

Optical Fibers are the world's 123rd most traded product.

In 2018, the top exporters of Optical Fibers were Japan ($4.58B), China ($4.16B), South Korea ($3.74B), United States ($3.32B), and Germany ($2.07B).

In 2018, the top importers of Optical Fibers were China ($6.33B), United States ($2.85B), Japan ($2.41B), Hong Kong ($2.1B), and Germany ($1.73B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $855M

Top Destination Growth (2017 - 2018): United States, $1.04B

Between 2017 and 2018, the exports of Optical Fibers grew the fastest in China ($855M), United States ($575M), Germany ($521M), South Korea ($383M), and Singapore ($365M).

Between 2017 and 2018, the fastest growing importers of Optical Fibers were United States ($1.04B), Vietnam ($353M), Mexico ($247M), Singapore ($221M), and Hong Kong ($219M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Optical Fibers.

In 2018,  market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Optical Fibers are explained by 18 countries.

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TOP NET EXPORTER (2018): Japan, $2.17B

TOP NET IMPORTER (2018): China, $2.17B

This map shows which countries export or import more of Optical Fibers. Each country is colored based on the difference in exports and imports of Optical Fibers during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Optical Fibers were Japan ($2.17B), South Korea ($2.02B), Ireland ($1.59B), Chinese Taipei ($915M), and Thailand ($535M).

In 2018, the countries that had a largest trade value in imports than in exports of Optical Fibers were China ($2.17B), Hong Kong ($1.85B), Vietnam ($946M), France ($649M), and Italy ($441M).

Import Tariffs

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In 2018, the average tariff for importing Optical Fibers was 4.71%.  The countries with the highest tariffs for importing Optical Fibers were Cambodia (26.5%), Bahamas (25.2%), Bermuda (21.4%), Fiji (20.1%), and Samoa (20%).

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Product Complexity

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Diversification Frontier

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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.