HS Icon Prisms, mirrors and optical elements nes, unmounted

900190 (Harmonized System 1992 for 6-digit)

World Trade (2018): $8.46B, Rnk 376 / 4726

Top Exporter (2018): $1.88B, China

Top Importer (2018): $1.81B, China

Product Complexity (2018): 0.87, Rnk 565 / 2722

Export Growth (CAGR)(2017 - 2018): 27.3%, Rnk 921 / 4726

Mean Tariff (2018): 5.52%, Rnk 3825 / 6538

Share of World Trade (2018): 0.046%, Rnk 376 / 4726

Overview:  This page contains the latest trade data of Prisms, mirrors and optical elements nes, unmounted. In 2018, Prisms, mirrors and optical elements nes, unmounted were the world's 376th most traded product, with a total trade of $8.46B. Between 2017 and 2018 the exports of Prisms, mirrors and optical elements nes, unmounted grew by 27.3%, from  $6.65B to $8.46B. Trade in Prisms, mirrors and optical elements nes, unmounted represent 0.046% of total world trade.

Exports: In 2018 the top exporters of Prisms, mirrors and optical elements nes, unmounted  were China ($1.88B), South Korea ($1.46B), United States ($1.23B), Japan ($1.23B), and Germany ($729M).

Imports: In 2018 the top importers of Prisms, mirrors and optical elements nes, unmounted were China ($1.81B), Hong Kong ($852M), United States ($678M), Japan ($663M), and South Korea ($611M).

Tariffs: In 2018 the average tariff for Prisms, mirrors and optical elements nes, unmounted was 5.52%, been the 3825 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Prisms, mirrors and optical elements nes, unmounted are Bahamas (41.1%), Cambodia (35%), Ethiopia (29.7%), Bermuda (25%), and Algeria (24.3%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Prisms, mirrors and optical elements nes, unmounted ranks 565th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.88B

Top Destination (2018): China, $1.81B

Prisms, mirrors and optical elements nes, unmounted are the world's 376th most traded product.

In 2018, the top exporters of Prisms, mirrors and optical elements nes, unmounted were China ($1.88B), South Korea ($1.46B), United States ($1.23B), Japan ($1.23B), and Germany ($729M).

In 2018, the top importers of Prisms, mirrors and optical elements nes, unmounted were China ($1.81B), Hong Kong ($852M), United States ($678M), Japan ($663M), and South Korea ($611M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $609M

Top Destination Growth (2017 - 2018): United States, $678M

Between 2017 and 2018, the exports of Prisms, mirrors and optical elements nes, unmounted grew the fastest in China ($609M), United States ($452M), Germany ($352M), Singapore ($250M), and South Korea ($163M).

Between 2017 and 2018, the fastest growing importers of Prisms, mirrors and optical elements nes, unmounted were United States ($678M), Singapore ($252M), Mexico ($184M), Germany ($145M), and Hong Kong ($139M).

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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 Prisms, mirrors and optical elements nes, unmounted.

In 2018,  market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Prisms, mirrors and optical elements nes, unmounted are explained by 11 countries.

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TOP NET EXPORTER (2018): South Korea, $849M

TOP NET IMPORTER (2018): Hong Kong, $779M

This map shows which countries export or import more of Prisms, mirrors and optical elements nes, unmounted. Each country is colored based on the difference in exports and imports of Prisms, mirrors and optical elements nes, unmounted during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Prisms, mirrors and optical elements nes, unmounted were South Korea ($849M), Japan ($564M), United States ($555M), Chinese Taipei ($131M), and Germany ($123M).

In 2018, the countries that had a largest trade value in imports than in exports of Prisms, mirrors and optical elements nes, unmounted were Hong Kong ($779M), Vietnam ($329M), Thailand ($230M), Mexico ($178M), and Philippines ($104M).

Import Tariffs

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In 2018, the average tariff for importing Prisms, mirrors and optical elements nes, unmounted was 5.52%.  The countries with the highest tariffs for importing Prisms, mirrors and optical elements nes, unmounted were Bahamas (41.1%), Cambodia (35%), Ethiopia (29.7%), Bermuda (25%), and Algeria (24.3%).

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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.