HS Icon Spectacles, goggles except sunglasses

900490 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Spectacles, goggles except sunglasses. In 2019, Spectacles, goggles except sunglasses were the world's 895th most traded product, with a total trade of $3.36B. Between 2018 and 2019 the exports of Spectacles, goggles except sunglasses grew by 2.62%, from $3.27B to $3.36B. Trade in Spectacles, goggles except sunglasses represent 0.019% of total world trade.

Exports: In 2019 the top exporters of Spectacles, goggles except sunglasses  were China ($1.57B), Chinese Taipei ($356M), United States ($196M), Germany ($176M), and Thailand ($173M).

Imports: In 2019 the top importers of Spectacles, goggles except sunglasses were United States ($879M), Hong Kong ($248M), Canada ($193M), Germany ($179M), and United Kingdom ($172M).

Tariffs: In 2018 the average tariff for Spectacles, goggles except sunglasses was 9.12%, making it the 2504th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Spectacles, goggles except sunglasses are Iran (35%), Ecuador (26.8%), Algeria (26.2%), Bangladesh (25%), and Cuba (24.6%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Zambia (0%), Hong Kong (0%), and Sri Lanka (0%).

Ranking: Spectacles, goggles except sunglasses ranks 1352nd in the Product Complexity Index (PCI).

Description: Spectacles are used to correct for nearsightedness, farsightedness and presbyopia. Goggles are used to protect the eyes in activities that could dirty the eyes, wear contact lenses or glasses. Sunglasses are used to protect the eyes from the sun's rays.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.57B

Top Destination (2019): United States, $879M

Spectacles, goggles except sunglasses are the world's 895th most traded product.

In 2019, the top exporters of Spectacles, goggles except sunglasses were China ($1.57B), Chinese Taipei ($356M), United States ($196M), Germany ($176M), and Thailand ($173M).

In 2019, the top importers of Spectacles, goggles except sunglasses were United States ($879M), Hong Kong ($248M), Canada ($193M), Germany ($179M), and United Kingdom ($172M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $31.4M

Top Destination Growth (2018 - 2019): United States, $75.3M

Between 2018 and 2019, the exports of Spectacles, goggles except sunglasses grew the fastest in China ($31.4M), Thailand ($31.2M), Mexico ($22.3M), United Kingdom ($9.98M), and India ($8.96M).

Between 2018 and 2019, the fastest growing importers of Spectacles, goggles except sunglasses were United States ($75.3M), Sweden ($11.9M), Indonesia ($10.1M), South Korea ($10M), and Canada ($6.94M).

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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 Spectacles, goggles except sunglasses.

In 2019,  market concentration measured using Shannon Entropy, was 3.23. This means that most of the exports of Spectacles, goggles except sunglasses are explained by 9 countries.

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TOP NET EXPORTER (2019): China, $1.55B

TOP NET IMPORTER (2019): United States, $682M

This map shows which countries export or import more of Spectacles, goggles except sunglasses. Each country is colored based on the difference in exports and imports of Spectacles, goggles except sunglasses during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Spectacles, goggles except sunglasses were China ($1.55B), Chinese Taipei ($348M), Thailand ($153M), Mexico ($62M), and Hungary ($33.2M).

In 2019, the countries that had a largest trade value in imports than in exports of Spectacles, goggles except sunglasses were United States ($682M), Hong Kong ($214M), Canada ($177M), Australia ($143M), and United Kingdom ($90M).

Import Tariffs

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In 2018, the average tariff for importing Spectacles, goggles except sunglasses was 9.12%. The countries with the highest tariffs for importing Spectacles, goggles except sunglasses were Iran (35%), Ecuador (26.8%), Algeria (26.2%), Bangladesh (25%), and Cuba (24.6%).

Product Complexity

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Diversification Frontier

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Specialization

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.