Overview: This page contains the latest trade data of Surveying Equipment. In 2019, Surveying Equipment were the world's 328th most traded product, with a total trade of $9.56B. Between 2018 and 2019 the exports of Surveying Equipment grew by 5.08%, from $9.1B to $9.56B. Trade in Surveying Equipment represent 0.053% of total world trade.
Ranking: Surveying Equipment ranks 514th in the Product Complexity Index (PCI).
Description: Rangefinders are used to measure the distance between two points. They can be made from a variety of materials, including plastic and metal.
Between 2018 and 2019, the exports of Surveying Equipment grew the fastest in China ($152M), United Kingdom ($128M), France ($102M), Germany ($87.3M), and Norway ($75M).
This chart shows the evolution of the market concentration of exports of Surveying Equipment.
In 2019, market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Surveying Equipment are explained by 21 countries.
This map shows which countries export or import more of Surveying Equipment. Each country is colored based on the difference in exports and imports of Surveying Equipment during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Surveying Equipment were Germany ($496M), United States ($447M), China ($363M), United Kingdom ($322M), and Switzerland ($266M).
In 2018, the average tariff for importing Surveying Equipment was 4.19%. The countries with the highest tariffs for importing Surveying Equipment were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Aruba (12%).
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.