HS Icon Telescopes for arms/other equipment, periscopes

901310 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $1.18B, Rnk 1824 / 4648

2019
Top Exporter | Top Importer
: $170M | $309M, China | United States

2019
Product Complexity
: 0.33, Rnk 2018 / 4826

2018 - 2019
Export Growth (CAGR)
: 10.1%, Rnk 420 / 4648

2018
Mean Tariff
: 7.07%, Rnk 3172 / 6538

 2019
Share of World Trade
: 0.0065%, Rnk 1824 / 4648

Overview:  This page contains the latest trade data of Telescopes for arms/other equipment, periscopes. In 2019, Telescopes for arms/other equipment, periscopes were the world's 1824th most traded product, with a total trade of $1.18B. Between 2018 and 2019 the exports of Telescopes for arms/other equipment, periscopes grew by 10.1%, from  $1.07B to $1.18B. Trade in Telescopes for arms/other equipment, periscopes represent 0.0065% of total world trade.

Exports: In 2019 the top exporters of Telescopes for arms/other equipment, periscopes  were China ($170M), Russia ($152M), France ($100M), United States ($97.7M), and Germany ($91.2M).

Imports: In 2019 the top importers of Telescopes for arms/other equipment, periscopes were United States ($309M), Saudi Arabia ($113M), Germany ($58.4M), Belgium ($58.1M), and India ($51.1M).

Tariffs: In 2018 the average tariff for Telescopes for arms/other equipment, periscopes was 7.07%, making it the 3172nd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Telescopes for arms/other equipment, periscopes are Bahamas (40.2%), Cambodia (35%), Ethiopia (29.7%), Jordan (25.7%), and Bermuda (25%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Telescopes for arms/other equipment, periscopes ranks 2018th in the Product Complexity Index (PCI).

Description: Telescopes are used to see distant objects that would not be visible to the naked eye. They can also be used to see objects close to the ground that might not be visible to the naked eye. Telescopes are also used for certain instruments like periscopes.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $170M

Top Destination (2019): United States, $309M

Telescopes for arms/other equipment, periscopes are the world's 1824th most traded product.

In 2019, the top exporters of Telescopes for arms/other equipment, periscopes were China ($170M), Russia ($152M), France ($100M), United States ($97.7M), and Germany ($91.2M).

In 2019, the top importers of Telescopes for arms/other equipment, periscopes were United States ($309M), Saudi Arabia ($113M), Germany ($58.4M), Belgium ($58.1M), and India ($51.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Russia, $130M

Top Destination Growth (2018 - 2019): Saudi Arabia, $79.7M

Between 2018 and 2019, the exports of Telescopes for arms/other equipment, periscopes grew the fastest in Russia ($130M), Sweden ($26.5M), France ($16.9M), Germany ($14.9M), and China ($9.22M).

Between 2018 and 2019, the fastest growing importers of Telescopes for arms/other equipment, periscopes were Saudi Arabia ($79.7M), India ($28.1M), United Arab Emirates ($22.1M), South Korea ($22M), and France ($15.4M).

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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 Telescopes for arms/other equipment, periscopes.

In 2019,  market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Telescopes for arms/other equipment, periscopes are explained by 17 countries.

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TOP NET EXPORTER (2019): China, $169M

TOP NET IMPORTER (2019): United States, $211M

This map shows which countries export or import more of Telescopes for arms/other equipment, periscopes. Each country is colored based on the difference in exports and imports of Telescopes for arms/other equipment, periscopes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Telescopes for arms/other equipment, periscopes were China ($169M), Russia ($115M), Philippines ($79.5M), France ($63M), and Sweden ($62.9M).

In 2019, the countries that had a largest trade value in imports than in exports of Telescopes for arms/other equipment, periscopes were United States ($211M), Saudi Arabia ($113M), Belgium ($52.7M), India ($46.2M), and United Arab Emirates ($27.2M).

Import Tariffs

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In 2018, the average tariff for importing Telescopes for arms/other equipment, periscopes was 7.07%.  The countries with the highest tariffs for importing Telescopes for arms/other equipment, periscopes were Bahamas (40.2%), Cambodia (35%), Ethiopia (29.7%), Jordan (25.7%), and Bermuda (25%).

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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.