HS Icon Telescopes for arms/other equipment, periscopes

901310 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.07B, Rnk 1939 / 4726

Top Exporter (2018): $161M, China

Top Importer (2018): $317M, United States

Product Complexity (2018): 0.72, Rnk 1251 / 4873

Export Growth (CAGR)(2017 - 2018): 21.9%, Rnk 1247 / 4726

Mean Tariff (2018): 7.07%, Rnk 3172 / 6538

Share of World Trade (2018): 0.0058%, Rnk 1939 / 4726

Overview:  This page contains the latest trade data of Telescopes for arms/other equipment, periscopes. In 2018, Telescopes for arms/other equipment, periscopes were the world's 1939th most traded product, with a total trade of $1.07B. Between 2017 and 2018 the exports of Telescopes for arms/other equipment, periscopes grew by 21.9%, from  $876M to $1.07B. Trade in Telescopes for arms/other equipment, periscopes represent 0.0058% of total world trade.

Exports: In 2018 the top exporters of Telescopes for arms/other equipment, periscopes  were China ($161M), Philippines ($104M), United States ($103M), France ($84M), and Germany ($76.3M).

Imports: In 2018 the top importers of Telescopes for arms/other equipment, periscopes were United States ($317M), Belgium-Luxembourg ($77M), Germany ($55.5M), Canada ($38.3M), and Russia ($36.2M).

Tariffs: In 2018 the average tariff for Telescopes for arms/other equipment, periscopes was 7.07%, been the 3172 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 1251st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $161M

Top Destination (2018): United States, $317M

Telescopes for arms/other equipment, periscopes are the world's 1939th most traded product.

In 2018, the top exporters of Telescopes for arms/other equipment, periscopes were China ($161M), Philippines ($104M), United States ($103M), France ($84M), and Germany ($76.3M).

In 2018, the top importers of Telescopes for arms/other equipment, periscopes were United States ($317M), Belgium-Luxembourg ($77M), Germany ($55.5M), Canada ($38.3M), and Russia ($36.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $35M

Top Destination Growth (2017 - 2018): Belgium-Luxembourg, $58.4M

Between 2017 and 2018, the exports of Telescopes for arms/other equipment, periscopes grew the fastest in China ($35M), France ($30.1M), Austria ($21.5M), Greece ($21.5M), and Lithuania ($19.4M).

Between 2017 and 2018, the fastest growing importers of Telescopes for arms/other equipment, periscopes were Belgium-Luxembourg ($58.4M), United States ($31.2M), Saudi Arabia ($18.8M), Germany ($14.2M), and India ($11.5M).

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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 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Telescopes for arms/other equipment, periscopes are explained by 19 countries.

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TOP NET EXPORTER (2018): China, $160M

TOP NET IMPORTER (2018): United States, $214M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Telescopes for arms/other equipment, periscopes were China ($160M), Philippines ($102M), France ($62.2M), Japan ($58.5M), and Austria ($45.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Telescopes for arms/other equipment, periscopes were United States ($214M), Belgium-Luxembourg ($60.8M), Australia ($30M), India ($21.6M), and Canada ($19.7M).

Trade Forecasts

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This section shows forecasts for total trade for Telescopes for arms/other equipment, periscopes. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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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.