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901600 (Harmonized System 1992 for 6-digit)

2022
World Trade $402MRnk 3136 / 4648
2022
Top Exporter | Top Importer $102M | $51.8MChina | United States
2022
Product Complexity 1.6Rnk 133 / 4653
2021 - 2022
Export Growth (CAGR) 1.68%Rnk 2728 / 4648
2022
Share of World Trade 0.0017%Rnk 3136 / 4648

About

Overview This page contains the latest trade data of Balances of a sensitivity of 50 milligram or better. In 2022, Balances of a sensitivity of 50 milligram or better were the world's 3136th most traded product, with a total trade of $402M. Between 2021 and 2022 the exports of Balances of a sensitivity of 50 milligram or better grew by 1.68%, from $395M to $402M. Trade in Balances of a sensitivity of 50 milligram or better represent 0.0017% of total world trade.

Balances of a sensitivity of 50 milligram or better are a part of Balances.

Exports In 2022 the top exporters of Balances of a sensitivity of 50 milligram or better  were China ($102M), Germany ($101M), Netherlands ($48.4M), Switzerland ($32.5M), and Japan ($21M).

Imports In 2022 the top importers of Balances of a sensitivity of 50 milligram or better were United States ($51.8M), Germany ($27.3M), India ($26.3M), China ($26M), and Netherlands ($22.8M).

Ranking Balances of a sensitivity of 50 milligram or better ranks 133rd in the Product Complexity Index (PCI).

Description Balance is the difference between two readings on a scale. A sensitivity of 50 milligram or better is the amount of weight needed to cause a reading on a balance. A balance with this sensitivity can measure the weight of a small pill.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Balances of a sensitivity of 50 milligram or better. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$102M
Top Destination (2022)United States$51.8M

In 2022 Balances of a sensitivity of 50 milligram or better were the world's 3136th most traded product (out of 4,648).

In 2022, the top exporters of Balances of a sensitivity of 50 milligram or better were China ($102M), Germany ($101M), Netherlands ($48.4M), Switzerland ($32.5M), and Japan ($21M).

In 2022, the top importers of Balances of a sensitivity of 50 milligram or better were United States ($51.8M), Germany ($27.3M), India ($26.3M), China ($26M), and Netherlands ($22.8M).

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Exporters of Balances of a sensitivity of 50 milligram or better (2022)
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Importers of Balances of a sensitivity of 50 milligram or better (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Switzerland$3.12M
Top Destination Growth (2021 -  2022)India$4.38M

Between 2021 and 2022, the exports of Balances of a sensitivity of 50 milligram or better grew the fastest in Switzerland ($3.12M), Netherlands ($2.28M), Chinese Taipei ($2.23M), Singapore ($1.35M), and Malaysia ($873k).

Between 2021 and 2022, the fastest growing importers of Balances of a sensitivity of 50 milligram or better were India ($4.38M), Germany ($3.82M), China ($2.66M), United Kingdom ($2.65M), and France ($2.57M).

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Exporters of Balances of a sensitivity of 50 milligram or better (2021 - 2022)

Importers of Balances of a sensitivity of 50 milligram or better (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Balances of a sensitivity of 50 milligram or better.

In 2022, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Balances of a sensitivity of 50 milligram or better are explained by 10 countries.

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Value of Exports in Balances of a sensitivity of 50 milligram or better

Net Trade

TOP NET EXPORTER (2022)China$75.9M
TOP NET IMPORTER (2022)United States$34.7M

This map shows which countries export or import more of Balances of a sensitivity of 50 milligram or better. Each country is colored based on the difference in exports and imports of Balances of a sensitivity of 50 milligram or better during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Balances of a sensitivity of 50 milligram or better were China ($75.9M), Germany ($74.1M), Netherlands ($25.6M), Switzerland ($19.5M), and Philippines ($14.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Balances of a sensitivity of 50 milligram or better were United States ($34.7M), India ($24.6M), Canada ($14.4M), France ($13.8M), and United Kingdom ($12.1M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Balances of a sensitivity of 50 milligram or better.
It is possible to select the main countries that export or import Balances of a sensitivity of 50 milligram or better in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Balances of a sensitivity of 50 milligram or better by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

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