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900510 (Harmonized System 1992 for 6-digit)

2023
World Trade $859MRnk 2280 / 4644
2023
Top Exporter | Top Importer $271M | $179MChina | United States
2023
Product Complexity 0.42Rnk 1815 / 4656
2022 - 2023
Export Growth (CAGR) -6.64%Rnk 2298 / 4644
2023
Share of World Trade 0.0038%Rnk 2280 / 4644

About

Overview This page contains the latest trade data of Binoculars. In 2023, Binoculars were the world's 2280th most traded product, with a total trade of $859M. Between 2022 and 2023 the exports of Binoculars decreased by -6.64%, from $920M to $859M. Trade in Binoculars represent 0.0038% of total world trade.

Binoculars are a part of Binoculars and Telescopes.

Exports In 2023 the top exporters of Binoculars  were China ($271M), United States ($62.4M), Turkey ($61.6M), Singapore ($59.6M), and Germany ($58.6M).

Imports In 2023 the top importers of Binoculars were United States ($179M), Indonesia ($73.2M), Germany ($61.4M), Ukraine ($40.2M), and Japan ($36.6M).

Ranking Binoculars ranks 1815th in the Product Complexity Index (PCI).

Description Binoculars are instruments that allow a person to see objects that are far away. They are very useful for bird-watching, hunting, and viewing sporting events. Binoculars are used to see what might be happening on the field or in the sky.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Binoculars. 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 (2023)China$271M
Top Destination (2023)United States$179M

In 2023 Binoculars were the world's 2280th most traded product (out of 4,644).

In 2023, the top exporters of Binoculars were China ($271M), United States ($62.4M), Turkey ($61.6M), Singapore ($59.6M), and Germany ($58.6M).

In 2023, the top importers of Binoculars were United States ($179M), Indonesia ($73.2M), Germany ($61.4M), Ukraine ($40.2M), and Japan ($36.6M).

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Exporters of Binoculars (2023)
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Importers of Binoculars (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$58.7M
Top Destination Growth (2022 -  2023)Indonesia$44.7M

Between 2022 and 2023, the exports of Binoculars grew the fastest in Singapore ($58.7M), Turkey ($57.6M), Switzerland ($15.8M), Lithuania ($14.8M), and South Korea ($13.2M).

Between 2022 and 2023, the fastest growing importers of Binoculars were Indonesia ($44.7M), Ukraine ($34.7M), Czechia ($24.8M), Sweden ($10.8M), and Austria ($8.83M).

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Exporters of Binoculars (2022 - 2023)

Importers of Binoculars (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Binoculars.

In 2023, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Binoculars are explained by 14 countries.

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Value of Exports in Binoculars

Net Trade

TOP NET EXPORTER (2023)China$265M
TOP NET IMPORTER (2023)United States$117M

This map shows which countries export or import more of Binoculars. Each country is colored based on the difference in exports and imports of Binoculars during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Binoculars were China ($265M), Turkey ($58.8M), Singapore ($55.7M), Austria ($32.9M), and Portugal ($26.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Binoculars were United States ($117M), Indonesia ($73.2M), Ukraine ($38.3M), Czechia ($29M), and United Kingdom ($23.9M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Binoculars 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 (2023)

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