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Binoculars, monoculars, other optical telescopes, mountings therefore; other astronomical instruments, mountings therefore, but not including instruments for radio-astronomy

9005 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.8BRnk 790 / 1217
2023
Top Exporter | Top Importer $598M | $335MChina | United States
2023
Product Complexity 0.53Rnk 364 / 1044
2022 - 2023
Export Growth (CAGR) -6.46%Rnk 620 / 1217
2023
Share of World Trade 0.008%Rnk 790 / 1217

About

Overview This page contains the latest trade data of Binoculars and Telescopes. In 2023, Binoculars and Telescopes were the world's 790th most traded product, with a total trade of $1.8B. Between 2022 and 2023 the exports of Binoculars and Telescopes decreased by -6.46%, from $1.92B to $1.8B. Trade in Binoculars and Telescopes represent 0.008% of total world trade.

Binoculars and Telescopes are a part of Optical, photo, & film equipment; medical instruments. They include Binoculars, Monoculars, telescopes, etc, and Parts and accessories for binoculars, telescopes, etc.

Exports In 2023 the top exporters of Binoculars and Telescopes  were China ($598M), United States ($151M), Germany ($113M), Austria ($92.2M), and Lithuania ($69M).

Imports In 2023 the top importers of Binoculars and Telescopes were United States ($335M), Indonesia ($121M), Germany ($111M), United Kingdom ($79.7M), and Sweden ($68.8M).

Ranking Binoculars and Telescopes ranks 364th in the Product Complexity Index (PCI).

Description Binoculars are used to see things that are far away. They can be made from a variety of materials, including plastic and metal.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Binoculars and Telescopes. 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$598M
Top Destination (2023)United States$335M

In 2023 Binoculars and Telescopes were the world's 790th most traded product (out of 1,217).

In 2023, the top exporters of Binoculars and Telescopes were China ($598M), United States ($151M), Germany ($113M), Austria ($92.2M), and Lithuania ($69M).

In 2023, the top importers of Binoculars and Telescopes were United States ($335M), Indonesia ($121M), Germany ($111M), United Kingdom ($79.7M), and Sweden ($68.8M).

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

Color
Top Origin Growth (2022 -  2023)Turkey$63.8M
Top Destination Growth (2022 -  2023)Indonesia$52.9M

Between 2022 and 2023, the exports of Binoculars and Telescopes grew the fastest in Turkey ($63.8M), Singapore ($46.8M), Lithuania ($21.8M), Switzerland ($19.3M), and Israel ($14.7M).

Between 2022 and 2023, the fastest growing importers of Binoculars and Telescopes were Indonesia ($52.9M), Ukraine ($46.2M), Sweden ($29.3M), Czechia ($23.8M), and Russia ($17.2M).

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Exporters of Binoculars and Telescopes (2022 - 2023)

Importers of Binoculars and Telescopes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Binoculars and Telescopes are explained by 16 countries.

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Value of Exports in Binoculars and Telescopes

Net Trade

TOP NET EXPORTER (2023)China$577M
TOP NET IMPORTER (2023)United States$184M

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

In 2023, the countries that had a largest trade value in exports than in imports of Binoculars and Telescopes were China ($577M), Turkey ($62.2M), Singapore ($55.3M), Greece ($55.2M), and Austria ($52M).

In 2023, the countries that had a largest trade value in imports than in exports of Binoculars and Telescopes were United States ($184M), Indonesia ($121M), Ukraine ($64.1M), Sweden ($63.2M), and Australia ($55.4M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Binoculars and Telescopes, disaggragated by their HS6 level were Binoculars ($859M), Monoculars, telescopes, etc ($697M), and Parts and accessories for binoculars, telescopes,... ($241M)

HS6 Disaggregation for Binoculars and Telescopes (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Binoculars and Telescopes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndonesia+ $4.66M
TOP IMPORT POTENTIALUnited States+ $1.55M

Binoculars and Telescopes’s highest export potential is Indonesia. With an export gap of $4.66M.  Binoculars and Telescopes’s highest import potential is United States with an import gap of $1.55M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Binoculars and Telescopes.

Country by Relatedness

The following visualization shows the relatedness of Binoculars and Telescopes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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