847190 (Harmonized System 1996 for 6-digit)

About

Overview This page contains the latest trade data of Data Readers (Magnetic or Optical). In 2022, Data Readers (Magnetic or Optical) were the world's 478th most traded product, with a total trade of $8.29B. Between 2021 and 2022 the exports of Data Readers (Magnetic or Optical) grew by 2.96%, from $8.05B to $8.29B. Trade in Data Readers (Magnetic or Optical) represent 0.035% of total world trade.

Data Readers (Magnetic or Optical) are a part of Automatic data processing machines and units thereof, magnetic or optical readers, machines....

Exports In 2022 the top exporters of Data Readers (Magnetic or Optical)  were United States ($1.34B), Germany ($1.2B), China ($1.18B), Netherlands ($456M), and Vietnam ($426M).

Imports In 2022 the top importers of Data Readers (Magnetic or Optical) were United States ($1.03B), China ($654M), Germany ($594M), Netherlands ($513M), and United Kingdom ($372M).

Ranking Data Readers (Magnetic or Optical) ranks 886th in the Product Complexity Index (PCI).

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Data Readers (Magnetic or Optical). 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)United States$1.34B
Top Destination (2022)United States$1.03B

In 2022 Data Readers (Magnetic or Optical) were the world's 478th most traded product (out of 4,769).

In 2022, the top exporters of Data Readers (Magnetic or Optical) were United States ($1.34B), Germany ($1.2B), China ($1.18B), Netherlands ($456M), and Vietnam ($426M).

In 2022, the top importers of Data Readers (Magnetic or Optical) were United States ($1.03B), China ($654M), Germany ($594M), Netherlands ($513M), and United Kingdom ($372M).

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Exporters of Data Readers (Magnetic or Optical) (2022)
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Importers of Data Readers (Magnetic or Optical) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$81.4M
Top Destination Growth (2021 -  2022)Germany$84.6M

Between 2021 and 2022, the exports of Data Readers (Magnetic or Optical) grew the fastest in United States ($81.4M), Vietnam ($71.7M), Poland ($64.3M), Chinese Taipei ($62.8M), and Austria ($60.3M).

Between 2021 and 2022, the fastest growing importers of Data Readers (Magnetic or Optical) were Germany ($84.6M), United States ($78.6M), Brazil ($64.6M), Ireland ($62.9M), and Slovakia ($41.9M).

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Exporters of Data Readers (Magnetic or Optical) (2021 - 2022)

Importers of Data Readers (Magnetic or Optical) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Data Readers (Magnetic or Optical).

In 2022, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Data Readers (Magnetic or Optical) are explained by 20 countries.

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Value of Exports in Data Readers (Magnetic or Optical)

Net Trade

TOP NET EXPORTER (2022)Germany$605M
TOP NET IMPORTER (2022)Canada$210M

This map shows which countries export or import more of Data Readers (Magnetic or Optical). Each country is colored based on the difference in exports and imports of Data Readers (Magnetic or Optical) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Data Readers (Magnetic or Optical) were Germany ($605M), China ($522M), Vietnam ($372M), United States ($307M), and Chinese Taipei ($292M).

In 2022, the countries that had a largest trade value in imports than in exports of Data Readers (Magnetic or Optical) were Canada ($210M), Brazil ($183M), United Kingdom ($163M), India ($122M), and Italy ($110M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Data Readers (Magnetic or Optical) 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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