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903031 (Harmonized System 1992 for 6-digit)

2022
World Trade $866MRnk 2362 / 4648
2022
Top Exporter | Top Importer $218M | $114MChina | Germany
2022
Product Complexity 1.11Rnk 625 / 4653
2021 - 2022
Export Growth (CAGR) -1.67%Rnk 3219 / 4648
2022
Share of World Trade 0.0037%Rnk 2362 / 4648

About

Overview This page contains the latest trade data of Electrical multimeters. In 2022, Electrical multimeters were the world's 2362nd most traded product, with a total trade of $866M. Between 2021 and 2022 the exports of Electrical multimeters decreased by -1.67%, from $880M to $866M. Trade in Electrical multimeters represent 0.0037% of total world trade.

Electrical multimeters are a part of Oscilloscopes.

Exports In 2022 the top exporters of Electrical multimeters  were China ($218M), Germany ($114M), United States ($88.7M), Hungary ($57M), and Romania ($43.4M).

Imports In 2022 the top importers of Electrical multimeters were Germany ($114M), United States ($113M), Netherlands ($42.9M), China ($36.4M), and Romania ($32M).

Ranking Electrical multimeters ranks 625th in the Product Complexity Index (PCI).

Description An electrical multimeter is used to measure voltage, current, and resistance.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Electrical multimeters. 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$218M
Top Destination (2022)Germany$114M

In 2022 Electrical multimeters were the world's 2362nd most traded product (out of 4,648).

In 2022, the top exporters of Electrical multimeters were China ($218M), Germany ($114M), United States ($88.7M), Hungary ($57M), and Romania ($43.4M).

In 2022, the top importers of Electrical multimeters were Germany ($114M), United States ($113M), Netherlands ($42.9M), China ($36.4M), and Romania ($32M).

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Exporters of Electrical multimeters (2022)
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Importers of Electrical multimeters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Hungary$5.11M
Top Destination Growth (2021 -  2022)Malaysia$5.39M

Between 2021 and 2022, the exports of Electrical multimeters grew the fastest in Hungary ($5.11M), Chinese Taipei ($4.99M), United Kingdom ($3.22M), Poland ($2.77M), and United States ($2.51M).

Between 2021 and 2022, the fastest growing importers of Electrical multimeters were Malaysia ($5.39M), South Korea ($3.94M), Indonesia ($3.57M), Vietnam ($2.71M), and Saudi Arabia ($2.37M).

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Exporters of Electrical multimeters (2021 - 2022)

Importers of Electrical multimeters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical multimeters.

In 2022, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Electrical multimeters are explained by 16 countries.

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Value of Exports in Electrical multimeters

Net Trade

TOP NET EXPORTER (2022)China$182M
TOP NET IMPORTER (2022)United States$24.6M

This map shows which countries export or import more of Electrical multimeters. Each country is colored based on the difference in exports and imports of Electrical multimeters during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electrical multimeters were China ($182M), Hungary ($45.9M), Chinese Taipei ($30.3M), Italy ($16.4M), and Malaysia ($12.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Electrical multimeters were United States ($24.6M), Canada ($24.2M), Netherlands ($20.9M), Mexico ($16.3M), and India ($15.4M).

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 Electrical multimeters.
It is possible to select the main countries that export or import Electrical multimeters in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical multimeters 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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