902780 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Equipment for physical or chemical analysis, nes. In 2022, Equipment for physical or chemical analysis, nes were the world's 273rd most traded product, with a total trade of $13.5B. Between 2021 and 2022 the exports of Equipment for physical or chemical analysis, nes decreased by -5.04%, from $14.3B to $13.5B. Trade in Equipment for physical or chemical analysis, nes represent 0.057% of total world trade.

Equipment for physical or chemical analysis, nes are a part of Chemical Analysis Instruments.

Exports In 2022 the top exporters of Equipment for physical or chemical analysis, nes  were United States ($2.65B), Germany ($2.25B), Singapore ($1.51B), China ($1.19B), and Japan ($984M).

Imports In 2022 the top importers of Equipment for physical or chemical analysis, nes were China ($2.37B), United States ($1.86B), Germany ($1.03B), Netherlands ($603M), and South Korea ($592M).

Ranking Equipment for physical or chemical analysis, nes ranks 93rd in the Product Complexity Index (PCI).

Description Physical analysis is the study of physical properties of substances, such as their mass and volume, while chemical analysis is the study of the composition of substances, such as their chemical compounds. Equipment used for physical analysis includes the triple-beam balance and analytical balance. Equipment used for chemical analysis includes the spectrophotometer, which uses a prism to split light into a rainbow of colors.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Equipment for physical or chemical analysis, nes. 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$2.65B
Top Destination (2022)China$2.37B

In 2022 Equipment for physical or chemical analysis, nes were the world's 273rd most traded product (out of 4,648).

In 2022, the top exporters of Equipment for physical or chemical analysis, nes were United States ($2.65B), Germany ($2.25B), Singapore ($1.51B), China ($1.19B), and Japan ($984M).

In 2022, the top importers of Equipment for physical or chemical analysis, nes were China ($2.37B), United States ($1.86B), Germany ($1.03B), Netherlands ($603M), and South Korea ($592M).

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Exporters of Equipment for physical or chemical analysis, nes (2022)
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Importers of Equipment for physical or chemical analysis, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Singapore$63.7M
Top Destination Growth (2021 -  2022)Chinese Taipei$54M

Between 2021 and 2022, the exports of Equipment for physical or chemical analysis, nes grew the fastest in Singapore ($63.7M), Netherlands ($49.2M), Ireland ($39M), Chinese Taipei ($35.1M), and Poland ($18.3M).

Between 2021 and 2022, the fastest growing importers of Equipment for physical or chemical analysis, nes were Chinese Taipei ($54M), Netherlands ($50.2M), Poland ($49.8M), United States ($32.4M), and South Korea ($28.6M).

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Exporters of Equipment for physical or chemical analysis, nes (2021 - 2022)

Importers of Equipment for physical or chemical analysis, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Equipment for physical or chemical analysis, nes.

In 2022, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Equipment for physical or chemical analysis, nes are explained by 16 countries.

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Value of Exports in Equipment for physical or chemical analysis, nes

Net Trade

TOP NET EXPORTER (2022)Germany$1.21B
TOP NET IMPORTER (2022)China$1.19B

This map shows which countries export or import more of Equipment for physical or chemical analysis, nes. Each country is colored based on the difference in exports and imports of Equipment for physical or chemical analysis, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Equipment for physical or chemical analysis, nes were Germany ($1.21B), Singapore ($1.18B), United States ($787M), Switzerland ($600M), and Japan ($478M).

In 2022, the countries that had a largest trade value in imports than in exports of Equipment for physical or chemical analysis, nes were China ($1.19B), South Korea ($373M), India ($336M), Hong Kong ($244M), and Poland ($206M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Equipment for physical or chemical analysis, nes 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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