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902680 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.1BRnk 874 / 4644
2023
Top Exporter | Top Importer $788M | $449MGermany | United States
2023
Product Complexity 1.23Rnk 424 / 4656
2022 - 2023
Export Growth (CAGR) 9.74%Rnk 694 / 4644
2023
Share of World Trade 0.018%Rnk 874 / 4644

About

Overview This page contains the latest trade data of Equipment to measure, check gas/liquid properties nes. In 2023, Equipment to measure, check gas/liquid properties nes were the world's 874th most traded product, with a total trade of $4.1B. Between 2022 and 2023 the exports of Equipment to measure, check gas/liquid properties nes grew by 9.74%, from $3.74B to $4.1B. Trade in Equipment to measure, check gas/liquid properties nes represent 0.018% of total world trade.

Equipment to measure, check gas/liquid properties nes are a part of Gas and Liquid Flow Measuring Instruments.

Exports In 2023 the top exporters of Equipment to measure, check gas/liquid properties nes  were Germany ($788M), United States ($546M), Switzerland ($418M), China ($372M), and Japan ($255M).

Imports In 2023 the top importers of Equipment to measure, check gas/liquid properties nes were United States ($449M), Germany ($435M), China ($341M), France ($182M), and United Kingdom ($162M).

Ranking Equipment to measure, check gas/liquid properties nes ranks 424th in the Product Complexity Index (PCI).

Description The common uses of equipment to measure, check gas/liquid properties vary depending on the need. For example, the equipment could be used to measure a person's blood pressure, the pH of a solution, or the alcohol level in a person's blood.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Equipment to measure, check gas/liquid properties 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 (2023)Germany$788M
Top Destination (2023)United States$449M

In 2023 Equipment to measure, check gas/liquid properties nes were the world's 874th most traded product (out of 4,644).

In 2023, the top exporters of Equipment to measure, check gas/liquid properties nes were Germany ($788M), United States ($546M), Switzerland ($418M), China ($372M), and Japan ($255M).

In 2023, the top importers of Equipment to measure, check gas/liquid properties nes were United States ($449M), Germany ($435M), China ($341M), France ($182M), and United Kingdom ($162M).

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Exporters of Equipment to measure, check gas/liquid properties nes (2023)
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Importers of Equipment to measure, check gas/liquid properties nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$67.3M
Top Destination Growth (2022 -  2023)Germany$73.8M

Between 2022 and 2023, the exports of Equipment to measure, check gas/liquid properties nes grew the fastest in Germany ($67.3M), Switzerland ($29.9M), Mexico ($28.3M), United States ($26.7M), and France ($26.2M).

Between 2022 and 2023, the fastest growing importers of Equipment to measure, check gas/liquid properties nes were Germany ($73.8M), Indonesia ($45.9M), Chinese Taipei ($24.3M), India ($22.9M), and Italy ($20.6M).

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Exporters of Equipment to measure, check gas/liquid properties nes (2022 - 2023)

Importers of Equipment to measure, check gas/liquid properties nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Equipment to measure, check gas/liquid properties nes.

In 2023, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Equipment to measure, check gas/liquid properties nes are explained by 20 countries.

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Value of Exports in Equipment to measure, check gas/liquid properties nes

Net Trade

TOP NET EXPORTER (2023)Switzerland$371M
TOP NET IMPORTER (2023)Indonesia$114M

This map shows which countries export or import more of Equipment to measure, check gas/liquid properties nes. Each country is colored based on the difference in exports and imports of Equipment to measure, check gas/liquid properties nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Equipment to measure, check gas/liquid properties nes were Switzerland ($371M), Germany ($353M), Japan ($175M), United States ($97.3M), and United Kingdom ($58.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Equipment to measure, check gas/liquid properties nes were Indonesia ($114M), India ($85.2M), Poland ($56.7M), Spain ($55.9M), and Brazil ($54.7M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Equipment to measure, check gas/liquid properties 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 (2023)

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