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950730 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.07BRnk 2035 / 4644
2023
Top Exporter | Top Importer $361M | $244MChina | United States
2023
Product Complexity 0.75Rnk 1202 / 4656
2022 - 2023
Export Growth (CAGR) -18%Rnk 3518 / 4644
2023
Share of World Trade 0.0047%Rnk 2035 / 4644

About

Overview This page contains the latest trade data of Fishing reels. In 2023, Fishing reels were the world's 2035th most traded product, with a total trade of $1.07B. Between 2022 and 2023 the exports of Fishing reels decreased by -18%, from $1.3B to $1.07B. Trade in Fishing reels represent 0.0047% of total world trade.

Fishing reels are a part of Fishing and Hunting Equipment.

Exports In 2023 the top exporters of Fishing reels  were China ($361M), Malaysia ($223M), Japan ($167M), Vietnam ($54.3M), and Singapore ($44.1M).

Imports In 2023 the top importers of Fishing reels were United States ($244M), China ($129M), Japan ($118M), Singapore ($61.9M), and Netherlands ($49.4M).

Ranking Fishing reels ranks 1202nd in the Product Complexity Index (PCI).

Description Fishing reels are used to store and retrieve fishing line, and are usually attached to the end of the fishing rod. The reel is used to store fishing line when the fisherman is not actively fishing. Fishing reels are also used when fishing from the shore, to help take the strain from fishing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Fishing reels. 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$361M
Top Destination (2023)United States$244M

In 2023 Fishing reels were the world's 2035th most traded product (out of 4,644).

In 2023, the top exporters of Fishing reels were China ($361M), Malaysia ($223M), Japan ($167M), Vietnam ($54.3M), and Singapore ($44.1M).

In 2023, the top importers of Fishing reels were United States ($244M), China ($129M), Japan ($118M), Singapore ($61.9M), and Netherlands ($49.4M).

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Exporters of Fishing reels (2023)
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Importers of Fishing reels (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$1.51M
Top Destination Growth (2022 -  2023)Russia$12.6M

Between 2022 and 2023, the exports of Fishing reels grew the fastest in Spain ($1.51M), Netherlands ($1.37M), Estonia ($482k), Italy ($386k), and Finland ($335k).

Between 2022 and 2023, the fastest growing importers of Fishing reels were Russia ($12.6M), Vietnam ($11M), Turkey ($3.22M), Chinese Taipei ($2.68M), and Panama ($2.17M).

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Exporters of Fishing reels (2022 - 2023)

Importers of Fishing reels (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fishing reels.

In 2023, market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Fishing reels are explained by 8 countries.

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Value of Exports in Fishing reels

Net Trade

TOP NET EXPORTER (2023)China$232M
TOP NET IMPORTER (2023)United States$237M

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

In 2023, the countries that had a largest trade value in exports than in imports of Fishing reels were China ($232M), Malaysia ($205M), Japan ($49.2M), Thailand ($32.3M), and Vietnam ($31.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Fishing reels were United States ($237M), Australia ($31.2M), Russia ($31M), Netherlands ($21.3M), and France ($19.7M).

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

Top 10 Exporters Countries of Fishing reels 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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