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902300 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.24BRnk 1102 / 4648
2022
Top Exporter | Top Importer $684M | $603MChina | United States
2022
Product Complexity 0.34Rnk 1933 / 4653
2021 - 2022
Export Growth (CAGR) 5.47%Rnk 2170 / 4648
2022
Share of World Trade 0.014%Rnk 1102 / 4648

About

Overview This page contains the latest trade data of Instruments, apparatus and models, for demonstration. In 2022, Instruments, apparatus and models, for demonstration were the world's 1102nd most traded product, with a total trade of $3.24B. Between 2021 and 2022 the exports of Instruments, apparatus and models, for demonstration grew by 5.47%, from $3.07B to $3.24B. Trade in Instruments, apparatus and models, for demonstration represent 0.014% of total world trade.

Instruments, apparatus and models, for demonstration are a part of Instructional Models.

Exports In 2022 the top exporters of Instruments, apparatus and models, for demonstration  were China ($684M), United States ($552M), Germany ($377M), United Kingdom ($189M), and Canada ($105M).

Imports In 2022 the top importers of Instruments, apparatus and models, for demonstration were United States ($603M), Germany ($198M), United Kingdom ($158M), Japan ($139M), and China ($131M).

Ranking Instruments, apparatus and models, for demonstration ranks 1933rd in the Product Complexity Index (PCI).

Description Instruments, apparatus and models are used in a variety of contexts, from the classroom to the science lab. Instruments are used to measure or detect something, like a thermometer, while apparatus are designed for a particular purpose, like an oven. Models are used to simulate real-life objects or to illustrate a particular concept.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Instruments, apparatus and models, for demonstration. 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$684M
Top Destination (2022)United States$603M

In 2022 Instruments, apparatus and models, for demonstration were the world's 1102nd most traded product (out of 4,648).

In 2022, the top exporters of Instruments, apparatus and models, for demonstration were China ($684M), United States ($552M), Germany ($377M), United Kingdom ($189M), and Canada ($105M).

In 2022, the top importers of Instruments, apparatus and models, for demonstration were United States ($603M), Germany ($198M), United Kingdom ($158M), Japan ($139M), and China ($131M).

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Exporters of Instruments, apparatus and models, for demonstration (2022)
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Importers of Instruments, apparatus and models, for demonstration (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$121M
Top Destination Growth (2021 -  2022)United States$53.9M

Between 2021 and 2022, the exports of Instruments, apparatus and models, for demonstration grew the fastest in United States ($121M), Germany ($67.6M), United Kingdom ($20.9M), Spain ($19.6M), and Canada ($17.5M).

Between 2021 and 2022, the fastest growing importers of Instruments, apparatus and models, for demonstration were United States ($53.9M), Hungary ($53.7M), Singapore ($36.6M), Netherlands ($23.4M), and Poland ($21.7M).

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Exporters of Instruments, apparatus and models, for demonstration (2021 - 2022)

Importers of Instruments, apparatus and models, for demonstration (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Instruments, apparatus and models, for demonstration.

In 2022, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Instruments, apparatus and models, for demonstration are explained by 19 countries.

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Value of Exports in Instruments, apparatus and models, for demonstration

Net Trade

TOP NET EXPORTER (2022)China$553M
TOP NET IMPORTER (2022)Japan$66.1M

This map shows which countries export or import more of Instruments, apparatus and models, for demonstration. Each country is colored based on the difference in exports and imports of Instruments, apparatus and models, for demonstration during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Instruments, apparatus and models, for demonstration were China ($553M), Germany ($179M), Norway ($60.3M), Sweden ($52.3M), and Israel ($47.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Instruments, apparatus and models, for demonstration were Japan ($66.1M), Hong Kong ($65.9M), United States ($50.6M), Hungary ($49.4M), and Saudi Arabia ($47.5M).

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 Instruments, apparatus and models, for demonstration.
It is possible to select the main countries that export or import Instruments, apparatus and models, for demonstration in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Instruments, apparatus and models, for demonstration 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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