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Instruments, apparatus and models, for demonstration

902300 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.45BRnk 1008 / 4644
2023
Top Exporter | Top Importer $601M | $704MChina | United States
2023
Product Complexity 0.16Rnk 2272 / 4656
2022 - 2023
Export Growth (CAGR) 13.1%Rnk 514 / 4644
2023
Share of World Trade 0.015%Rnk 1008 / 4644

About

Overview This page contains the latest trade data of Instruments, apparatus and models, for demonstration. In 2023, Instruments, apparatus and models, for demonstration were the world's 1008th most traded product, with a total trade of $3.45B. Between 2022 and 2023 the exports of Instruments, apparatus and models, for demonstration grew by 13.1%, from $3.05B to $3.45B. Trade in Instruments, apparatus and models, for demonstration represent 0.015% of total world trade.

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

Exports In 2023 the top exporters of Instruments, apparatus and models, for demonstration  were China ($601M), United States ($539M), Germany ($368M), United Kingdom ($223M), and Canada ($120M).

Imports In 2023 the top importers of Instruments, apparatus and models, for demonstration were United States ($704M), United Arab Emirates ($222M), Germany ($159M), China ($153M), and Japan ($144M).

Ranking Instruments, apparatus and models, for demonstration ranks 2272nd 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 (2023)China$601M
Top Destination (2023)United States$704M

In 2023 Instruments, apparatus and models, for demonstration were the world's 1008th most traded product (out of 4,644).

In 2023, the top exporters of Instruments, apparatus and models, for demonstration were China ($601M), United States ($539M), Germany ($368M), United Kingdom ($223M), and Canada ($120M).

In 2023, the top importers of Instruments, apparatus and models, for demonstration were United States ($704M), United Arab Emirates ($222M), Germany ($159M), China ($153M), and Japan ($144M).

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Exporters of Instruments, apparatus and models, for demonstration (2023)
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Importers of Instruments, apparatus and models, for demonstration (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$68.2M
Top Destination Growth (2022 -  2023)United Arab Emirates$106M

Between 2022 and 2023, the exports of Instruments, apparatus and models, for demonstration grew the fastest in Turkey ($68.2M), Russia ($53M), Oman ($47.8M), United States ($39.5M), and United Kingdom ($35.8M).

Between 2022 and 2023, the fastest growing importers of Instruments, apparatus and models, for demonstration were United Arab Emirates ($106M), United States ($67.9M), Oman ($53.1M), Russia ($33.1M), and Netherlands ($30.6M).

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Exporters of Instruments, apparatus and models, for demonstration (2022 - 2023)

Importers of Instruments, apparatus and models, for demonstration (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of Instruments, apparatus and models, for demonstration are explained by 23 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$448M
TOP NET IMPORTER (2023)United States$165M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Instruments, apparatus and models, for demonstration were China ($448M), Germany ($209M), United Kingdom ($85.4M), Norway ($74.6M), and Turkey ($57.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Instruments, apparatus and models, for demonstration were United States ($165M), United Arab Emirates ($148M), Japan ($65.4M), Saudi Arabia ($45.8M), and India ($33.4M).

Net Trade (2023)

Country Comparison

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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 (2023)

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