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Radar apparatus, radio navigational aid apparatus and radio remote control apparatus

8526 (Harmonized System 1992 for 4-digit)

2023
World Trade $23.4BRnk 185 / 1217
2023
Top Exporter | Top Importer $3.35B | $4.43BChina | United States
2023
Product Complexity 0.97Rnk 188 / 1044
2022 - 2023
Export Growth (CAGR) 9.14%Rnk 171 / 1217
2023
Share of World Trade 0.1%Rnk 185 / 1217

About

Overview This page contains the latest trade data of Navigation Equipment. In 2023, Navigation Equipment were the world's 185th most traded product, with a total trade of $23.4B. Between 2022 and 2023 the exports of Navigation Equipment grew by 9.14%, from $21.4B to $23.4B. Trade in Navigation Equipment represent 0.1% of total world trade.

Navigation Equipment are a part of Electrical machinery and electronics. They include Radio navigational aid apparatus, Radar apparatus, and Radio remote control apparatus.

Exports In 2023 the top exporters of Navigation Equipment  were China ($3.35B), United States ($3.12B), Germany ($1.92B), Hungary ($1.41B), and Mexico ($1.29B).

Imports In 2023 the top importers of Navigation Equipment were United States ($4.43B), Germany ($2.3B), China ($1.81B), Japan ($1.67B), and United Kingdom ($843M).

Ranking Navigation Equipment ranks 188th in the Product Complexity Index (PCI).

Description Radar apparatus is used to detect objects in the air, and radio navigational aid apparatus is used to help pilots navigate. Radio remote control apparatus is used to help people control things from a distance.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Navigation Equipment. 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$3.35B
Top Destination (2023)United States$4.43B

In 2023 Navigation Equipment were the world's 185th most traded product (out of 1,217).

In 2023, the top exporters of Navigation Equipment were China ($3.35B), United States ($3.12B), Germany ($1.92B), Hungary ($1.41B), and Mexico ($1.29B).

In 2023, the top importers of Navigation Equipment were United States ($4.43B), Germany ($2.3B), China ($1.81B), Japan ($1.67B), and United Kingdom ($843M).

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Exporters of Navigation Equipment (2023)
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Importers of Navigation Equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$396M
Top Destination Growth (2022 -  2023)Germany$517M

Between 2022 and 2023, the exports of Navigation Equipment grew the fastest in Poland ($396M), Portugal ($272M), United States ($240M), Vietnam ($218M), and Germany ($196M).

Between 2022 and 2023, the fastest growing importers of Navigation Equipment were Germany ($517M), United States ($465M), China ($296M), Mexico ($194M), and South Korea ($120M).

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Exporters of Navigation Equipment (2022 - 2023)

Importers of Navigation Equipment (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Navigation Equipment.

In 2023, market concentration measured using Shannon Entropy, was 4.62. This means that most of the exports of Navigation Equipment are explained by 24 countries.

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Value of Exports in Navigation Equipment

Net Trade

TOP NET EXPORTER (2023)China$1.54B
TOP NET IMPORTER (2023)United States$1.31B

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

In 2023, the countries that had a largest trade value in exports than in imports of Navigation Equipment were China ($1.54B), Hungary ($1.22B), Chinese Taipei ($822M), Malaysia ($542M), and Mexico ($519M).

In 2023, the countries that had a largest trade value in imports than in exports of Navigation Equipment were United States ($1.31B), Japan ($1.04B), Germany ($379M), Brazil ($356M), and Slovakia ($315M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Navigation Equipment, disaggragated by their HS6 level were Radio navigational aid apparatus ($11.4B), Radar apparatus ($7.49B), and Radio remote control apparatus ($4.51B)

HS6 Disaggregation for Navigation Equipment (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Navigation Equipment by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $65.4M
TOP IMPORT POTENTIALVietnam+ $52.4M

Navigation Equipment’s highest export potential is United States. With an export gap of $65.4M.  Navigation Equipment’s highest import potential is Vietnam with an import gap of $52.4M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Navigation Equipment.

Country by Relatedness

The following visualization shows the relatedness of Navigation Equipment to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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