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900219 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.7BRnk 675 / 4648
2022
Top Exporter | Top Importer $2.42B | $1.12BChina | China
2022
Product Complexity 1.34Rnk 318 / 4653
2021 - 2022
Export Growth (CAGR) 4.63%Rnk 2274 / 4648
2022
Share of World Trade 0.024%Rnk 675 / 4648

About

Overview This page contains the latest trade data of Objective lenses, nes. In 2022, Objective lenses, nes were the world's 675th most traded product, with a total trade of $5.7B. Between 2021 and 2022 the exports of Objective lenses, nes grew by 4.63%, from $5.45B to $5.7B. Trade in Objective lenses, nes represent 0.024% of total world trade.

Objective lenses, nes are a part of Mirrors and Lenses.

Exports In 2022 the top exporters of Objective lenses, nes  were China ($2.42B), Chinese Taipei ($1.32B), Germany ($723M), Japan ($460M), and Netherlands ($160M).

Imports In 2022 the top importers of Objective lenses, nes were China ($1.12B), Hong Kong ($1.01B), Vietnam ($906M), Netherlands ($611M), and South Korea ($432M).

Ranking Objective lenses, nes ranks 318th in the Product Complexity Index (PCI).

Description An objective lens is used to focus light into the eye. It can be used to create a magnified image or to reduce the light.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Objective lenses, 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.

Explore Latest Trends

* 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$2.42B
Top Destination (2022)China$1.12B

In 2022 Objective lenses, nes were the world's 675th most traded product (out of 4,648).

In 2022, the top exporters of Objective lenses, nes were China ($2.42B), Chinese Taipei ($1.32B), Germany ($723M), Japan ($460M), and Netherlands ($160M).

In 2022, the top importers of Objective lenses, nes were China ($1.12B), Hong Kong ($1.01B), Vietnam ($906M), Netherlands ($611M), and South Korea ($432M).

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Exporters of Objective lenses, nes (2022)
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Importers of Objective lenses, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$698M
Top Destination Growth (2021 -  2022)Vietnam$243M

Between 2021 and 2022, the exports of Objective lenses, nes grew the fastest in China ($698M), Germany ($94.5M), Japan ($16.8M), United States ($10.4M), and France ($9.36M).

Between 2021 and 2022, the fastest growing importers of Objective lenses, nes were Vietnam ($243M), South Korea ($95.4M), Malaysia ($68.5M), Netherlands ($62.5M), and Singapore ($48.9M).

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Exporters of Objective lenses, nes (2021 - 2022)

Importers of Objective lenses, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Objective lenses, nes.

In 2022, market concentration measured using Shannon Entropy, was 2.61. This means that most of the exports of Objective lenses, nes are explained by 6 countries.

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Value of Exports in Objective lenses, nes

Net Trade

TOP NET EXPORTER (2022)China$1.3B
TOP NET IMPORTER (2022)Hong Kong$947M

This map shows which countries export or import more of Objective lenses, nes. Each country is colored based on the difference in exports and imports of Objective lenses, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Objective lenses, nes were China ($1.3B), Chinese Taipei ($1.09B), Germany ($626M), Japan ($254M), and Bangladesh ($6.41M).

In 2022, the countries that had a largest trade value in imports than in exports of Objective lenses, nes were Hong Kong ($947M), Vietnam ($830M), Netherlands ($451M), South Korea ($387M), and Malaysia ($121M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Objective lenses, 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 (2022)

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