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903140 (Harmonized System 1992 for 6-digit)

2023
World Trade $17.9BRnk 185 / 4644
2023
Top Exporter | Top Importer $2.86B | $4.92BJapan | China
2023
Product Complexity 1.52Rnk 162 / 4656
2022 - 2023
Export Growth (CAGR) -8.53%Rnk 2542 / 4644
2023
Share of World Trade 0.079%Rnk 185 / 4644

About

Overview This page contains the latest trade data of Optical instruments and appliances, nes. In 2023, Optical instruments and appliances, nes were the world's 185th most traded product, with a total trade of $17.9B. Between 2022 and 2023 the exports of Optical instruments and appliances, nes decreased by -8.53%, from $19.6B to $17.9B. Trade in Optical instruments and appliances, nes represent 0.079% of total world trade.

Optical instruments and appliances, nes are a part of Other Measuring Instruments.

Exports In 2023 the top exporters of Optical instruments and appliances, nes  were Japan ($2.86B), Singapore ($2.51B), United States ($2.43B), Germany ($2.39B), and China ($1.7B).

Imports In 2023 the top importers of Optical instruments and appliances, nes were China ($4.92B), South Korea ($2.19B), United States ($1.98B), Japan ($1.5B), and Germany ($952M).

Ranking Optical instruments and appliances, nes ranks 162nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Optical instruments and appliances, 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 (2023)Japan$2.86B
Top Destination (2023)China$4.92B

In 2023 Optical instruments and appliances, nes were the world's 185th most traded product (out of 4,644).

In 2023, the top exporters of Optical instruments and appliances, nes were Japan ($2.86B), Singapore ($2.51B), United States ($2.43B), Germany ($2.39B), and China ($1.7B).

In 2023, the top importers of Optical instruments and appliances, nes were China ($4.92B), South Korea ($2.19B), United States ($1.98B), Japan ($1.5B), and Germany ($952M).

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Exporters of Optical instruments and appliances, nes (2023)
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Importers of Optical instruments and appliances, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$453M
Top Destination Growth (2022 -  2023)Japan$383M

Between 2022 and 2023, the exports of Optical instruments and appliances, nes grew the fastest in Singapore ($453M), China ($398M), Germany ($124M), Switzerland ($59.5M), and France ($48.2M).

Between 2022 and 2023, the fastest growing importers of Optical instruments and appliances, nes were Japan ($383M), United States ($134M), Russia ($107M), Italy ($78.1M), and Austria ($51.6M).

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Exporters of Optical instruments and appliances, nes (2022 - 2023)

Importers of Optical instruments and appliances, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Optical instruments and appliances, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Optical instruments and appliances, nes are explained by 14 countries.

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Value of Exports in Optical instruments and appliances, nes

Net Trade

TOP NET EXPORTER (2023)Singapore$2.13B
TOP NET IMPORTER (2023)China$3.22B

This map shows which countries export or import more of Optical instruments and appliances, nes. Each country is colored based on the difference in exports and imports of Optical instruments and appliances, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Optical instruments and appliances, nes were Singapore ($2.13B), Germany ($1.43B), Japan ($1.36B), Israel ($1.11B), and United States ($455M).

In 2023, the countries that had a largest trade value in imports than in exports of Optical instruments and appliances, nes were China ($3.22B), South Korea ($1.38B), Chinese Taipei ($357M), Russia ($256M), and Hong Kong ($158M).

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 Optical instruments and appliances, nes.
It is possible to select the main countries that export or import Optical instruments and appliances, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Optical instruments and appliances, 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 (2023)

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