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Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

90 (Harmonized System 1992 for 2-digit)

2023
World Trade $655BRnk 8 / 96
2023
Top Exporter | Top Importer $106B | $117BUnited States | United States
2023
Product Complexity 1.69Rnk 4 / 96
2022 - 2023
Export Growth (CAGR) -1.79%Rnk 28 / 96
2023
Share of World Trade 2.9%Rnk 8 / 96

About

Overview This page contains the latest trade data of Optical, photo, & film equipment; medical instruments. In 2023, Optical, photo, & film equipment; medical instruments were the world's 8th most traded product, with a total trade of $655B. Between 2022 and 2023 the exports of Optical, photo, & film equipment; medical instruments decreased by -1.79%, from $667B to $655B. Trade in Optical, photo, & film equipment; medical instruments represent 2.9% of total world trade.

Optical, photo, & film equipment; medical instruments are a part of Instruments. They include Medical Instruments, LCDs, Orthopedic Appliances, Other Measuring Instruments, Chemical Analysis Instruments, Thermostats, Oscilloscopes, Optical Fibers and optical fibre bundles, X-Ray Equipment, and Photo Lab Equipment, among others.

Exports In 2023 the top exporters of Optical, photo, & film equipment; medical instruments  were United States ($106B), China ($78.5B), Germany ($77.8B), Japan ($40.7B), and Mexico ($33.7B).

Imports In 2023 the top importers of Optical, photo, & film equipment; medical instruments were United States ($117B), China ($64.3B), Germany ($47.3B), Netherlands ($37.9B), and Japan ($25.1B).

Ranking Optical, photo, & film equipment; medical instruments ranks 4th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Optical, photo, & film equipment; medical instruments. 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)United States$106B
Top Destination (2023)United States$117B

In 2023 Optical, photo, & film equipment; medical instruments were the world's 8th most traded product (out of 96).

In 2023, the top exporters of Optical, photo, & film equipment; medical instruments were United States ($106B), China ($78.5B), Germany ($77.8B), Japan ($40.7B), and Mexico ($33.7B).

In 2023, the top importers of Optical, photo, & film equipment; medical instruments were United States ($117B), China ($64.3B), Germany ($47.3B), Netherlands ($37.9B), and Japan ($25.1B).

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Exporters of Optical, photo, & film equipment; medical instruments (2023)
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Importers of Optical, photo, & film equipment; medical instruments (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$4.01B
Top Destination Growth (2022 -  2023)United States$3.62B

Between 2022 and 2023, the exports of Optical, photo, & film equipment; medical instruments grew the fastest in United States ($4.01B), Mexico ($3B), Germany ($2.86B), Ireland ($1.65B), and Costa Rica ($1.6B).

Between 2022 and 2023, the fastest growing importers of Optical, photo, & film equipment; medical instruments were United States ($3.62B), Netherlands ($3.49B), Italy ($2.01B), Germany ($1.54B), and United Kingdom ($1.3B).

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Exporters of Optical, photo, & film equipment; medical instruments (2022 - 2023)

Importers of Optical, photo, & film equipment; medical instruments (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Optical, photo, & film equipment; medical instruments.

In 2023, market concentration measured using Shannon Entropy, was 4.58. This means that most of the exports of Optical, photo, & film equipment; medical instruments are explained by 23 countries.

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Value of Exports in Optical, photo, & film equipment; medical instruments

Net Trade

TOP NET EXPORTER (2023)Germany$30.6B
TOP NET IMPORTER (2023)Netherlands$11B

This map shows which countries export or import more of Optical, photo, & film equipment; medical instruments. Each country is colored based on the difference in exports and imports of Optical, photo, & film equipment; medical instruments during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Optical, photo, & film equipment; medical instruments were Germany ($30.6B), Mexico ($17.8B), Japan ($15.5B), Ireland ($14.8B), and China ($14.2B).

In 2023, the countries that had a largest trade value in imports than in exports of Optical, photo, & film equipment; medical instruments were Netherlands ($11B), United States ($10.5B), Hong Kong ($8.99B), Spain ($7.81B), and India ($7.77B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Optical, photo, & film equipment; medical..., disaggragated by their HS6 level were Medical Instruments ($167B), Orthopedic Appliances ($76.9B), Other Measuring Instruments ($56.2B), Chemical Analysis Instruments ($55.6B), and Thermostats ($36.1B)

HS6 Disaggregation for Optical, photo, & film equipment; medical instruments (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 Optical, photo, & film equipment; medical instruments.
It is possible to select the main countries that export or import Optical, photo, & film equipment; medical instruments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Optical, photo, & film equipment; medical instruments by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.59B
TOP IMPORT POTENTIALChina+ $503M

Optical, photo, & film equipment; medical instruments’s highest export potential is United States. With an export gap of $1.59B.  Optical, photo, & film equipment; medical instruments’s highest import potential is China with an import gap of $503M.

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)

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