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Machines and appliances, instruments or apparatus of chapter 90; parts and accessories n.e.c. in chapter 90

9033 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.3BRnk 647 / 1217
2023
Top Exporter | Top Importer $485M | $276MUnited States | United States
2023
Product Complexity 1.18Rnk 118 / 1044
2022 - 2023
Export Growth (CAGR) 3.96%Rnk 283 / 1217
2023
Share of World Trade 0.015%Rnk 647 / 1217

About

Overview This page contains the latest trade data of Opto-Electric Instrument Parts. In 2023, Opto-Electric Instrument Parts were the world's 647th most traded product, with a total trade of $3.3B. Between 2022 and 2023 the exports of Opto-Electric Instrument Parts grew by 3.96%, from $3.17B to $3.3B. Trade in Opto-Electric Instrument Parts represent 0.015% of total world trade.

Opto-Electric Instrument Parts are a part of Optical, photo, & film equipment; medical instruments. They include Parts/accessories nes for optical/electric instrument.

Exports In 2023 the top exporters of Opto-Electric Instrument Parts  were United States ($485M), Germany ($481M), China ($397M), Japan ($147M), and Italy ($137M).

Imports In 2023 the top importers of Opto-Electric Instrument Parts were United States ($276M), Germany ($240M), Hong Kong ($177M), Japan ($162M), and India ($142M).

Ranking Opto-Electric Instrument Parts ranks 118th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Opto-Electric Instrument Parts. 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)United States$485M
Top Destination (2023)United States$276M

In 2023 Opto-Electric Instrument Parts were the world's 647th most traded product (out of 1,217).

In 2023, the top exporters of Opto-Electric Instrument Parts were United States ($485M), Germany ($481M), China ($397M), Japan ($147M), and Italy ($137M).

In 2023, the top importers of Opto-Electric Instrument Parts were United States ($276M), Germany ($240M), Hong Kong ($177M), Japan ($162M), and India ($142M).

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Exporters of Opto-Electric Instrument Parts (2023)
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Importers of Opto-Electric Instrument Parts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$92.1M
Top Destination Growth (2022 -  2023)Japan$80.7M

Between 2022 and 2023, the exports of Opto-Electric Instrument Parts grew the fastest in United States ($92.1M), Germany ($59.6M), Singapore ($44M), Hong Kong ($26.3M), and Italy ($21.6M).

Between 2022 and 2023, the fastest growing importers of Opto-Electric Instrument Parts were Japan ($80.7M), Kuwait ($43.4M), Romania ($27.3M), Saudi Arabia ($18.2M), and Mexico ($17.1M).

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Exporters of Opto-Electric Instrument Parts (2022 - 2023)

Importers of Opto-Electric Instrument Parts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Opto-Electric Instrument Parts.

In 2023, market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Opto-Electric Instrument Parts are explained by 25 countries.

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Value of Exports in Opto-Electric Instrument Parts

Net Trade

TOP NET EXPORTER (2023)China$277M
TOP NET IMPORTER (2023)Hong Kong$130M

This map shows which countries export or import more of Opto-Electric Instrument Parts. Each country is colored based on the difference in exports and imports of Opto-Electric Instrument Parts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Opto-Electric Instrument Parts were China ($277M), Germany ($241M), United States ($209M), Italy ($57.8M), and Vietnam ($42.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Opto-Electric Instrument Parts were Hong Kong ($130M), India ($93.8M), Kuwait ($56.4M), Romania ($54.8M), and Indonesia ($39.9M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Opto-Electric Instrument Parts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $7.65M
TOP IMPORT POTENTIALNetherlands+ $6.9M

Opto-Electric Instrument Parts’s highest export potential is France. With an export gap of $7.65M.  Opto-Electric Instrument Parts’s highest import potential is Netherlands with an import gap of $6.9M.

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 Opto-Electric Instrument Parts.

Country by Relatedness

The following visualization shows the relatedness of Opto-Electric Instrument Parts 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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