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Measuring or checking instruments, appliances and machines, n.e.c. or included in this chapter; profile projectors

9031 (Harmonized System 1992 for 4-digit)

2022
World Trade $56.6BRnk 81 / 1218
2022
Top Exporter | Top Importer $8.71B | $10.8BGermany | China
2022
Product Complexity 1.58Rnk 34 / 1033
2021 - 2022
Export Growth (CAGR) 2.81%Rnk 721 / 1218
2022
Share of World Trade 0.24%Rnk 81 / 1218

About

Overview This page contains the latest trade data of Other Measuring Instruments. In 2022, Other Measuring Instruments were the world's 81st most traded product, with a total trade of $56.6B. Between 2021 and 2022 the exports of Other Measuring Instruments grew by 2.81%, from $55.1B to $56.6B. Trade in Other Measuring Instruments represent 0.24% of total world trade.

Other Measuring Instruments are a part of Optical, photo, & film equipment; medical instruments. They include Measuring or checking equipment, nes, Optical instruments and appliances, nes, Parts and access for measuring, checking equipment ne, Test benches for measuring or checking equipment, Machines for balancing mechanical parts, nes, and Profile projectors, nes.

Exports In 2022 the top exporters of Other Measuring Instruments  were Germany ($8.71B), United States ($7.13B), China ($6.9B), Japan ($5.62B), and South Korea ($4.15B).

Imports In 2022 the top importers of Other Measuring Instruments were China ($10.8B), United States ($6.69B), Germany ($3.73B), South Korea ($3.51B), and Chinese Taipei ($2.97B).

Ranking Other Measuring Instruments ranks 34th in the Product Complexity Index (PCI).

Description Measuring or checking instruments, appliances and machines are used to measure or check things. They can be made from a variety of materials, including wood, plastic, metal, and glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Measuring 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 (2022)Germany$8.71B
Top Destination (2022)China$10.8B

In 2022 Other Measuring Instruments were the world's 81st most traded product (out of 1,218).

In 2022, the top exporters of Other Measuring Instruments were Germany ($8.71B), United States ($7.13B), China ($6.9B), Japan ($5.62B), and South Korea ($4.15B).

In 2022, the top importers of Other Measuring Instruments were China ($10.8B), United States ($6.69B), Germany ($3.73B), South Korea ($3.51B), and Chinese Taipei ($2.97B).

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Exporters of Other Measuring Instruments (2022)
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Importers of Other Measuring Instruments (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$1.38B
Top Destination Growth (2021 -  2022)China$928M

Between 2021 and 2022, the exports of Other Measuring Instruments grew the fastest in United States ($1.38B), South Korea ($1.27B), Japan ($172M), Singapore ($119M), and Canada ($102M).

Between 2021 and 2022, the fastest growing importers of Other Measuring Instruments were China ($928M), Japan ($371M), United States ($328M), Ireland ($263M), and Singapore ($241M).

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Exporters of Other Measuring Instruments (2021 - 2022)

Importers of Other Measuring Instruments (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Measuring Instruments.

In 2022, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Other Measuring Instruments are explained by 19 countries.

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Value of Exports in Other Measuring Instruments

Net Trade

TOP NET EXPORTER (2022)Germany$4.98B
TOP NET IMPORTER (2022)China$3.93B

This map shows which countries export or import more of Other Measuring Instruments. Each country is colored based on the difference in exports and imports of Other Measuring Instruments during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other Measuring Instruments were Germany ($4.98B), Japan ($2.9B), Israel ($1.74B), Singapore ($1.37B), and South Korea ($635M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Measuring Instruments were China ($3.93B), Chinese Taipei ($1.36B), Hong Kong ($1.3B), Vietnam ($1.02B), and Mexico ($879M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Other Measuring Instruments, disaggragated by their HS6 level were Measuring or checking equipment, nes ($25.1B), Optical instruments and appliances, nes ($19.6B), Parts and access for measuring, checking... ($9.92B), Test benches for measuring or checking... ($1.53B), and Machines for balancing mechanical parts, nes ($486M)

HS6 Disaggregation for Other Measuring Instruments (2022)
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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 Other Measuring Instruments.
It is possible to select the main countries that export or import Other Measuring Instruments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Measuring Instruments by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $98.9M
TOP IMPORT POTENTIALChina+ $142M

Other Measuring Instruments’s highest export potential is United States. With an export gap of $98.9M.  Other Measuring Instruments’s highest import potential is China with an import gap of $142M.

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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Measuring Instruments.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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