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901490 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.58BRnk 1713 / 4648
2022
Top Exporter | Top Importer $387M | $296MUnited States | United States
2022
Product Complexity 0.81Rnk 1096 / 4653
2021 - 2022
Export Growth (CAGR) -7.29%Rnk 3772 / 4648
2022
Share of World Trade 0.0067%Rnk 1713 / 4648

About

Overview This page contains the latest trade data of Parts and accessories for navigational instruments. In 2022, Parts and accessories for navigational instruments were the world's 1713th most traded product, with a total trade of $1.58B. Between 2021 and 2022 the exports of Parts and accessories for navigational instruments decreased by -7.29%, from $1.71B to $1.58B. Trade in Parts and accessories for navigational instruments represent 0.0067% of total world trade.

Parts and accessories for navigational instruments are a part of Compasses.

Exports In 2022 the top exporters of Parts and accessories for navigational instruments  were United States ($387M), United Kingdom ($202M), France ($144M), Japan ($115M), and Germany ($88.1M).

Imports In 2022 the top importers of Parts and accessories for navigational instruments were United States ($296M), United Kingdom ($134M), Germany ($122M), France ($120M), and Japan ($82.7M).

Ranking Parts and accessories for navigational instruments ranks 1096th in the Product Complexity Index (PCI).

Description Parts and accessories for navigational instruments can be anything from a new strap for a compass to a new bezel for a watch

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Parts and accessories for navigational 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.

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)United States$387M
Top Destination (2022)United States$296M

In 2022 Parts and accessories for navigational instruments were the world's 1713th most traded product (out of 4,648).

In 2022, the top exporters of Parts and accessories for navigational instruments were United States ($387M), United Kingdom ($202M), France ($144M), Japan ($115M), and Germany ($88.1M).

In 2022, the top importers of Parts and accessories for navigational instruments were United States ($296M), United Kingdom ($134M), Germany ($122M), France ($120M), and Japan ($82.7M).

Explore Visualizations

Exporters of Parts and accessories for navigational instruments (2022)
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Importers of Parts and accessories for navigational instruments (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$25.7M
Top Destination Growth (2021 -  2022)United Kingdom$36.1M

Between 2021 and 2022, the exports of Parts and accessories for navigational instruments grew the fastest in United States ($25.7M), Netherlands ($20.1M), Canada ($14.6M), Malaysia ($12.3M), and Italy ($11.8M).

Between 2021 and 2022, the fastest growing importers of Parts and accessories for navigational instruments were United Kingdom ($36.1M), Netherlands ($14.8M), United States ($9.94M), Morocco ($8.18M), and France ($6.32M).

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Exporters of Parts and accessories for navigational instruments (2021 - 2022)

Importers of Parts and accessories for navigational instruments (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts and accessories for navigational instruments.

In 2022, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Parts and accessories for navigational instruments are explained by 17 countries.

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Value of Exports in Parts and accessories for navigational instruments

Net Trade

TOP NET EXPORTER (2022)United States$90.9M
TOP NET IMPORTER (2022)Saudi Arabia$49.3M

This map shows which countries export or import more of Parts and accessories for navigational instruments. Each country is colored based on the difference in exports and imports of Parts and accessories for navigational instruments during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts and accessories for navigational instruments were United States ($90.9M), United Kingdom ($68.1M), Japan ($32.6M), Norway ($27.9M), and Czechia ($27.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts and accessories for navigational instruments were Saudi Arabia ($49.3M), China ($42.5M), Germany ($33.8M), Singapore ($23.5M), and South Korea ($22.8M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts and accessories for navigational instruments.
It is possible to select the main countries that export or import Parts and accessories for navigational instruments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts and accessories for navigational instruments 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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