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903300 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.15BRnk 1123 / 4648
2022
Top Exporter | Top Importer $435M | $380MUnited States | United States
2022
Product Complexity 0.98Rnk 801 / 4653
2021 - 2022
Export Growth (CAGR) 2.13%Rnk 2651 / 4648
2022
Share of World Trade 0.013%Rnk 1123 / 4648

About

Overview This page contains the latest trade data of Parts/accessories nes for optical/electric instrument. In 2022, Parts/accessories nes for optical/electric instrument were the world's 1123rd most traded product, with a total trade of $3.15B. Between 2021 and 2022 the exports of Parts/accessories nes for optical/electric instrument grew by 2.13%, from $3.08B to $3.15B. Trade in Parts/accessories nes for optical/electric instrument represent 0.013% of total world trade.

Parts/accessories nes for optical/electric instrument are a part of Opto-Electric Instrument Parts.

Exports In 2022 the top exporters of Parts/accessories nes for optical/electric instrument  were United States ($435M), Germany ($420M), China ($354M), Netherlands ($151M), and Italy ($124M).

Imports In 2022 the top importers of Parts/accessories nes for optical/electric instrument were United States ($380M), Germany ($308M), Hong Kong ($170M), China ($159M), and Japan ($113M).

Ranking Parts/accessories nes for optical/electric instrument ranks 801st in the Product Complexity Index (PCI).

Description Optical and electric instruments use lenses, prisms, mirrors, and a variety of other pieces to complete the device. For example, a telescope would need lenses to help it see, and a microscope would need a lens and a prism to see microscopic things.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts/accessories nes for optical/electric instrument. 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)United States$435M
Top Destination (2022)United States$380M

In 2022 Parts/accessories nes for optical/electric instrument were the world's 1123rd most traded product (out of 4,648).

In 2022, the top exporters of Parts/accessories nes for optical/electric instrument were United States ($435M), Germany ($420M), China ($354M), Netherlands ($151M), and Italy ($124M).

In 2022, the top importers of Parts/accessories nes for optical/electric instrument were United States ($380M), Germany ($308M), Hong Kong ($170M), China ($159M), and Japan ($113M).

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Exporters of Parts/accessories nes for optical/electric instrument (2022)
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Importers of Parts/accessories nes for optical/electric instrument (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$129M
Top Destination Growth (2021 -  2022)Kuwait$68.5M

Between 2021 and 2022, the exports of Parts/accessories nes for optical/electric instrument grew the fastest in United States ($129M), Vietnam ($72.9M), Netherlands ($41.3M), India ($17.7M), and Canada ($17.3M).

Between 2021 and 2022, the fastest growing importers of Parts/accessories nes for optical/electric instrument were Kuwait ($68.5M), Germany ($43.8M), Mexico ($24.6M), India ($22.6M), and Belgium ($15.7M).

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Exporters of Parts/accessories nes for optical/electric instrument (2021 - 2022)

Importers of Parts/accessories nes for optical/electric instrument (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts/accessories nes for optical/electric instrument.

In 2022, market concentration measured using Shannon Entropy, was 4.71. This means that most of the exports of Parts/accessories nes for optical/electric instrument are explained by 26 countries.

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Value of Exports in Parts/accessories nes for optical/electric instrument

Net Trade

TOP NET EXPORTER (2022)China$195M
TOP NET IMPORTER (2022)Hong Kong$147M

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

In 2022, the countries that had a largest trade value in exports than in imports of Parts/accessories nes for optical/electric instrument were China ($195M), Germany ($112M), Vietnam ($80.4M), Netherlands ($60.6M), and Thailand ($58.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts/accessories nes for optical/electric instrument were Hong Kong ($147M), Kuwait ($71.2M), Greece ($48.4M), South Korea ($32.1M), and France ($27.2M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Parts/accessories nes for optical/electric instrument 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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