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701400 (Harmonized System 1992 for 6-digit)

2023
World Trade $565MRnk 2727 / 4644
2023
Top Exporter | Top Importer $140M | $160MUnited States | Germany
2023
Product Complexity 1.29Rnk 343 / 4656
2022 - 2023
Export Growth (CAGR) -2%Rnk 1760 / 4644
2023
Share of World Trade 0.0025%Rnk 2727 / 4644

About

Overview This page contains the latest trade data of Signalling glassware, unworked optical elements. In 2023, Signalling glassware, unworked optical elements were the world's 2727th most traded product, with a total trade of $565M. Between 2022 and 2023 the exports of Signalling glassware, unworked optical elements decreased by -2%, from $576M to $565M. Trade in Signalling glassware, unworked optical elements represent 0.0025% of total world trade.

Signalling glassware, unworked optical elements are a part of Signaling Glassware.

Exports In 2023 the top exporters of Signalling glassware, unworked optical elements  were United States ($140M), China ($110M), Japan ($81.4M), Germany ($68.5M), and Malaysia ($41.9M).

Imports In 2023 the top importers of Signalling glassware, unworked optical elements were Germany ($160M), China ($76.8M), Japan ($72.3M), United States ($36.4M), and Chinese Taipei ($29.1M).

Ranking Signalling glassware, unworked optical elements ranks 343rd in the Product Complexity Index (PCI).

Description Signalling glassware is used in chemical reactions and in the synthesis of organic compounds. As its name implies, it is used to signal changes in the progress of the reaction.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Signalling glassware, unworked optical elements. 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$140M
Top Destination (2023)Germany$160M

In 2023 Signalling glassware, unworked optical elements were the world's 2727th most traded product (out of 4,644).

In 2023, the top exporters of Signalling glassware, unworked optical elements were United States ($140M), China ($110M), Japan ($81.4M), Germany ($68.5M), and Malaysia ($41.9M).

In 2023, the top importers of Signalling glassware, unworked optical elements were Germany ($160M), China ($76.8M), Japan ($72.3M), United States ($36.4M), and Chinese Taipei ($29.1M).

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Exporters of Signalling glassware, unworked optical elements (2023)
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Importers of Signalling glassware, unworked optical elements (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$37.5M
Top Destination Growth (2022 -  2023)Germany$48.1M

Between 2022 and 2023, the exports of Signalling glassware, unworked optical elements grew the fastest in United States ($37.5M), Japan ($10.1M), Germany ($9.27M), Switzerland ($6.08M), and Indonesia ($3.24M).

Between 2022 and 2023, the fastest growing importers of Signalling glassware, unworked optical elements were Germany ($48.1M), Thailand ($3.69M), Canada ($2.96M), Singapore ($2.37M), and Switzerland ($2.08M).

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Exporters of Signalling glassware, unworked optical elements (2022 - 2023)

Importers of Signalling glassware, unworked optical elements (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Signalling glassware, unworked optical elements.

In 2023, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Signalling glassware, unworked optical elements are explained by 10 countries.

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Value of Exports in Signalling glassware, unworked optical elements

Net Trade

TOP NET EXPORTER (2023)United States$103M
TOP NET IMPORTER (2023)Germany$91.3M

This map shows which countries export or import more of Signalling glassware, unworked optical elements. Each country is colored based on the difference in exports and imports of Signalling glassware, unworked optical elements during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Signalling glassware, unworked optical elements were United States ($103M), Malaysia ($39.7M), China ($32.8M), Thailand ($17.7M), and Japan ($9.04M).

In 2023, the countries that had a largest trade value in imports than in exports of Signalling glassware, unworked optical elements were Germany ($91.3M), Chinese Taipei ($14.1M), South Korea ($10.6M), Vietnam ($10.1M), and Singapore ($9.66M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Signalling glassware, unworked optical elements.
It is possible to select the main countries that export or import Signalling glassware, unworked optical elements in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Signalling glassware, unworked optical elements 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 (2023)

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