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902730 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.42BRnk 825 / 4644
2023
Top Exporter | Top Importer $934M | $712MUnited States | China
2023
Product Complexity 1.46Rnk 205 / 4656
2022 - 2023
Export Growth (CAGR) 5.93%Rnk 957 / 4644
2023
Share of World Trade 0.02%Rnk 825 / 4644

About

Overview This page contains the latest trade data of Spectrometers, spectrophotometers, etc using light. In 2023, Spectrometers, spectrophotometers, etc using light were the world's 825th most traded product, with a total trade of $4.42B. Between 2022 and 2023 the exports of Spectrometers, spectrophotometers, etc using light grew by 5.93%, from $4.17B to $4.42B. Trade in Spectrometers, spectrophotometers, etc using light represent 0.02% of total world trade.

Spectrometers, spectrophotometers, etc using light are a part of Chemical Analysis Instruments.

Exports In 2023 the top exporters of Spectrometers, spectrophotometers, etc using light  were United States ($934M), Germany ($798M), United Kingdom ($341M), Malaysia ($331M), and China ($241M).

Imports In 2023 the top importers of Spectrometers, spectrophotometers, etc using light were China ($712M), United States ($665M), Singapore ($266M), Germany ($264M), and Japan ($181M).

Ranking Spectrometers, spectrophotometers, etc using light ranks 205th in the Product Complexity Index (PCI).

Description A spectrometer is an instrument that is used to measure the intensity of a particular wavelength in light. Spectrophotometers are used to measure the spectral intensity of light.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Spectrometers, spectrophotometers, etc using light. 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$934M
Top Destination (2023)China$712M

In 2023 Spectrometers, spectrophotometers, etc using light were the world's 825th most traded product (out of 4,644).

In 2023, the top exporters of Spectrometers, spectrophotometers, etc using light were United States ($934M), Germany ($798M), United Kingdom ($341M), Malaysia ($331M), and China ($241M).

In 2023, the top importers of Spectrometers, spectrophotometers, etc using light were China ($712M), United States ($665M), Singapore ($266M), Germany ($264M), and Japan ($181M).

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Exporters of Spectrometers, spectrophotometers, etc using light (2023)
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Importers of Spectrometers, spectrophotometers, etc using light (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$59.9M
Top Destination Growth (2022 -  2023)China$57.2M

Between 2022 and 2023, the exports of Spectrometers, spectrophotometers, etc using light grew the fastest in United Kingdom ($59.9M), Denmark ($51M), Malaysia ($44.5M), France ($40M), and Mexico ($26.2M).

Between 2022 and 2023, the fastest growing importers of Spectrometers, spectrophotometers, etc using light were China ($57.2M), United States ($45.3M), Poland ($26.1M), Mexico ($23.5M), and Japan ($23M).

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Exporters of Spectrometers, spectrophotometers, etc using light (2022 - 2023)

Importers of Spectrometers, spectrophotometers, etc using light (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spectrometers, spectrophotometers, etc using light.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Spectrometers, spectrophotometers, etc using light are explained by 16 countries.

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Value of Exports in Spectrometers, spectrophotometers, etc using light

Net Trade

TOP NET EXPORTER (2023)Germany$534M
TOP NET IMPORTER (2023)China$471M

This map shows which countries export or import more of Spectrometers, spectrophotometers, etc using light. Each country is colored based on the difference in exports and imports of Spectrometers, spectrophotometers, etc using light during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Spectrometers, spectrophotometers, etc using light were Germany ($534M), Malaysia ($281M), United States ($269M), United Kingdom ($208M), and Denmark ($111M).

In 2023, the countries that had a largest trade value in imports than in exports of Spectrometers, spectrophotometers, etc using light were China ($471M), South Korea ($151M), India ($145M), Hong Kong ($106M), and Italy ($81.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Spectrometers, spectrophotometers, etc using light.
It is possible to select the main countries that export or import Spectrometers, spectrophotometers, etc using light in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Spectrometers, spectrophotometers, etc using light 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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