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Pricing

Video recording or reproducing apparatus

8521 (Harmonized System 1992 for 4-digit)

2023
World Trade $46.8BRnk 92 / 1217
2023
Top Exporter | Top Importer $16.5B | $10.2BChina | United States
2023
Product Complexity 0.86Rnk 228 / 1044
2022 - 2023
Export Growth (CAGR) 7.63%Rnk 197 / 1217
2023
Share of World Trade 0.21%Rnk 92 / 1217

About

Overview This page contains the latest trade data of Video Recording Equipment. In 2023, Video Recording Equipment were the world's 92nd most traded product, with a total trade of $46.8B. Between 2022 and 2023 the exports of Video Recording Equipment grew by 7.63%, from $43.4B to $46.8B. Trade in Video Recording Equipment represent 0.21% of total world trade.

Video Recording Equipment are a part of Electrical machinery and electronics. They include Magnetic Tape Video Recording/Reproducing Apparatus and Video record/reproduction apparatus not magnetic tape.

Exports In 2023 the top exporters of Video Recording Equipment  were China ($16.5B), Thailand ($3.72B), Vietnam ($3.13B), Japan ($3.08B), and Germany ($3B).

Imports In 2023 the top importers of Video Recording Equipment were United States ($10.2B), Germany ($3.33B), Japan ($3.07B), Hong Kong ($2.8B), and China ($2.23B).

Ranking Video Recording Equipment ranks 228th in the Product Complexity Index (PCI).

Description Video recording or reproducing apparatus are used to record and play back video. They can be made from a variety of materials, including plastic, metal, and glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Video Recording Equipment. 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 (2023)China$16.5B
Top Destination (2023)United States$10.2B

In 2023 Video Recording Equipment were the world's 92nd most traded product (out of 1,217).

In 2023, the top exporters of Video Recording Equipment were China ($16.5B), Thailand ($3.72B), Vietnam ($3.13B), Japan ($3.08B), and Germany ($3B).

In 2023, the top importers of Video Recording Equipment were United States ($10.2B), Germany ($3.33B), Japan ($3.07B), Hong Kong ($2.8B), and China ($2.23B).

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Exporters of Video Recording Equipment (2023)
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Importers of Video Recording Equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$1.1B
Top Destination Growth (2022 -  2023)Hong Kong$1.33B

Between 2022 and 2023, the exports of Video Recording Equipment grew the fastest in China ($1.1B), United States ($836M), Thailand ($683M), Germany ($479M), and Malaysia ($345M).

Between 2022 and 2023, the fastest growing importers of Video Recording Equipment were Hong Kong ($1.33B), Germany ($574M), Ukraine ($562M), Mexico ($475M), and India ($437M).

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Exporters of Video Recording Equipment (2022 - 2023)

Importers of Video Recording Equipment (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Video Recording Equipment.

In 2023, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Video Recording Equipment are explained by 14 countries.

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Value of Exports in Video Recording Equipment

Net Trade

TOP NET EXPORTER (2023)China$14.2B
TOP NET IMPORTER (2023)United States$7.7B

This map shows which countries export or import more of Video Recording Equipment. Each country is colored based on the difference in exports and imports of Video Recording Equipment during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Video Recording Equipment were China ($14.2B), Thailand ($3.2B), Vietnam ($2.67B), Chinese Taipei ($1.51B), and Malaysia ($714M).

In 2023, the countries that had a largest trade value in imports than in exports of Video Recording Equipment were United States ($7.7B), Hong Kong ($2.39B), India ($1.65B), United Kingdom ($1.01B), and Canada ($892M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Video Recording Equipment, disaggragated by their HS6 level were Magnetic Tape Video Recording/Reproducing Apparatus ($43.3B) and Video record/reproduction apparatus not magnetic tape ($3.42B)

HS6 Disaggregation for Video Recording Equipment (2023)
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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 Video Recording Equipment.
It is possible to select the main countries that export or import Video Recording Equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Video Recording Equipment by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $26.9M
TOP IMPORT POTENTIALVietnam+ $1.88M

Video Recording Equipment’s highest export potential is United States. With an export gap of $26.9M.  Video Recording Equipment’s highest import potential is Vietnam with an import gap of $1.88M.

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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Video Recording Equipment.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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