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Video recording/reproducing apparatus, magnetic tape

852110 (Harmonized System 1992 for 6-digit)

2023
World Trade $43.3BRnk 67 / 4644
2023
Top Exporter | Top Importer $14.5B | $9.52BChina | United States
2023
Product Complexity 0.51Rnk 1652 / 4656
2022 - 2023
Export Growth (CAGR) 8.79%Rnk 759 / 4644
2023
Share of World Trade 0.19%Rnk 67 / 4644

About

Overview This page contains the latest trade data of Video recording/reproducing apparatus, magnetic tape. In 2023, Video recording/reproducing apparatus, magnetic tape were the world's 67th most traded product, with a total trade of $43.3B. Between 2022 and 2023 the exports of Video recording/reproducing apparatus, magnetic tape grew by 8.79%, from $39.8B to $43.3B. Trade in Video recording/reproducing apparatus, magnetic tape represent 0.19% of total world trade.

Video recording/reproducing apparatus, magnetic tape are a part of Video Recording Equipment.

Exports In 2023 the top exporters of Video recording/reproducing apparatus, magnetic tape  were China ($14.5B), Thailand ($3.67B), Japan ($3.07B), Vietnam ($3.04B), and Germany ($2.9B).

Imports In 2023 the top importers of Video recording/reproducing apparatus, magnetic tape were United States ($9.52B), Germany ($3.2B), Hong Kong ($2.74B), Japan ($2.68B), and China ($2.21B).

Ranking Video recording/reproducing apparatus, magnetic tape ranks 1652nd in the Product Complexity Index (PCI).

Description Recording video is done by using a video camera. The camera shoots frames of video, which are captured by the camera's sensor and then stored on a magnetic tape. The video is reproduced by a video playback machine that reads the magnetic tape and projects the video onto a screen. Video recording/reproducing apparatus, magnetic tape can be used for a variety of purposes, including recording lectures, interviews, concerts, sporting events, and other forms of video entertainment.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Video recording/reproducing apparatus, magnetic tape. 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)China$14.5B
Top Destination (2023)United States$9.52B

In 2023 Video recording/reproducing apparatus, magnetic tape were the world's 67th most traded product (out of 4,644).

In 2023, the top exporters of Video recording/reproducing apparatus, magnetic tape were China ($14.5B), Thailand ($3.67B), Japan ($3.07B), Vietnam ($3.04B), and Germany ($2.9B).

In 2023, the top importers of Video recording/reproducing apparatus, magnetic tape were United States ($9.52B), Germany ($3.2B), Hong Kong ($2.74B), Japan ($2.68B), and China ($2.21B).

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Exporters of Video recording/reproducing apparatus, magnetic tape (2023)
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Importers of Video recording/reproducing apparatus, magnetic tape (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$1.19B
Top Destination Growth (2022 -  2023)Hong Kong$1.35B

Between 2022 and 2023, the exports of Video recording/reproducing apparatus, magnetic tape grew the fastest in China ($1.19B), United States ($840M), Thailand ($688M), Germany ($461M), and Malaysia ($383M).

Between 2022 and 2023, the fastest growing importers of Video recording/reproducing apparatus, magnetic tape were Hong Kong ($1.35B), Germany ($586M), Ukraine ($560M), Mexico ($474M), and India ($443M).

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Exporters of Video recording/reproducing apparatus, magnetic tape (2022 - 2023)

Importers of Video recording/reproducing apparatus, magnetic tape (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Video recording/reproducing apparatus, magnetic tape.

In 2023, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Video recording/reproducing apparatus, magnetic tape are explained by 14 countries.

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Value of Exports in Video recording/reproducing apparatus, magnetic tape

Net Trade

TOP NET EXPORTER (2023)China$12.3B
TOP NET IMPORTER (2023)United States$7.11B

This map shows which countries export or import more of Video recording/reproducing apparatus, magnetic tape. Each country is colored based on the difference in exports and imports of Video recording/reproducing apparatus, magnetic tape during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Video recording/reproducing apparatus, magnetic tape were China ($12.3B), Thailand ($3.18B), Vietnam ($2.62B), Chinese Taipei ($1.43B), and Malaysia ($607M).

In 2023, the countries that had a largest trade value in imports than in exports of Video recording/reproducing apparatus, magnetic tape were United States ($7.11B), Hong Kong ($2.35B), India ($1.56B), United Kingdom ($923M), and Canada ($856M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Video recording/reproducing apparatus, magnetic tape.
It is possible to select the main countries that export or import Video recording/reproducing apparatus, magnetic tape in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Video recording/reproducing apparatus, magnetic tape 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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