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902750 (Harmonized System 1992 for 6-digit)

2022
World Trade $12.2BRnk 316 / 4648
2022
Top Exporter | Top Importer $2.99B | $2.09BUnited States | China
2022
Product Complexity 1.53Rnk 171 / 4653
2021 - 2022
Export Growth (CAGR) 2.95%Rnk 2529 / 4648
2022
Share of World Trade 0.051%Rnk 316 / 4648

About

Overview This page contains the latest trade data of Instruments nes using optical radiations. In 2022, Instruments nes using optical radiations were the world's 316th most traded product, with a total trade of $12.2B. Between 2021 and 2022 the exports of Instruments nes using optical radiations grew by 2.95%, from $11.8B to $12.2B. Trade in Instruments nes using optical radiations represent 0.051% of total world trade.

Instruments nes using optical radiations are a part of Chemical Analysis Instruments.

Exports In 2022 the top exporters of Instruments nes using optical radiations  were United States ($2.99B), Germany ($1.74B), Singapore ($1.38B), Japan ($1.19B), and China ($743M).

Imports In 2022 the top importers of Instruments nes using optical radiations were China ($2.09B), United States ($1.55B), Germany ($1.21B), Netherlands ($698M), and South Korea ($477M).

Ranking Instruments nes using optical radiations ranks 171st in the Product Complexity Index (PCI).

Description Optical radiations are common in the field of medicine. For example, a physician can use an x-ray to detect bone fractures. A physician can also use an ultrasound to detect internal organs and blood flow.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Instruments nes using optical radiations. 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$2.99B
Top Destination (2022)China$2.09B

In 2022 Instruments nes using optical radiations were the world's 316th most traded product (out of 4,648).

In 2022, the top exporters of Instruments nes using optical radiations were United States ($2.99B), Germany ($1.74B), Singapore ($1.38B), Japan ($1.19B), and China ($743M).

In 2022, the top importers of Instruments nes using optical radiations were China ($2.09B), United States ($1.55B), Germany ($1.21B), Netherlands ($698M), and South Korea ($477M).

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Exporters of Instruments nes using optical radiations (2022)
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Importers of Instruments nes using optical radiations (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$313M
Top Destination Growth (2021 -  2022)China$87.6M

Between 2021 and 2022, the exports of Instruments nes using optical radiations grew the fastest in United States ($313M), Israel ($183M), China ($108M), United Kingdom ($73M), and Japan ($51M).

Between 2021 and 2022, the fastest growing importers of Instruments nes using optical radiations were China ($87.6M), Netherlands ($76.7M), United Kingdom ($72.5M), Canada ($67.9M), and Singapore ($67.2M).

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Exporters of Instruments nes using optical radiations (2021 - 2022)

Importers of Instruments nes using optical radiations (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Instruments nes using optical radiations.

In 2022, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Instruments nes using optical radiations are explained by 13 countries.

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Value of Exports in Instruments nes using optical radiations

Net Trade

TOP NET EXPORTER (2022)United States$1.44B
TOP NET IMPORTER (2022)China$1.35B

This map shows which countries export or import more of Instruments nes using optical radiations. Each country is colored based on the difference in exports and imports of Instruments nes using optical radiations during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Instruments nes using optical radiations were United States ($1.44B), Singapore ($1.02B), Japan ($788M), Israel ($575M), and Germany ($529M).

In 2022, the countries that had a largest trade value in imports than in exports of Instruments nes using optical radiations were China ($1.35B), South Korea ($409M), Chinese Taipei ($244M), India ($243M), and Netherlands ($179M).

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 Instruments nes using optical radiations.
It is possible to select the main countries that export or import Instruments nes using optical radiations in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Instruments nes using optical radiations 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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