ophthalmicinstruments-imports-exports-worldwide

Ophthalmic instruments and appliances (HS: 901850) Product Trade, Exporters and Importers | OEC - The Observatory of Economic Complexity

HS Icon Ophthalmic instruments and appliances

901850 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Ophthalmic instruments and appliances. In 2019, Ophthalmic instruments and appliances were the world's 678th most traded product, with a total trade of $4.59B. Between 2018 and 2019 the exports of Ophthalmic instruments and appliances grew by 3.93%, from $4.42B to $4.59B. Trade in Ophthalmic instruments and appliances represent 0.025% of total world trade.

Exports In 2019 the top exporters of Ophthalmic instruments and appliances  were United States ($1.18B), Germany ($846M), Japan ($339M), Netherlands ($310M), and Switzerland ($291M).

Imports In 2019 the top importers of Ophthalmic instruments and appliances were China ($627M), United States ($573M), Germany ($265M), Japan ($258M), and France ($246M).

Tariffs In 2018 the average tariff for Ophthalmic instruments and appliances was 3.2%, making it the 5598th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Ophthalmic instruments and appliances are Bermuda (25%), Panama (15%), Aruba (12%), Jamaica (10%), and Cuba (9.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Ranking Ophthalmic instruments and appliances ranks 285th in the Product Complexity Index (PCI).

Description An ophthalmic instrument is a device used in eye examinations. There are many instruments to examine different parts of the eye, such as the lens and retina, and for different parts of the body, such as the ear. Most ophthalmic instruments are hand-held, and require a light source to view the retina.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $1.18B

Top Destination (2019): China, $627M

Ophthalmic instruments and appliances are the world's 678th most traded product.

In 2019, the top exporters of Ophthalmic instruments and appliances were United States ($1.18B), Germany ($846M), Japan ($339M), Netherlands ($310M), and Switzerland ($291M).

In 2019, the top importers of Ophthalmic instruments and appliances were China ($627M), United States ($573M), Germany ($265M), Japan ($258M), and France ($246M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Germany, $66.6M

Top Destination Growth (2018 - 2019): China, $111M

Between 2018 and 2019, the exports of Ophthalmic instruments and appliances grew the fastest in Germany ($66.6M), Singapore ($58.1M), Hong Kong ($38.9M), Mexico ($29.3M), and United States ($23.3M).

Between 2018 and 2019, the fastest growing importers of Ophthalmic instruments and appliances were China ($111M), United States ($40.8M), South Korea ($21.3M), Canada ($12.8M), and Malaysia ($9.76M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Ophthalmic instruments and appliances.

In 2019,  market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Ophthalmic instruments and appliances are explained by 13 countries.

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TOP NET EXPORTER (2019): United States, $612M

TOP NET IMPORTER (2019): China, $509M

This map shows which countries export or import more of Ophthalmic instruments and appliances. Each country is colored based on the difference in exports and imports of Ophthalmic instruments and appliances during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Ophthalmic instruments and appliances were United States ($612M), Germany ($582M), Switzerland ($230M), Singapore ($140M), and Netherlands ($90.2M).

In 2019, the countries that had a largest trade value in imports than in exports of Ophthalmic instruments and appliances were China ($509M), India ($111M), Russia ($103M), Canada ($87.8M), and Spain ($80.6M).

Import Tariffs

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In 2018, the average tariff for importing Ophthalmic instruments and appliances was 3.2%. The countries with the highest tariffs for importing Ophthalmic instruments and appliances were Bermuda (25%), Panama (15%), Aruba (12%), Jamaica (10%), and Cuba (9.7%).

Product Complexity

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Diversification Frontier

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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.