Why is Optical Mirrors export Better?

Introduction The trade data for Optical Mirrors reveals significant insights into its export dynamics. In recent years, Optical Mirrors ranked as the 285th most traded global product, accumulating a staggering trade value of $15 billion. However, it was noted that between recent years, exports saw a slight decline of -0.34%, reaffirming their significance, constituting 0.063% of the total world trade.

If you would like to discover more about our offerings, please check out CLZ.

Optical Mirrors belong to the larger category of Optical, photo, & film equipment, alongside medical instruments. Their applications span from Objective lenses for various devices such as cameras and projectors to prisms and optical filters, showcasing their versatility in numerous technological fields.

Export Insights

Leading Exporters In recent analyses, the foremost exporters of Optical Mirrors comprised nations such as China ($4.27 billion), Japan ($2.24 billion), Chinese Taipei ($2.07 billion), Germany ($1.69 billion), and Thailand ($720 million).

Import Analysis

Leading Importers On the flip side, the top importers of Optical Mirrors encompassed China ($2.31 billion), the United States ($1.65 billion), Hong Kong ($1.57 billion), the Netherlands ($1.44 billion), and Vietnam ($1.19 billion).

Product Complexity

Complexity Ranking The complexity level of the Optical Mirrors is denoted at rank 63 within the Product Complexity Index (PCI), showcasing its advanced manufacturing and technological prerequisites.

Material Composition

Material and Use Optical components including lenses, prisms, and mirrors can be manufactured from assorted materials such as glass, plastic, and metals, contributing to the production of various goods in several industries.

Recent Export Data In 2021, exports of the commodity group "Lenses, prisms, mirrors, and other optical elements made from any material" from the USA were valued at $751 million. The growth measured at 6.99% from prior years indicates a robust rise, contributing an important portion to the USA's overall export composition.

For tailored details regarding Optical Mirrors export, feel free to get in touch with us for expert insights.

Key Export Destinations

When examining export destinations for Optical Mirrors in 2021, major markets included Canada (13.1%), Germany (12%), Japan (10.1%), Singapore (9.75%), and the Netherlands (8.81%), showcasing diversified international demand.

Export Structure

The breakdown of exports from the USA indicated that 37% were attributed to lenses, other optical elements, while 26% was driven by Objective lenses for cameras and projectors.

The import scenario depicts a total of $1.53 billion for optical elements in 2021, marking a decrease of 9.32%, with primary suppliers such as Japan holding a significant share at 39%.

For more insights on the optical industry, it is advisable to explore Achromatic Lenses factory.