Analysis and Studies - Products analysis
Cameras: import and export
August 25th 2022
Whenever you are on vacation or for your everyday moments, cameras are a great companion. A camera is equipped with a lens, an optical instrument through which light passes, consisting of a series of lenses, or lenses and mirrors, which allow a certain degree of magnification of the original image. One of the most remarkable aspects of photography's history is that cameras existed before photography was established. For decades, painters utilized a portable camera obscura to help them properly depict scenery. The first commercially produced camera was invented by Louis Daguerre in 1939, the camera obscura.
In the late 19th century, cameras became more popular, but it wasn't until the late 1960s that they became more affordable for the general public. Thanks to improvements in technology, such as 35mm film cameras and Polaroids, normal lads were able to buy a camera. In 1975, the first digital cameras were manufactured.
Photography is the world's fastest-growing hobby, with the hardware alone generating a multibillion-dollar industry with a value of $2.34 billion in 2020.
CAMERAS: IMPORT AND EXPORT
The camera industry (excluding cinematography) represents 0.014% of the world's total trade, the 671st most traded product. The top exporters of cameras in 2020 were China ($537 million), the Philippines ($271 million), Malaysia ($175 million), Thailand ($172 million), and the United States ($142 million). The United States ($306 million), China ($283 million), Vietnam ($273 million), Germany ($162 million), and Hong Kong ($153 million) were the top importers.
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