Analysis and Studies - Products analysis

Stereoscopic microscopes: import and export

A stereoscopic microscope, also known as a dissecting microscope or stereo zoom microscope, offers a unique capability to view samples in three dimensions. Unlike a compound light microscope that uses a single optical path, this kind of microscope employs separate objective lenses and eyepieces for each eye, leading to two distinct visual perspectives and enabling the observer to perceive depth and spatial relationships within the specimen.

Due to the details provided by the stereoscopic microscope, it’s used in many fields, including surgery, paleontology, biological research, entomology, botany, quality control, pathology, and watchmaking.

In 2022, stereoscopic microscopes were the world's 2456th most traded product, with a total trade of $786M, and between 2021 and 2022 the exports of Stereoscopic microscopes grew by 0.77%, from $780M to $786M. 

In 2022 the country which exported stereoscopic microscopes the most was Germany with a trade of $452M, ahead of Singapore ($149M), China ($70.1M), United States ($24.7M), and United Kingdom ($13.6M). Whereas the most significant importer was the United States with a trade of $153M, followed by China ($114M), Japan ($62.3M), Germany ($42.5M), and India ($29.2M).

Germany emerges as the predominant country, accounting for over half of global exports, reflecting its strong engineering capabilities. Singapore and China also have influence, capitalizing on strategic locations and competitive manufacturing to access major markets.

 

The United States with its expansive economic reach, focuses on both regional trade dynamics and global market presence, whereas the United Kingdom emphasizes its strong European ties while actively pursuing diversification strategies in trade.

  1. Germany (57.6%): 19.2% United States, 17.6% China, 8.19% Japan, 5.34% India, 3.15% Russia, 2.54% South Korea, 2.5% United Kingdom, 2.03% Mexico, 1.91% Italy, 1.58% Brazil, 1.11% Canada
  2. Singapore (19%): 32.5% United States, 11.3% China, 9.77% Germany, 6.21% Japan, 5.62% United Kingdom, 2.2% Russia, 3.97% Italy, 3.45% Switzerland, 2.46% Canada, 1.62% India, 0.74% Mexico
  3. China (8.92%): 16.4% United States, 12.2% Japan, 10.1% Germany, 6.31% China, 3.22% Russia, 3.09% Mexico, 1.91% United Kingdom, 1.77% India, 1.63% Italy, 1.27% Canada
  4. United States (3.15%): 15.8% Canada, 15.4% Mexico, 8.79% Germany, 5.36% United Kingdom, 5.12% Japan, 3.71% Brazil, 3.31% Cost Rica, 3% India, 2.35% Italy, 1.71% Argentina, 1.64% Peru, 1.35% China
  5. United Kingdom (1.73%): 49.4% Germany, 9.18% China, 7.11% Italy, 5.2% France, 4.28% India, 3.42% United States, 1.54% Japan

 We can observe that every country relies heavily on a single market, increasing vulnerability to disruptions. The United States, China, and Japan depend significantly on imports from Germany and Singapore, highlighting their need for high-quality instruments crucial to scientific and industrial progress.

Germany, despite being a major exporter, imports components from Singapore, China, and the United Kingdom to support its manufacturing capabilities. India imports mostly from Germany, underscoring its demand for advanced scientific equipment.

  1. United States (19.5%): 56.4% Germany, 31.8% Singapore, 7.52% China, 1.72% Canada, 0.82% India, 0.3% United Kingdom
  2. China (14.6%): 69.5% Germany, 14.7% Singapore, 3.87% China, 2.37% Japan, 1.34% Spain, 1.09% United Kingdom, 0.62% Belarus
  3. Japan (7.94%): 59.4% Germany, 14.9% Singapore, 13.7% China, 6.89% Malaysia, 2.03% United States, 1.3% India, 0.33% United Kingdom
  4. Germany (5.41%): 34.3% Singapore, 16.7% China, 15.8% United Kingdom, 9.74% Switzerland, 5.11% United States, 4.32% Belarus, 2.42% Kuwait 1.38% India
  5. India (3.72%): 82.5% Germany, 8.26% Singapore, 4.26% China, 2.54% United States, 1.98% United Kingdom

Between 2021 and 2022, the country which saw a fastest growth in exports was Singapore with an increase of $24.3M, followed by United States ($7.95M), Netherlands ($3.95M), Armenia ($3.59M), and Switzerland ($2.17M).

 

  1. Singapore: from $125M to $149M
  2. United States: from $16.8M to $24.7M
  3. Netherlands: from $5.02M to $8.97M
  4. Armenia: from $0 to $3.59M
  5. Switzerland: from $2.97M to $5.14M

Whereas the imports grew the fastest in Indonesia with an increase of $8.5M, ahead of Germany ($4.75M), Brazil ($4.58M), Canada ($4.39M), and India ($3.99M).

 

 

  1. Indonesia: from $3.69 to $12.2M
  2. Germany: from $37.8M to $42.5M
  3. Brazil: from $4.9M to $9.49M
  4. Canada: from $9.46M to $13.8M
  5. India: from $25.2M to $29.2M

Sources: 

https://oec.world/en