Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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European Union | Imports and Exports | World | Optical fibre cables | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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854470. Optical fibre cablesEuropean UnionWorldExportsValue (US$)659,238,182.00610,132,581.35670,649,029.21643,144,126.21679,696,935.37860,074,126.71888,035,059.99887,813,175.59829,199,646.741,194,230,395.261,100,959,126.651,211,900,119.07
Value Growth, YoY (%)-4.88-7.449.91-4.105.6826.533.25-0.02-6.6044.02-7.8110.07
ImportsValue (US$)562,429,907.00661,940,756.57762,600,224.21700,624,042.06635,235,918.80827,416,330.091,204,063,391.291,223,071,412.841,055,291,349.921,179,066,497.601,057,400,155.49961,654,111.42
Value Growth, YoY (%)1.6417.6915.20-8.12-9.3330.2545.521.57-13.7111.72-10.31-9.05

The value of exports of commodity group 854470 "Optical fibre cables" from European Union totalled $ 1.21 billion in 2023. Sales of commodity group 854470 from European Union went up by 10% compared to 2022: exports of commodity group 854470 "Optical fibre cables" went up by $ 110 million (cumulative exports of commodity group 854470 from European Union amounted $1.1 billion in 2022)

Exports of commodity group 854470 "Optical fibre cables" amounted to 0.043% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 854470 in total exports from European Union decreased by 0 p.p. compared to 2022 (it was 0.043% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).

Exports of commodity group 854470 amounted to 0.5% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $242 billion in 2023). The share of exports of commodity group 854470 in sales of commodity group from European Union lowered by 0.009 p.p. compared to 2022 (it was 0.509% in 2022, and exports of commodity group from European Union were $215 billion).

Exports of commodity group 854470 amounted to 8.16 percent of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to 14.8 billion USD in 2023). The share of exports of commodity group 854470 in sales of commodity group from European Union lowered by 0.375 p.p. compared to 2022 (it was 8.53 percent in 2022, and exports of commodity group from European Union amounted to 12.8 billion USD).

Where does European Union export Optical fibre cables?

Top export destinations of "Optical fibre cables" from European Union in 2023:

  • Areas, nes with a share of 24% (299 million US$)
  • United Kingdom with a share of 18.6% (226 million US$)
  • USA with a share of 13.9% (169 million US$)
  • Switzerland with a share of 4.68% (56 million US$)
  • Indonesia with a share of 2.48% (30 million US$)
  • Norway with a share of 2.45% (29 million US$)
  • China with a share of 2.1% (25 million US$)
  • Saudi Arabia with a share of 1.94% (23 million US$)
  • United Arab Emirates with a share of 1.94% (23 million US$)
  • Australia with a share of 1.48% (17.9 million US$)

The value of imports of commodity group 854470 "Optical fibre cables" to European Union totalled $ 961 million in 2023. Sales of commodity group 854470 to European Union decreased by 9.05% in value terms compared to 2022. imports of commodity group 854470 "Optical fibre cables" decreased by $ 95 million (the value of imports of commodity group 854470 to European Union was equal to $1.05 billion in 2022)

Imports of commodity group 854470 "Optical fibre cables" accounted for 0.035% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 854470 in total imports to European Union decreased by 0 p.p. compared to 2022 (it was 0.034% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).

Imports of commodity group 854470 reached 0.251% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $382 billion in 2023). The share of purchases of commodity group 854470 in imports of commodity group to European Union went down by 0.02 p.p. compared to 2022 (it was 0.271% in 2022, and imports of commodity group to European Union accounted for $388 billion).

Imports of commodity group 854470 reached 4.29 percent of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled 22 billion USD in 2023). The share of purchases of commodity group 854470 in imports of commodity group to European Union went down by 0.808 p.p. compared to 2022 (it was 5.1 percent in 2022, and imports of commodity group to European Union accounted for 20 billion USD).

Where does European Union import Optical fibre cables from?

Top trading partners (import of "Optical fibre cables") of European Union in 2023:

  • China with a share of 36% (347 million US$)
  • India with a share of 10.9% (105 million US$)
  • USA with a share of 9.15% (88 million US$)
  • Morocco with a share of 7.5% (72 million US$)
  • United Kingdom with a share of 7.26% (69 million US$)
  • Indonesia with a share of 3.68% (35 million US$)
  • Switzerland with a share of 3.36% (32 million US$)
  • Korea with a share of 3.01% (28 million US$)
  • Turkey with a share of 2.65% (25 million US$)
  • Tunisia with a share of 2.56% (24 million US$)

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