# HS 847190 Magnetic Or Optical Readers global trade data...

Reported global trade in magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included reached $7.3B in 2024, with five-year annual growth of +1.4%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $6.7B | -3.8% | +1.1% |
| 2014 | $7.2B | +7.6% | +0.7% |
| 2015 | $6.1B | -15.1% | -4.2% |
| 2016 | $6.0B | -2.3% | -3.7% |
| 2017 | $6.2B | +4.7% | -4.6% |
| 2018 | $6.8B | +9.5% | +3.9% |
| 2019 | $6.8B | -0.4% | +4.6% |
| 2020 | $6.5B | -5% | +1.2% |
| 2021 | $7.3B | +13.5% | +2.4% |
| 2022 | $7.6B | +3.3% | +3.6% |
| 2023 | $9.5B | +25.5% | +13.7% |
| 2024 | $7.3B | -23.1% | -0.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $766.1M | +1.9% | 104 |
| Germany | $672.2M | +5% | 97 |
| China | $335.6M | -2% | 74 |
| Australia | $317.4M | +21% | 62 |
| Canada | $315.6M | +3% | 79 |
| United Kingdom | $287.8M | -0.8% | 112 |
| Netherlands | $272.0M | -0.8% | 95 |
| Republic of Korea | $245.7M | +21.4% | 65 |
| Spain | $222.5M | +2.4% | 85 |
| Japan | $221.7M | -7.5% | 53 |
| Sweden | $211.7M | +25% | 59 |
| Singapore | $208.3M | -5.3% | 71 |

_Source: reported merchandise trade data. Updated 2026-08-14._