Medical Instruments in Australia 2021 Exports | Imports : $492M | $2.67B, World Rnk 34 / 221 Rnk 50 / 1210 | World Rnk 12 / 226 Rnk 10 / 1206
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $21.9M | $114M, New Zealand | Mexico
2021 ECONOMIC COMPLEXITY of Australia: -0.41, Rnk 82 / 131
2021 PRODUCT COMPLEXITY IN Medical Instruments: 0.74, Rnk 262 / 1029
Exports In 2021, Australia exported $492M in Medical Instruments, making it the 34th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 50th most exported product in Australia. The main destination of Medical Instruments exports from Australia are: New Zealand ($151M), United States ($62.1M), Germany ($43.9M), Singapore ($30.4M), and Netherlands ($30.2M).
The fastest growing export markets for Medical Instruments of Australia between 2020 and 2021 were New Zealand ($21.9M), Singapore ($11.2M), and Hong Kong ($10.2M).
Imports In 2021, Australia imported $2.67B in Medical Instruments, becoming the 12th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 10th most imported product in Australia. Australia imports Medical Instruments primarily from: United States ($997M), Mexico ($222M), Germany ($204M), China ($189M), and Netherlands ($139M).
The fastest growing import markets in Medical Instruments for Australia between 2020 and 2021 were Mexico ($114M), United States ($69.2M), and Netherlands ($64M).
Mar 2023
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Medical Instruments. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $492M
IMPORTS (2021): $2.67B
NET TRADE (2021): -$2.18B
In 2021, Australia exported $492M in Medical Instruments. The main destinations of Australia exports on Medical Instruments were New Zealand ($151M), United States ($62.1M), Germany ($43.9M), Singapore ($30.4M), and Netherlands ($30.2M).
In 2021, Australia imported $2.67B in Medical Instruments, mainly from United States ($997M), Mexico ($222M), Germany ($204M), China ($189M), and Netherlands ($139M).
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Australia WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Australia WERE (2020 - 2021):
In 2021, Australia's main exporting competitors in Medical Instruments were:
In 2021, Australia's main importing competitors in Medical Instruments were:
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