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Instruments, appliances for medical, etc science, nes

901890 (Harmonized System 1992 for 6-digit)

2022
World Trade $67.3BRnk 42 / 4648
2022
Top Exporter | Top Importer $15.9B | $16.6BUnited States | United States
2022
Product Complexity 0.51Rnk 1616 / 4653
2021 - 2022
Export Growth (CAGR) 4.69%Rnk 2267 / 4648
2022
Share of World Trade 0.28%Rnk 42 / 4648

About

Overview This page contains the latest trade data of Instruments, appliances for medical, etc science, nes. In 2022, Instruments, appliances for medical, etc science, nes were the world's 42nd most traded product, with a total trade of $67.3B. Between 2021 and 2022 the exports of Instruments, appliances for medical, etc science, nes grew by 4.69%, from $64.2B to $67.3B. Trade in Instruments, appliances for medical, etc science, nes represent 0.28% of total world trade.

Instruments, appliances for medical, etc science, nes are a part of Medical Instruments.

Exports In 2022 the top exporters of Instruments, appliances for medical, etc science, nes  were United States ($15.9B), Mexico ($7.6B), Germany ($7.4B), Netherlands ($4.63B), and China ($4.4B).

Imports In 2022 the top importers of Instruments, appliances for medical, etc science, nes were United States ($16.6B), Netherlands ($4.9B), Germany ($4.13B), China ($3.69B), and Belgium ($2.91B).

Ranking Instruments, appliances for medical, etc science, nes ranks 1616th in the Product Complexity Index (PCI).

Description Scientific instruments/appliances are used in many situations. They are used for measuring temperature, weight, length, pressure, time, and many other things. They can also be used for scientific experiments, surgery, and other medical procedures.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Instruments, appliances for medical, etc science, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$15.9B
Top Destination (2022)United States$16.6B

In 2022 Instruments, appliances for medical, etc science, nes were the world's 42nd most traded product (out of 4,648).

In 2022, the top exporters of Instruments, appliances for medical, etc science, nes were United States ($15.9B), Mexico ($7.6B), Germany ($7.4B), Netherlands ($4.63B), and China ($4.4B).

In 2022, the top importers of Instruments, appliances for medical, etc science, nes were United States ($16.6B), Netherlands ($4.9B), Germany ($4.13B), China ($3.69B), and Belgium ($2.91B).

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Exporters of Instruments, appliances for medical, etc science, nes (2022)
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Importers of Instruments, appliances for medical, etc science, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$1.52B
Top Destination Growth (2021 -  2022)United States$1.17B

Between 2021 and 2022, the exports of Instruments, appliances for medical, etc science, nes grew the fastest in United States ($1.52B), Mexico ($1.15B), China ($422M), Netherlands ($235M), and Dominican Republic ($168M).

Between 2021 and 2022, the fastest growing importers of Instruments, appliances for medical, etc science, nes were United States ($1.17B), United Kingdom ($439M), Spain ($358M), Netherlands ($346M), and Belgium ($327M).

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Exporters of Instruments, appliances for medical, etc science, nes (2021 - 2022)

Importers of Instruments, appliances for medical, etc science, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Instruments, appliances for medical, etc science, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Instruments, appliances for medical, etc science, nes are explained by 19 countries.

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Value of Exports in Instruments, appliances for medical, etc science, nes

Net Trade

TOP NET EXPORTER (2022)Mexico$5.25B
TOP NET IMPORTER (2022)Australia$1.22B

This map shows which countries export or import more of Instruments, appliances for medical, etc science, nes. Each country is colored based on the difference in exports and imports of Instruments, appliances for medical, etc science, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Instruments, appliances for medical, etc science, nes were Mexico ($5.25B), Germany ($3.26B), Costa Rica ($1.7B), Ireland ($1.41B), and Israel ($927M).

In 2022, the countries that had a largest trade value in imports than in exports of Instruments, appliances for medical, etc science, nes were Australia ($1.22B), Belgium ($1.11B), Japan ($1.07B), Spain ($1.04B), and United Kingdom ($869M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Instruments, appliances for medical, etc science, nes.
It is possible to select the main countries that export or import Instruments, appliances for medical, etc science, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Instruments, appliances for medical, etc science, nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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