Medical Furniture9402 (Harmonized System 1992 for 4-digit)
2020 World Trade: $4.7B, Rnk 500 / 1217
2020 Top Exporter | Top Importer: $1.02B | $865M, China | United States
2020 Product Complexity: 0.87, Rnk 220 / 1028
2019 - 2020 Export Growth (CAGR): 9.79%, Rnk 121 / 1217
2018 Mean Tariff: 8.3%, Rnk 521 / 1259
2020 Share of World Trade: 0.028%, Rnk 500 / 1217
Overview This page contains the latest trade data of Medical Furniture. In 2020, Medical Furniture were the world's 500th most traded product, with a total trade of $4.7B. Between 2019 and 2020 the exports of Medical Furniture grew by 9.79%, from $4.28B to $4.7B. Trade in Medical Furniture represent 0.028% of total world trade.
Medical Furniture are a part of Furniture. They include Medical furniture, nes and Dentists, barbers or similar chairs and parts.
Exports In 2020 the top exporters of Medical Furniture were China ($1.02B), United States ($678M), Germany ($592M), Poland ($258M), and Czechia ($223M).
Imports In 2020 the top importers of Medical Furniture were United States ($865M), Germany ($332M), Canada ($312M), United Kingdom ($260M), and France ($187M).
Tariffs In 2018 the average tariff for Medical Furniture was 8.3%, making it the 521st lowest tariff using the HS4 product classification.
Ranking Medical Furniture ranks 220th in the Product Complexity Index (PCI).
Description Medical, surgical, dental or veterinary furniture is used in the medical field. Medical furniture includes operating tables, examination tables, hospital beds with mechanical fittings and dentists' chairs.
The following visualization shows the latest trends on Medical Furniture. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $1.02B
Top Destination (2020): United States, $865M
Medical Furniture are the world's 500th most traded product.
In 2020, the top exporters of Medical Furniture were China ($1.02B), United States ($678M), Germany ($592M), Poland ($258M), and Czechia ($223M).
In 2020, the top importers of Medical Furniture were United States ($865M), Germany ($332M), Canada ($312M), United Kingdom ($260M), and France ($187M).
Trade by country
Top Origin Growth (2019 - 2020): United States, $97.9M
Top Destination Growth (2019 - 2020): Canada, $109M
Between 2019 and 2020, the exports of Medical Furniture grew the fastest in United States ($97.9M), China ($52.7M), Czechia ($52.7M), France ($51.7M), and Turkey ($51M).
Between 2019 and 2020, the fastest growing importers of Medical Furniture were Canada ($109M), United Kingdom ($79M), Germany ($41.9M), Italy ($36.6M), and Russia ($28M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Medical Furniture.
In 2020, market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Medical Furniture are explained by 17 countries.
This map shows which countries export or import more of Medical Furniture. Each country is colored based on the difference in exports and imports of Medical Furniture during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Medical Furniture were China ($917M), Germany ($261M), Czechia ($201M), Poland ($193M), and Chinese Taipei ($153M).
In 2020, the countries that had a largest trade value in imports than in exports of Medical Furniture were Canada ($193M), United States ($187M), United Kingdom ($154M), Australia ($130M), and Russia ($99.8M).
In 2020, the world most traded Medical Furniture, disaggragated by their HS6 level were Medical furniture, nes ($4.24B) and Dentists, barbers or similar chairs and... ($459M)
This visualization shows the countries that have an important ratio of their trade related to Medical Furniture. It is possible to select the main countries that export or import Medical Furniture in the world, or by continent, as well as select the measure of interest.
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.
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