Overview This page contains the latest trade data of Medical Instruments. In 2020, Medical Instruments were the world's 14th most traded product, with a total trade of $133B. Between 2019 and 2020 the exports of Medical Instruments decreased by -0.42%, from $133B to $133B. Trade in Medical Instruments represent 0.79% of total world trade.
Medical Instruments are a part of Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts.... They include Instruments, appliances for medical, etc science, nes, Needles, catheters, cannulae etc, (medical), Electro-diagnostic apparatus, nes, Syringes, with or without needles, Instruments and appliances, used in dentistry, Ophthalmic instruments and appliances, Tubular metal needles and needles for sutures, Electro-cardiographs, Dental drill engines, and Ultra-violet or infra-red ray apparatus, among others.
Exports In 2020 the top exporters of Medical Instruments were United States ($27.7B), Germany ($16.7B), Mexico ($10.6B), Netherlands ($10.6B), and China ($10B).
Imports In 2020 the top importers of Medical Instruments were United States ($28B), Germany ($11.1B), Netherlands ($9.49B), China ($8.54B), and Japan ($6.38B).
Tariffs In 2018 the average tariff for Medical Instruments was 3.57%, making it the 1084th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Medical Instruments are Bermuda (23.2%), Cayman Islands (22%), Iran (15.2%), and Anguilla (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Tanzania (0%).
Ranking Medical Instruments ranks 257th in the Product Complexity Index (PCI).
Description Instruments and appliances used in medical, surgical, dental or veterinary sciences are used to help diagnose diseases. They can be made from a variety of materials, including stainless steel, plastic, and glass.