Therapeutic Appliances9019 (Harmonized System 1992 for 4-digit)
2020 World Trade: $21.7B, Rnk 168 / 1217
2020 Top Exporter | Top Importer: $8.11B | $5.16B, China | United States
2020 Product Complexity: 0.52, Rnk 351 / 1028
2019 - 2020 Export Growth (CAGR): 52%, Rnk 15 / 1217
2018 Mean Tariff: 3.93%, Rnk 1023 / 1259
2020 Share of World Trade: 0.13%, Rnk 168 / 1217
Overview This page contains the latest trade data of Therapeutic Appliances. In 2020, Therapeutic Appliances were the world's 168th most traded product, with a total trade of $21.7B. Between 2019 and 2020 the exports of Therapeutic Appliances grew by 52%, from $14.3B to $21.7B. Trade in Therapeutic Appliances represent 0.13% of total world trade.
Therapeutic Appliances are a part of Optical, photo, & film equipment; medical instruments. They include Therapeutic respiration apparatus and Massage and psychological aptitude-test apparatus.
Exports In 2020 the top exporters of Therapeutic Appliances were China ($8.11B), United States ($2.07B), Germany ($1.5B), Singapore ($1.42B), and Netherlands ($1.15B).
Imports In 2020 the top importers of Therapeutic Appliances were United States ($5.16B), Germany ($1.32B), Netherlands ($1.23B), United Kingdom ($1.04B), and Japan ($834M).
Tariffs In 2018 the average tariff for Therapeutic Appliances was 3.93%, making it the 1023rd lowest tariff using the HS4 product classification.
Ranking Therapeutic Appliances ranks 351st in the Product Complexity Index (PCI).
Description Ozone therapy, oxygen therapy, aerosol therapy, artificial respiration or other therapeutic respiration apparatus are used to help people with breathing problems.
The following visualization shows the latest trends on Therapeutic Appliances. 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, $8.11B
Top Destination (2020): United States, $5.16B
Therapeutic Appliances are the world's 168th most traded product.
In 2020, the top exporters of Therapeutic Appliances were China ($8.11B), United States ($2.07B), Germany ($1.5B), Singapore ($1.42B), and Netherlands ($1.15B).
In 2020, the top importers of Therapeutic Appliances were United States ($5.16B), Germany ($1.32B), Netherlands ($1.23B), United Kingdom ($1.04B), and Japan ($834M).
Trade by country
Top Origin Growth (2019 - 2020): China, $3.84B
Top Destination Growth (2019 - 2020): United States, $1.12B
Between 2019 and 2020, the exports of Therapeutic Appliances grew the fastest in China ($3.84B), Germany ($649M), United States ($500M), New Zealand ($343M), and Ireland ($336M).
Between 2019 and 2020, the fastest growing importers of Therapeutic Appliances were United States ($1.12B), Hungary ($576M), United Kingdom ($450M), Germany ($449M), and Russia ($308M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Therapeutic Appliances.
In 2020, market concentration measured using Shannon Entropy, was 3.72. This means that most of the exports of Therapeutic Appliances are explained by 13 countries.
TOP NET EXPORTER (2020): China, $7.67B
TOP NET IMPORTER (2020): United States, $3.08B
This map shows which countries export or import more of Therapeutic Appliances. Each country is colored based on the difference in exports and imports of Therapeutic Appliances during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Therapeutic Appliances were China ($7.67B), Singapore ($1.05B), Mexico ($642M), New Zealand ($604M), and Ireland ($525M).
In 2020, the countries that had a largest trade value in imports than in exports of Therapeutic Appliances were United States ($3.08B), Japan ($713M), United Kingdom ($671M), Hungary ($545M), and South Korea ($492M).
In 2020, the world most traded Therapeutic Appliances, disaggragated by their HS6 level were Therapeutic respiration apparatus ($14.5B) and Massage and psychological aptitude-test apparatus ($7.23B)
This visualization shows the countries that have an important ratio of their trade related to Therapeutic Appliances. It is possible to select the main countries that export or import Therapeutic Appliances 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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