Tubular metal needles and needles for sutures901832 (Harmonized System 1992 for 6-digit)
2020 World Trade: $2.85B, Rnk 976 / 4613
2020 Top Exporter | Top Importer: $381M | $655M, United States | United States
2020 Product Complexity: 0.53, Rnk 1588 / 4783
2019 - 2020 Export Growth (CAGR): -6.69%, Rnk 2075 / 4613
2018 Mean Tariff: 4.23%, Rnk 4861 / 6538
2020 Share of World Trade: 0.017%, Rnk 976 / 4613
Overview This page contains the latest trade data of Tubular metal needles and needles for sutures. In 2020, Tubular metal needles and needles for sutures were the world's 976th most traded product, with a total trade of $2.85B. Between 2019 and 2020 the exports of Tubular metal needles and needles for sutures decreased by -6.69%, from $3.05B to $2.85B. Trade in Tubular metal needles and needles for sutures represent 0.017% of total world trade.
Tubular metal needles and needles for sutures are a part of Medical Instruments.
Exports In 2020 the top exporters of Tubular metal needles and needles for sutures were United States ($381M), China ($268M), Mexico ($247M), Ireland ($237M), and Japan ($224M).
Imports In 2020 the top importers of Tubular metal needles and needles for sutures were United States ($655M), Germany ($209M), Mexico ($154M), China ($139M), and Japan ($133M).
Tariffs In 2018 the average tariff for Tubular metal needles and needles for sutures was 4.23%, making it the 4861st lowest tariff using the HS6 product classification.
Ranking Tubular metal needles and needles for sutures ranks 1588th in the Product Complexity Index (PCI).
Description Tubular metal needles are often used in surgical procedures to keep the incision open, or to remove fluid from the body. Needles for sutures are typically used to sew together the edges of a wound to close it.
The following visualization shows the latest trends on Tubular metal needles and needles for sutures. 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): United States, $381M
Top Destination (2020): United States, $655M
Tubular metal needles and needles for sutures are the world's 976th most traded product.
In 2020, the top exporters of Tubular metal needles and needles for sutures were United States ($381M), China ($268M), Mexico ($247M), Ireland ($237M), and Japan ($224M).
In 2020, the top importers of Tubular metal needles and needles for sutures were United States ($655M), Germany ($209M), Mexico ($154M), China ($139M), and Japan ($133M).
Trade by country
Top Origin Growth (2019 - 2020): Netherlands, $16.5M
Top Destination Growth (2019 - 2020): Spain, $9.34M
Between 2019 and 2020, the exports of Tubular metal needles and needles for sutures grew the fastest in Netherlands ($16.5M), Dominican Republic ($11.6M), Belgium ($9.48M), China ($8.37M), and Colombia ($7.95M).
Between 2019 and 2020, the fastest growing importers of Tubular metal needles and needles for sutures were Spain ($9.34M), Netherlands ($8.63M), Austria ($6.07M), Malaysia ($4.51M), and United Kingdom ($4.5M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Tubular metal needles and needles for sutures.
In 2020, market concentration measured using Shannon Entropy, was 4.48. This means that most of the exports of Tubular metal needles and needles for sutures are explained by 22 countries.
TOP NET EXPORTER (2020): Ireland, $215M
TOP NET IMPORTER (2020): United States, $274M
This map shows which countries export or import more of Tubular metal needles and needles for sutures. Each country is colored based on the difference in exports and imports of Tubular metal needles and needles for sutures during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Tubular metal needles and needles for sutures were Ireland ($215M), China ($130M), Thailand ($97.1M), Mexico ($92.7M), and Japan ($91.9M).
In 2020, the countries that had a largest trade value in imports than in exports of Tubular metal needles and needles for sutures were United States ($274M), Canada ($58.9M), Spain ($46.1M), France ($45.9M), and Russia ($38.9M).
This visualization shows the countries that have an important ratio of their trade related to Tubular metal needles and needles for sutures. It is possible to select the main countries that export or import Tubular metal needles and needles for sutures 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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