HS Icon X-Ray Equipment

9022 (Harmonized System 1992 for 4-digit)

World Trade (2018): $23.3B, Rnk 165 / 1225

Top Exporter (2018): $5.4B, Germany

Top Importer (2018): $4.33B, United States

Product Complexity (2018): 1.79, Rnk 15 / 1018

Export Growth (CAGR)(2017 - 2018): 8.21%, Rnk 860 / 1225

Mean Tariff (2018): 3.1%, Rnk 1122 / 1259

Share of World Trade (2018): 0.13%, Rnk 165 / 1225

Overview: In 2018, X-Ray Equipment were the world's 165th most traded product, with a total trade of $23.3B. Between 2017 and 2018 the exports of X-Ray Equipment grew by 8.21%, from  $21.6B to $23.3B. Trade in X-Ray Equipment represent 0.13% of total world trade.

Exports: In 2018 the top exporters of X-Ray Equipment  were Germany ($5.4B), United States ($3.98B), Japan ($1.96B), Netherlands ($1.89B), and China ($1.86B).

Imports: In 2018 the top importers of X-Ray Equipment were United States ($4.33B), China ($3.03B), Germany ($1.6B), Japan ($1.34B), and Netherlands ($991M).

Tariffs: In 2018 the average tariff for X-Ray Equipment was 3.1%, been the 1122 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for X-Ray Equipment are Bermuda (25%), Aruba (12%), Panama (11%), Jamaica (10%), and Maldives (9.8%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Ranking: X-Ray Equipment ranks 15th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $5.4B

Top Destination (2018): United States, $4.33B

X-Ray Equipment are the world's 165th most traded product.

In 2018, the top exporters of X-Ray Equipment were Germany ($5.4B), United States ($3.98B), Japan ($1.96B), Netherlands ($1.89B), and China ($1.86B).

In 2018, the top importers of X-Ray Equipment were United States ($4.33B), China ($3.03B), Germany ($1.6B), Japan ($1.34B), and Netherlands ($991M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $453M

Top Destination Growth (2017 - 2018): Germany, $292M

Between 2017 and 2018, the exports of X-Ray Equipment grew the fastest in Netherlands ($453M), Germany ($437M), Israel ($125M), South Korea ($96.7M), and United Arab Emirates ($88.4M).

Between 2017 and 2018, the fastest growing importers of X-Ray Equipment were Germany ($292M), United States ($195M), India ($129M), China ($119M), and Netherlands ($106M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of X-Ray Equipment.

In 2018,  market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of X-Ray Equipment are explained by 14 countries.

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TOP NET EXPORTER (2018): Germany, $3.81B

TOP NET IMPORTER (2018): China, $1.18B

This map shows which countries export or import more of X-Ray Equipment. Each country is colored based on the difference in exports and imports of X-Ray Equipment during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of X-Ray Equipment were Germany ($3.81B), Netherlands ($896M), Japan ($622M), United Kingdom ($478M), and France ($464M).

In 2018, the countries that had a largest trade value in imports than in exports of X-Ray Equipment were China ($1.18B), India ($384M), United States ($348M), Russia ($333M), and Brazil ($263M).

Trade Forecasts

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This section shows forecasts for total trade for X-Ray Equipment. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing X-Ray Equipment was 3.1%.  The countries with the highest tariffs for importing X-Ray Equipment were Bermuda (25%), Aruba (12%), Panama (11%), Jamaica (10%), and Maldives (9.8%).

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Product Complexity

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Diversification Frontier

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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.