HS Icon Non-medical X-ray equipment

902219 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.94B, Rnk 1023 / 4726

Top Exporter (2018): $585M, Germany

Top Importer (2018): $468M, China

Product Complexity (2018): 1.41, Rnk 285 / 4873

Export Growth (CAGR)(2017 - 2018): 12.1%, Rnk 2362 / 4726

Mean Tariff (2018): 3.49%, Rnk 5408 / 6538

Share of World Trade (2018): 0.016%, Rnk 1023 / 4726

Overview:  This page contains the latest trade data of Non-medical X-ray equipment. In 2018, Non-medical X-ray equipment were the world's 1023rd most traded product, with a total trade of $2.94B. Between 2017 and 2018 the exports of Non-medical X-ray equipment grew by 12.1%, from  $2.63B to $2.94B. Trade in Non-medical X-ray equipment represent 0.016% of total world trade.

Exports: In 2018 the top exporters of Non-medical X-ray equipment  were Germany ($585M), United States ($486M), Japan ($367M), China ($269M), and United Kingdom ($250M).

Imports: In 2018 the top importers of Non-medical X-ray equipment were China ($468M), United States ($338M), South Korea ($139M), India ($129M), and Germany ($123M).

Tariffs: In 2018 the average tariff for Non-medical X-ray equipment was 3.49%, been the 5408 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Non-medical X-ray equipment are Bermuda (25%), Maldives (19.6%), Panama (15%), Zambia (13.6%), and Iran (12.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Non-medical X-ray equipment ranks 285th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $585M

Top Destination (2018): China, $468M

Non-medical X-ray equipment are the world's 1023rd most traded product.

In 2018, the top exporters of Non-medical X-ray equipment were Germany ($585M), United States ($486M), Japan ($367M), China ($269M), and United Kingdom ($250M).

In 2018, the top importers of Non-medical X-ray equipment were China ($468M), United States ($338M), South Korea ($139M), India ($129M), and Germany ($123M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Japan, $65.9M

Top Destination Growth (2017 - 2018): Chinese Taipei, $78.6M

Between 2017 and 2018, the exports of Non-medical X-ray equipment grew the fastest in Japan ($65.9M), United States ($61.1M), China ($28.3M), Czechia ($27.1M), and Austria ($19.4M).

Between 2017 and 2018, the fastest growing importers of Non-medical X-ray equipment were Chinese Taipei ($78.6M), China ($58.4M), United States ($52.8M), India ($43M), and Saudi Arabia ($26.5M).

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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 Non-medical X-ray equipment.

In 2018,  market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Non-medical X-ray equipment are explained by 14 countries.

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TOP NET EXPORTER (2018): Germany, $463M

TOP NET IMPORTER (2018): China, $198M

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

In 2018, the countries that had a largest trade value in exports than in imports of Non-medical X-ray equipment were Germany ($463M), Japan ($271M), Malaysia ($164M), United Kingdom ($162M), and United States ($148M).

In 2018, the countries that had a largest trade value in imports than in exports of Non-medical X-ray equipment were China ($198M), India ($126M), South Korea ($92.5M), Chinese Taipei ($89.3M), and Mexico ($55.9M).

Trade Forecasts

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This section shows forecasts for total trade for Non-medical 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 Non-medical X-ray equipment was 3.49%.  The countries with the highest tariffs for importing Non-medical X-ray equipment were Bermuda (25%), Maldives (19.6%), Panama (15%), Zambia (13.6%), and Iran (12.7%).

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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.