Overview: This page contains the latest trade data of Medical Instruments. In 2019, Medical Instruments were the world's 16th most traded product, with a total trade of $136B. Between 2018 and 2019 the exports of Medical Instruments grew by 5.22%, from $129B to $136B. Trade in Medical Instruments represent 0.75% of total world trade.
Exports: In 2019 the top exporters of Medical Instruments were United States ($29.5B), Germany ($16.3B), Mexico ($11.7B), Netherlands ($10.4B), and China ($7.78B).
Imports: In 2019 the top importers of Medical Instruments were United States ($28.3B), Germany ($10.5B), Netherlands ($9.89B), China ($9.18B), and Japan ($6.8B).
Tariffs: In 2018 the average tariff for Medical Instruments was 3.61%, making it the 1065th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Medical Instruments are Bermuda (23.2%), Iran (15.2%), Aruba (12%), Cuba (10.1%), and Jamaica (10%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Tanzania (0%).
Ranking: Medical Instruments ranks 299th 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.