HS Icon Needles, catheters, cannulae etc, (medical)

901839 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Needles, catheters, cannulae etc, (medical). In 2019, Needles, catheters, cannulae etc, (medical) were the world's 73rd most traded product, with a total trade of $32.6B. Between 2018 and 2019 the exports of Needles, catheters, cannulae etc, (medical) grew by 4.84%, from $31.1B to $32.6B. Trade in Needles, catheters, cannulae etc, (medical) represent 0.18% of total world trade.

Exports: In 2019 the top exporters of Needles, catheters, cannulae etc, (medical)  were United States ($6.89B), Mexico ($3.93B), Ireland ($3.86B), Netherlands ($3.78B), and Germany ($2.39B).

Imports: In 2019 the top importers of Needles, catheters, cannulae etc, (medical) were United States ($6.73B), Netherlands ($3.66B), China ($2.49B), Germany ($2.35B), and Japan ($2.09B).

Tariffs: In 2018 the average tariff for Needles, catheters, cannulae etc, (medical) was 4.54%, making it the 4487th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Needles, catheters, cannulae etc, (medical) are Bermuda (25%), Tunisia (20%), Iran (17.6%), Cuba (14.4%), and Venezuela (12.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Needles, catheters, cannulae etc, (medical) ranks 2517th in the Product Complexity Index (PCI).

Description: A needle is a thin, hollow cylinder with a sharp point that is used to puncture and remove tissue or liquid, such as blood, from the body. A catheter is a thin, flexible tube inserted into a hollow organ or duct in the body and is used to drain fluid and as a conduit for other purposes. And a cannula is a short piece of plastic tube inserted between the layers of skin and muscle in order to administer a drug.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $6.89B

Top Destination (2019): United States, $6.73B

Needles, catheters, cannulae etc, (medical) are the world's 73rd most traded product.

In 2019, the top exporters of Needles, catheters, cannulae etc, (medical) were United States ($6.89B), Mexico ($3.93B), Ireland ($3.86B), Netherlands ($3.78B), and Germany ($2.39B).

In 2019, the top importers of Needles, catheters, cannulae etc, (medical) were United States ($6.73B), Netherlands ($3.66B), China ($2.49B), Germany ($2.35B), and Japan ($2.09B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Mexico, $379M

Top Destination Growth (2018 - 2019): United States, $526M

Between 2018 and 2019, the exports of Needles, catheters, cannulae etc, (medical) grew the fastest in Mexico ($379M), Netherlands ($252M), Costa Rica ($170M), Ireland ($160M), and Japan ($107M).

Between 2018 and 2019, the fastest growing importers of Needles, catheters, cannulae etc, (medical) were United States ($526M), China ($360M), Mexico ($84.6M), United Kingdom ($53.9M), and France ($48.5M).

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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 Needles, catheters, cannulae etc, (medical).

In 2019,  market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Needles, catheters, cannulae etc, (medical) are explained by 16 countries.

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TOP NET EXPORTER (2019): Ireland, $3.23B

TOP NET IMPORTER (2019): China, $1.07B

This map shows which countries export or import more of Needles, catheters, cannulae etc, (medical). Each country is colored based on the difference in exports and imports of Needles, catheters, cannulae etc, (medical) during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Needles, catheters, cannulae etc, (medical) were Ireland ($3.23B), Mexico ($3.16B), Costa Rica ($1.44B), Malaysia ($605M), and Hungary ($216M).

In 2019, the countries that had a largest trade value in imports than in exports of Needles, catheters, cannulae etc, (medical) were China ($1.07B), Japan ($1B), France ($760M), Italy ($656M), and United Kingdom ($654M).

Import Tariffs

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In 2018, the average tariff for importing Needles, catheters, cannulae etc, (medical) was 4.54%. The countries with the highest tariffs for importing Needles, catheters, cannulae etc, (medical) were Bermuda (25%), Tunisia (20%), Iran (17.6%), Cuba (14.4%), and Venezuela (12.4%).

Product Complexity

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Diversification Frontier

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Specialization

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.