Therapeutic Appliances9019 (Harmonized System 1992 for 4-digit)
2019 World Trade: $14.1B, Rnk 255 / 1217
2019 Top Exporter | Top Importer: $4.23B | $3.98B, China | United States
2019 Product Complexity: 0.55, Rnk 319 / 961
2018 - 2019 Export Growth (CAGR): 4.37%, Rnk 184 / 1217
2018 Mean Tariff: 4.01%, Rnk 991 / 1259
2019 Share of World Trade: 0.078%, Rnk 255 / 1217
Overview This page contains the latest trade data of Therapeutic Appliances. In 2019, Therapeutic Appliances were the world's 255th most traded product, with a total trade of $14.1B. Between 2018 and 2019 the exports of Therapeutic Appliances grew by 4.37%, from $13.5B to $14.1B. Trade in Therapeutic Appliances represent 0.078% of total world trade.
Exports In 2019 the top exporters of Therapeutic Appliances were China ($4.23B), United States ($1.58B), Singapore ($1.43B), Germany ($862M), and Mexico ($846M).
Imports In 2019 the top importers of Therapeutic Appliances were United States ($3.98B), Netherlands ($930M), Germany ($853M), Japan ($786M), and France ($690M).
Tariffs In 2018 the average tariff for Therapeutic Appliances was 4.01%, making it the 991st lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Therapeutic Appliances are Bermuda (25%), Syria (18.4%), Iran (14.8%), Zimbabwe (13.7%), and Venezuela (13.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).
Ranking Therapeutic Appliances ranks 319th in the Product Complexity Index (PCI).
Description Ozone therapy, oxygen therapy, aerosol therapy, artificial respiration or other therapeutic respiration apparatus are used to help people with breathing problems.
Trade By Country
Top Origin (2019): China, $4.23B
Top Destination (2019): United States, $3.98B
Therapeutic Appliances are the world's 255th most traded product.
In 2019, the top exporters of Therapeutic Appliances were China ($4.23B), United States ($1.58B), Singapore ($1.43B), Germany ($862M), and Mexico ($846M).
In 2019, the top importers of Therapeutic Appliances were United States ($3.98B), Netherlands ($930M), Germany ($853M), Japan ($786M), and France ($690M).
Trade by country
Top Origin Growth (2018 - 2019): China, $358M
Top Destination Growth (2018 - 2019): United States, $591M
Between 2018 and 2019, the exports of Therapeutic Appliances grew the fastest in China ($358M), Singapore ($217M), United States ($110M), Mexico ($88.5M), and Dominican Republic ($41.4M).
Between 2018 and 2019, the fastest growing importers of Therapeutic Appliances were United States ($591M), Netherlands ($65.5M), Mexico ($40.1M), United Kingdom ($32.9M), and Saudi Arabia ($32M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Therapeutic Appliances.
In 2019, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Therapeutic Appliances are explained by 14 countries.
TOP NET EXPORTER (2019): China, $3.83B
TOP NET IMPORTER (2019): United States, $2.4B
This map shows which countries export or import more of Therapeutic Appliances. Each country is colored based on the difference in exports and imports of Therapeutic Appliances during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Therapeutic Appliances were China ($3.83B), Singapore ($1.18B), Mexico ($673M), Australia ($485M), and New Zealand ($298M).
In 2019, the countries that had a largest trade value in imports than in exports of Therapeutic Appliances were United States ($2.4B), Japan ($638M), South Korea ($454M), France ($441M), and Netherlands ($255M).
In 2019, the world most traded Therapeutic Appliances, disaggragated by their HS6 level were Therapeutic respiration apparatus ($8.16B) and Massage and psychological aptitude-test apparatus ($5.93B)
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.