Overview: This page contains the latest trade data of Therapeutic Appliances. In 2018, Therapeutic Appliances were the world's 273rd most traded product, with a total trade of $13.1B. Between 2017 and 2018 the exports of Therapeutic Appliances grew by 7.1%, from $12.3B to $13.1B. Trade in Therapeutic Appliances represent 0.071% of total world trade.
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 307th 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.
Top Origin Growth (2017 - 2018): Netherlands, $315M
Top Destination Growth (2017 - 2018): South Korea, $206M
Between 2017 and 2018, the exports of Therapeutic Appliances grew the fastest in Netherlands ($315M), Singapore ($163M), Croatia ($151M), Germany ($147M), and Czechia ($87.7M).
Between 2017 and 2018, the fastest growing importers of Therapeutic Appliances were South Korea ($206M), Netherlands ($194M), Hong Kong ($112M), Germany ($85.2M), and Spain ($56.9M).
This chart shows the evolution of the market concentration of exports of Therapeutic Appliances.
In 2018, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Therapeutic Appliances are explained by 15 countries.
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Therapeutic Appliances were China ($3.43B), Singapore ($987M), Mexico ($539M), Australia ($478M), and New Zealand ($276M).
In 2018, the countries that had a largest trade value in imports than in exports of Therapeutic Appliances were United States ($2.2B), South Korea ($561M), Japan ($541M), France ($467M), and Hong Kong ($243M).
In 2018, the average tariff for importing Therapeutic Appliances was 4.01%. The countries with the highest tariffs for importing Therapeutic Appliances were Bermuda (25%), Syria (18.4%), Iran (14.8%), Zimbabwe (13.7%), and Venezuela (13.4%).
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.