Therapeutic Appliances9019 (Harmonized System 1992 for 4-digit)
World Trade (2018): $13.1B, Rnk 273 / 1225
Top Exporter (2018): $3.87B, China
Top Importer (2018): $3.39B, United States
Product Complexity (2018): 0.65, Rnk 307 / 1018
Export Growth (CAGR)(2017 - 2018): 7.1%, Rnk 888 / 1225
Mean Tariff (2018): 4.01%, Rnk 991 / 1259
Share of World Trade (2018): 0.071%, Rnk 273 / 1225
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.
Exports: In 2018 the top exporters of Therapeutic Appliances were China ($3.87B), Singapore ($1.22B), United States ($1.18B), Germany ($932M), and Australia ($751M).
Imports: In 2018 the top importers of Therapeutic Appliances were United States ($3.39B), Netherlands ($865M), Germany ($821M), Japan ($758M), 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 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.
Trade By Country
Top Origin (2018): China, $3.87B
Top Destination (2018): United States, $3.39B
Therapeutic Appliances are the world's 273rd most traded product.
In 2018, the top exporters of Therapeutic Appliances were China ($3.87B), Singapore ($1.22B), United States ($1.18B), Germany ($932M), and Australia ($751M).
In 2018, the top importers of Therapeutic Appliances were United States ($3.39B), Netherlands ($865M), Germany ($821M), Japan ($758M), and France ($690M).
Trade by country
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).
Cumulative market share
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.
TOP NET EXPORTER (2018): China, $3.43B
TOP NET IMPORTER (2018): United States, $2.2B
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 world most traded Therapeutic Appliances, disaggragated by their HS6 level were Therapeutic respiration apparatus ($7.51B) and Massage and psychological aptitude-test apparatus ($5.62B)
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.
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