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2022
Exports $1.47BWorld Rnk 1 / 181
Flag Rnk 358 / 1216
2022
Destination $27.6M United States
2021 - 2022
FASTEST GROWING MARKET $27.6MUnited States
2022
PRODUCT COMPLEXITY IN Medical Furniture0.86Rnk 222 / 1025
2022
Imports $88.5MWorld Rnk 12 / 217
Flag Rnk 677 / 1212
2022
Origin $3.12M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.12MNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.47B in Medical Furniture, making it the 1st largest exporter of Medical Furniture in the world. At the same year, Medical Furniture was the 358th most exported product in China. The main destination of Medical Furniture exports from China are: United States ($495M), United Kingdom ($57.6M), Germany ($54M), Australia ($40.2M), and Japan ($35.8M).

The fastest growing export markets for Medical Furniture of China between 2021 and 2022 were United States ($27.6M), Nigeria ($14.7M), and Philippines ($12.1M).

Imports In 2022, China imported $88.5M in Medical Furniture, becoming the 12th largest importer of Medical Furniture in the world. At the same year, Medical Furniture was the 677th most imported product in China. China imports Medical Furniture primarily from: Germany ($22.6M), United States ($21.5M), Chinese Taipei ($8.64M), United Kingdom ($6.11M), and Netherlands ($5.13M).

The fastest growing import markets in Medical Furniture for China between 2021 and 2022 were Netherlands ($3.12M), Hong Kong ($1.05M), and China ($359k).

COMPANIES In 2023, leading companies such as Medical Depot (259), Goldensee Limited (155), and Yaheetech (42) were at the forefront of shipping Medical Furniture from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Medical Furniture exports accounted up to $109M and imports accounted up to $5.83M, resulting in a positive trade balance of $103M. Between August 2023 and August 2024 the exports of China's   Medical Furniture have increased by $8.18M (8.15%) from $100M to $109M, while imports decreased by $-1.8M (-23.6%) from $7.64M to $5.83M.

Destinations In August 2024, Medical Furniture were exported mostly to United States ($32.3M), Germany ($4.18M), Morocco ($4.15M), Mexico ($3.46M), and Australia ($3.36M), and were imported mostly from Germany ($2.12M), United States ($698k), Chinese Taipei ($628k), Mexico ($522k), and Switzerland ($360k).

Growth In August 2024, the increase in Medical Furniture's year-by-year exports was explained primarily by an increase in exports to Philippines ($2.08M or 189%), Thailand ($2.03M or 84.3%), and India ($1.45M or 55.4%). In August 2024, the decrease in Medical Furniture's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.1M or -37.3%), Chinese Taipei ($-860k or -55.7%), and China ($-89.9k or -37%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$8.18M(8.15%)
IMPORT GROWTH (August 2023 - August 2024)$-1.8M(-23.6%)
MAIN EXPORTER (August 2024)Guangdong Province$41.3M
MAIN DESTINATION (August 2024)United States$32.3M

This section shows Medical Furniture's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Medical Furniture over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.47B
IMPORTS (2022)$88.5M
NET TRADE (2022)$1.38B

In 2022, China exported $1.47B in Medical Furniture. The main destinations of China exports on Medical Furniture were United States ($495M), United Kingdom ($57.6M), Germany ($54M), Australia ($40.2M), and Japan ($35.8M).

In 2022, China imported $88.5M in Medical Furniture, mainly from Germany ($22.6M), United States ($21.5M), Chinese Taipei ($8.64M), United Kingdom ($6.11M), and Netherlands ($5.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Furniture EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$27.6M (5.92%)
Nigeria$14.7M (208%)
Philippines$12.1M (63.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Furniture BY China WERE (2021 - 2022):
Japan-$9.78M (-21.5%)
Hong Kong-$3.87M (-22.6%)
Cameroon-$3.21M (-75.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Medical Furniture were:
United States $710M
Germany $616M
In 2022, China's main importing competitors in Medical Furniture were:
United States $1.2B
Germany $363M
Canada $293M

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Trade Value of Medical Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $22M
TOP IMPORT POTENTIALUnited States+ $5.62M

Medical Furniture’s highest export potential is India. With an export gap of $22M.   Medical Furniture’s highest import potential is United States with an import gap of $5.62M.

See methodology.

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