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2023
Exports $757MWorld Rnk 2 / 172
Flag Rnk 287 / 1217
2023
Destination $48.9M Canada
2022 - 2023
FASTEST GROWING MARKET $48.9MCanada
2023
PRODUCT COMPLEXITY IN Medical Furniture1.02Rnk 171 / 1025
2023
Imports $1.17BWorld Rnk 1 / 219
Flag Rnk 333 / 1215
2023
Origin $12.9M China
2022 - 2023
FASTEST GROWING ORIGIN $12.9MGermany
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $757M in Medical Furniture, making it the 2nd largest exporter of Medical Furniture in the world. At the same year, Medical Furniture was the 287th most exported product in United States. The main destination of Medical Furniture exports from United States are: Canada ($244M), Netherlands ($105M), Australia ($53.2M), Mexico ($36.7M), and Saudi Arabia ($32.6M).

The fastest growing export markets for Medical Furniture of United States between 2022 and 2023 were Canada ($48.9M), Netherlands ($32.1M), and Saudi Arabia ($12.3M).

Imports In 2023, United States imported $1.17B in Medical Furniture, becoming the 1st largest importer of Medical Furniture in the world. At the same year, Medical Furniture was the 333rd most imported product in United States. United States imports Medical Furniture primarily from: China ($462M), Mexico ($161M), Canada ($151M), Germany ($123M), and Chinese Taipei ($83.9M).

The fastest growing import markets in Medical Furniture for United States between 2022 and 2023 were Germany ($12.9M), Mexico ($10.5M), and Canada ($9.56M).

COMPANIES In 2023, leading companies such as Medical Depot (301), Baxter Healthcare (207), and Goldensee Limited (156) were at the forefront of shipping Medical Furniture to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Medical Furniture exports accounted up to $59.5M and imports accounted up to $107M, resulting in a negative trade balance of $47.5M. Between November 2023 and November 2024 the exports of United States'   Medical Furniture have decreased by $-17.9M (-23.2%) from $77.5M to $59.5M, while imports increased by $17M (18.9%) from $90M to $107M.

Destinations In November 2024, Medical Furniture were exported mostly to Canada ($21M), Mexico ($6.5M), Netherlands ($6.21M), Australia ($4.37M), and Saudi Arabia ($2.26M), and were imported mostly from China ($45M), Mexico ($17.3M), Germany ($9.72M), Canada ($9.14M), and Chinese Taipei ($7.78M).

Growth In November 2024, the decrease in Medical Furniture's year-by-year exports was explained primarily by a decrease in exports to Australia ($-2.02M or -56.3%), Japan ($-981k or -54.2%), and Costa Rica ($-467k or -59%). In November 2024, the increase in Medical Furniture's year-by-year imports was explained primarily by an increase in imports from Canada ($2.74M or 35%), Japan ($1.04M or 64.7%), and Malaysia ($886k or 103%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-17.9M(-23.2%)
IMPORT GROWTH (November 2023 - November 2024)$17M(18.9%)
MAIN EXPORTER (November 2024)Michigan$20.8M
MAIN DESTINATION (November 2024)Canada$21M

This section shows Medical Furniture's exports and imports data at subnational level for United States. 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 (2023)$757M
IMPORTS (2023)$1.17B
NET TRADE (2023)-$418M

In 2023, United States exported $757M in Medical Furniture. The main destinations of United States exports on Medical Furniture were Canada ($244M), Netherlands ($105M), Australia ($53.2M), Mexico ($36.7M), and Saudi Arabia ($32.6M).

In 2023, United States imported $1.17B in Medical Furniture, mainly from China ($462M), Mexico ($161M), Canada ($151M), Germany ($123M), and Chinese Taipei ($83.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Medical Furniture EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$48.9M (25%)
Netherlands$32.1M (44.2%)
Saudi Arabia$12.3M (60.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Furniture BY United States WERE (2022 - 2023):
United Kingdom-$21.4M (-43.6%)
Kuwait-$7.18M (-59.4%)
China-$5.6M (-26.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Medical Furniture were:
China $1.39B
Germany $709M
In 2023, United States's main importing competitors in Medical Furniture were:
Germany $340M
Canada $333M

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Trade Value of Medical Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.66M
TOP IMPORT POTENTIALCanada+ $28.5M

Medical Furniture’s highest export potential is Germany. With an export gap of $7.66M.   Medical Furniture’s highest import potential is Canada with an import gap of $28.5M.

See methodology.

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