2022
Exports
$12BWorld Rnk 4 / 224
Flag Rnk 64 / 1216
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$10.1BWorld Rnk 4 / 225
Flag Rnk 28 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $12B in Medical Instruments, making it the 4th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 64th most exported product in China. The main destination of Medical Instruments exports from China are: United States ($2.52B), Japan ($726M), Germany ($692M), Hong Kong ($502M), and India ($442M).

The fastest growing export markets for Medical Instruments of China between 2021 and 2022 were United States ($167M), Russia ($106M), and United Kingdom ($58.2M).

Imports In 2022, China imported $10.1B in Medical Instruments, becoming the 4th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 28th most imported product in China. China imports Medical Instruments primarily from: United States ($3.72B), Germany ($1.49B), Japan ($1.08B), Netherlands ($601M), and Mexico ($357M).

The fastest growing import markets in Medical Instruments for China between 2021 and 2022 were Finland ($71.3M), Ireland ($68.5M), and Mexico ($28M).

COMPANIES In 2023, leading companies such as CNH Industrial (69), ZF Friedrichshafen (56), and Hilti Power Tools (34) were at the forefront of shipping Medical Instruments from China to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$147M(16.5%)
IMPORT GROWTH (November 2023 - November 2024)$-29.3M(-3.12%)
MAIN EXPORTER (November 2024)Guangdong Province$357M
MAIN DESTINATION (November 2024)United States$229M

This section shows Medical Instruments'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 Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12B
IMPORTS (2022)$10.1B
NET TRADE (2022)$1.9B

In 2022, China exported $12B in Medical Instruments. The main destinations of China exports on Medical Instruments were United States ($2.52B), Japan ($726M), Germany ($692M), Hong Kong ($502M), and India ($442M).

In 2022, China imported $10.1B in Medical Instruments, mainly from United States ($3.72B), Germany ($1.49B), Japan ($1.08B), Netherlands ($601M), and Mexico ($357M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$167M (7.11%)
Russia$106M (35.7%)
United Kingdom$58.2M (18.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY China WERE (2021 - 2022):
Hong Kong-$148M (-22.8%)
Eswatini-$46.6M (-99.6%)
China-$21.8M (-29.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Medical Instruments were:
In 2022, China's main importing competitors in Medical Instruments were:

Explore Visualizations

Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $674M
TOP IMPORT POTENTIALMexico+ $320M

Medical Instruments’s highest export potential is United States. With an export gap of $674M.   Medical Instruments’s highest import potential is Mexico with an import gap of $320M.

See methodology.

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