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2022
Exports $7.26BWorld Rnk 1 / 183
Flag Rnk 90 / 1216
2022
Destination $57.5M United States
2021 - 2022
FASTEST GROWING MARKET $57.5MSingapore
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances0.48Rnk 372 / 1025
2022
Imports $378MWorld Rnk 11 / 221
Flag Rnk 405 / 1212
2022
Origin $15.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $15.4MNew Zealand
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.26B in Therapeutic Appliances, making it the 1st largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 90th most exported product in China. The main destination of Therapeutic Appliances exports from China are: United States ($2.29B), South Korea ($473M), Japan ($428M), Germany ($400M), and United Kingdom ($262M).

The fastest growing export markets for Therapeutic Appliances of China between 2021 and 2022 were Singapore ($57.5M), Australia ($44.8M), and Vietnam ($40.1M).

Imports In 2022, China imported $378M in Therapeutic Appliances, becoming the 11th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 405th most imported product in China. China imports Therapeutic Appliances primarily from: Germany ($62.7M), United States ($60.5M), Australia ($47M), New Zealand ($44.1M), and Japan ($24.2M).

The fastest growing import markets in Therapeutic Appliances for China between 2021 and 2022 were New Zealand ($15.4M), Australia ($14.6M), and Chinese Taipei ($13.8M).

COMPANIES In 2023, leading companies such as CrimsonLogic (463), CSI Importers (91), and Yaheetech (74) were at the forefront of shipping Therapeutic Appliances from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Therapeutic Appliances exports accounted up to $512M and imports accounted up to $28.4M, resulting in a positive trade balance of $483M. Between November 2023 and November 2024 the exports of China's   Therapeutic Appliances have increased by $22M (4.5%) from $490M to $512M, while imports increased by $3.26M (12.9%) from $25.2M to $28.4M.

Destinations In November 2024, Therapeutic Appliances were exported mostly to United States ($162M), Japan ($32.9M), South Korea ($28.8M), Singapore ($23.3M), and Germany ($21.7M), and were imported mostly from Australia ($8.93M), Germany ($4.07M), United States ($3.37M), Austria ($2.93M), and New Zealand ($2.89M).

Growth In November 2024, the increase in Therapeutic Appliances's year-by-year exports was explained primarily by an increase in exports to Malaysia ($8.5M or 79.1%), Kazakhstan ($4.52M or 228%), and Singapore ($4.4M or 38.9%). In November 2024, the increase in Therapeutic Appliances's year-by-year imports was explained primarily by an increase in imports from Germany ($9.43M or 312%), New Zealand ($9.03M or 212%), and Australia ($5.44M or 268%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$22M(4.5%)
IMPORT GROWTH (November 2023 - November 2024)$3.26M(12.9%)
MAIN EXPORTER (November 2024)Guangdong Province$185M
MAIN DESTINATION (November 2024)United States$162M

This section shows Therapeutic Appliances'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 Therapeutic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.26B
IMPORTS (2022)$378M
NET TRADE (2022)$6.88B

In 2022, China exported $7.26B in Therapeutic Appliances. The main destinations of China exports on Therapeutic Appliances were United States ($2.29B), South Korea ($473M), Japan ($428M), Germany ($400M), and United Kingdom ($262M).

In 2022, China imported $378M in Therapeutic Appliances, mainly from Germany ($62.7M), United States ($60.5M), Australia ($47M), New Zealand ($44.1M), and Japan ($24.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$57.5M (41.2%)
Australia$44.8M (20.7%)
Vietnam$40.1M (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY China WERE (2021 - 2022):
India-$276M (-77%)
Hong Kong-$209M (-64.9%)
United Kingdom-$155M (-37.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Therapeutic Appliances were:
United States $1.93B
Singapore $1.49B
In 2022, China's main importing competitors in Therapeutic Appliances were:
United States $5.9B
Germany $1.31B
Netherlands $1.2B

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $85.4M
TOP IMPORT POTENTIALUnited States+ $19.7M

Therapeutic Appliances’s highest export potential is India. With an export gap of $85.4M.   Therapeutic Appliances’s highest import potential is United States with an import gap of $19.7M.

See methodology.

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