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Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight testing instruments

9018 (Harmonized System 1992 for 4-digit)

2023
World Trade $167BRnk 17 / 1217
2023
Top Exporter | Top Importer $34.8B | $37.7BUnited States | United States
2023
Product Complexity 0.67Rnk 299 / 1044
2022 - 2023
Export Growth (CAGR) 7.85%Rnk 194 / 1217
2023
Share of World Trade 0.74%Rnk 17 / 1217

About

Overview This page contains the latest trade data of Medical Instruments. In 2023, Medical Instruments were the world's 17th most traded product, with a total trade of $167B. Between 2022 and 2023 the exports of Medical Instruments grew by 7.85%, from $155B to $167B. Trade in Medical Instruments represent 0.74% of total world trade.

Medical Instruments are a part of Optical, photo, & film equipment; medical instruments. They include Medical & Scientific Instruments (n.e.s.), Needles, catheters, cannulae etc, (medical), Electro-diagnostic apparatus, nes, Syringes, with or without needles, Dental Instruments/Appliances, Ophthalmic instruments and appliances, Tubular metal needles and needles for sutures, Electro-cardiographs, Dental drill engines, and Ultra-violet or infra-red ray apparatus, among others.

Exports In 2023 the top exporters of Medical Instruments  were United States ($34.8B), Germany ($18.4B), Mexico ($17.6B), China ($12.3B), and Netherlands ($9.38B).

Imports In 2023 the top importers of Medical Instruments were United States ($37.7B), Netherlands ($14.1B), Germany ($13.1B), China ($10.6B), and Japan ($6.47B).

Ranking Medical Instruments ranks 299th in the Product Complexity Index (PCI).

Description Instruments and appliances used in medical, surgical, dental or veterinary sciences are used to help diagnose diseases. They can be made from a variety of materials, including stainless steel, plastic, and glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Medical Instruments. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$34.8B
Top Destination (2023)United States$37.7B

In 2023 Medical Instruments were the world's 17th most traded product (out of 1,217).

In 2023, the top exporters of Medical Instruments were United States ($34.8B), Germany ($18.4B), Mexico ($17.6B), China ($12.3B), and Netherlands ($9.38B).

In 2023, the top importers of Medical Instruments were United States ($37.7B), Netherlands ($14.1B), Germany ($13.1B), China ($10.6B), and Japan ($6.47B).

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Exporters of Medical Instruments (2023)
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Importers of Medical Instruments (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$3.29B
Top Destination Growth (2022 -  2023)United States$2.95B

Between 2022 and 2023, the exports of Medical Instruments grew the fastest in United States ($3.29B), Mexico ($1.9B), Netherlands ($1.72B), Ireland ($1.32B), and Germany ($1.28B).

Between 2022 and 2023, the fastest growing importers of Medical Instruments were United States ($2.95B), Netherlands ($1.99B), Germany ($1.22B), Italy ($776M), and Mexico ($659M).

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Exporters of Medical Instruments (2022 - 2023)

Importers of Medical Instruments (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Medical Instruments.

In 2023, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Medical Instruments are explained by 20 countries.

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Value of Exports in Medical Instruments

Net Trade

TOP NET EXPORTER (2023)Mexico$13B
TOP NET IMPORTER (2023)Netherlands$4.74B

This map shows which countries export or import more of Medical Instruments. Each country is colored based on the difference in exports and imports of Medical Instruments during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Medical Instruments were Mexico ($13B), Ireland ($7.16B), Germany ($5.36B), Costa Rica ($5.16B), and Dominican Republic ($1.93B).

In 2023, the countries that had a largest trade value in imports than in exports of Medical Instruments were Netherlands ($4.74B), United States ($2.88B), France ($2.5B), Australia ($2.5B), and Spain ($2.5B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Medical Instruments, disaggragated by their HS6 level were Medical & Scientific Instruments (n.e.s.) ($73.8B), Needles, catheters, cannulae etc, (medical) ($35.8B), Electro-diagnostic apparatus, nes ($30.5B), Syringes, with or without needles ($7.58B), and Dental Instruments/Appliances ($6.58B)

HS6 Disaggregation for Medical Instruments (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Medical Instruments.
It is possible to select the main countries that export or import Medical Instruments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Medical Instruments by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $591M
TOP IMPORT POTENTIALChina+ $122M

Medical Instruments’s highest export potential is United States. With an export gap of $591M.  Medical Instruments’s highest import potential is China with an import gap of $122M.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Medical Instruments.

Country by Relatedness

The following visualization shows the relatedness of Medical Instruments to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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