China's medical device foreign trade scale into the world's top three


Release time:

2018-08-08

China's medical device foreign trade scale into the world's top three

(From: China Business Intelligence Network)
According to world customs statistics, the world medical device trade in the first half of 2012 was 215.743 billion billion US dollars, down about 3.43 percent from the same period last year, mainly due to the European debt crisis and the economic slowdown in emerging economies. The growth rate of China's medical device trade was 25 percentage points lower than that of the same period, but the growth rate was more than double-digit (13.03) compared with developed countries such as Europe, America and Japan, making the ranking order in the world medical device trade after the European Union and the United States ranked third. 

China's medical device trade scale has entered the top ten, and it is the second Asian country except Japan. Especially in the first half of 2012, the cumulative trade share of the top ten countries reached 70.16, and China's medical device trade scale of US $13.83 billion ranked third. Among them, global imports of US $104.879 billion, China 5.702 billion US dollars, ranking fifth (after the United States, Germany, Japan and the Netherlands); global exports of US $110.914 billion, China 8.127 billion US dollars, ranking third (after the United States and Germany). 
In 2012, my country's total medical device trade reached US $30.062 billion billion, an increase of 13.03 percent year-on-year; of which, exports were US $17.59 billion; imports were US $12.472 billion; and the trade surplus was US $5.117 billion, an increase of 6.09 percent year-on-year. China imported from 103 countries and regions last yearMedicalImports of equipment for the whole year were 12.472 billion US dollars, up 14.56 percent year-on-year and down 27 percentage points compared with 2011. Europe is our country.Medical DevicesThe largest import market, with imports of US $4.695 billion, up 10.97 per cent year-on-year, accounting for 37.64 per cent; North America was the second largest market, with imports of US $4 billion, up 17.93 per cent year-on-year, accounting for 32.10 per cent; and Asia ranked third, with imports of US $3.471 billion per cent, up 19.71 per cent year-on-year, accounting for 27.83 per cent, with the share of the three continents reaching 97.57 per cent. Among them, ASEAN, the Middle East market import growth of 29.35 and 26.22, higher than other markets.