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Medical instruments: top exporters and importers (2024)

In 2024, world trade in medical instruments totaled $174.6 billion (4.7 million tonnes). The top exporters were the United States (20%), Mexico (11%) and Germany (10%); the top importers were the United States (23%), the Netherlands (8%) and Germany (8%). Compared with 2019, the value rose 32%.

Summary

World trade
$174.6billion
Tonnes
4.7million tonnes
Price per tonne
$37,032
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. United States$35.2 billion · 20.2%
    see destinations
  2. Mexico$19 billion · 10.9%
    see destinations
  3. Germany$18.2 billion · 10.4%
    see destinations
  4. China$13.6 billion · 7.8%
    see destinations
  5. Ireland$10.7 billion · 6.1%
    see destinations
  6. Netherlands$8 billion · 4.6%
    re-exports · see destinations
  7. Japan$7.4 billion · 4.3%
    see destinations
  8. Costa Rica$7.4 billion · 4.2%
    see destinations
  9. Switzerland$4.9 billion · 2.8%
    see destinations
  10. France$3.9 billion · 2.2%
    see destinations
  11. Malaysia$3.9 billion · 2.2%
    see destinations
  12. Italy$3.3 billion · 1.9%
    see destinations
  13. United Kingdom$3 billion · 1.7%
    see destinations
  14. South Korea$2.8 billion · 1.6%
    see destinations
  15. Israel$2.7 billion · 1.5%
    see destinations
  16. Belgium$2.6 billion · 1.5%
    re-exports · see destinations
  17. Dominican Republic$2.6 billion · 1.5%
    see destinations
  18. Singapore$2.2 billion · 1.3%
    re-exports · see destinations
  19. Vietnam$1.7 billion · 0.99%
    see destinations
  20. Poland$1.6 billion · 0.9%
    see destinations

Top importers

  1. United States$40.9 billion · 23.4%
    see sources
  2. Netherlands$14.6 billion · 8.4%
    re-exports · see sources
  3. Germany$13.6 billion · 7.8%
    see sources
  4. China$9.9 billion · 5.7%
    see sources
  5. Japan$6.8 billion · 3.9%
    see sources
  6. France$6.5 billion · 3.7%
    see sources
  7. Mexico$5.1 billion · 2.9%
    see sources
  8. United Kingdom$4.9 billion · 2.8%
    see sources
  9. Belgium$4.7 billion · 2.7%
    re-exports · see sources
  10. Italy$4.5 billion · 2.6%
    see sources
  11. Canada$3.9 billion · 2.3%
    see sources
  12. Spain$3.4 billion · 2%
    see sources
  13. Switzerland$3 billion · 1.7%
    see sources
  14. Australia$2.8 billion · 1.6%
    see sources
  15. South Korea$2.7 billion · 1.5%
    see sources
  16. India$2.6 billion · 1.5%
    see sources
  17. Singapore$2.5 billion · 1.4%
    re-exports · see sources
  18. Russia$2.1 billion · 1.2%
    see sources
  19. Ireland$2.1 billion · 1.2%
    see sources
  20. Brazil$2 billion · 1.2%
    see sources

Trend

Who sells it

The United States was the top exporter throughout the period

Value in USD billions. The five largest exporters in 2024.

  • United States 35.2
  • Mexico 19
  • Germany 18.2
  • China 13.6
  • Ireland 10.7

Source: CEPII BACI

Show the numbers
Country19952024
United States6.335.2
Mexico0.3919
Germany3.418.2
China0.213.6
Ireland0.6310.7

Price

Implied price

The price per tonne rose 9% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $37,032

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$33,996
1996$36,893
1997$36,685
1998$39,065
1999$36,127
2000$45,811
2001$45,131
2002$39,529
2003$33,902
2004$45,164
2005$56,615
2006$56,380
2007$49,873
2008$51,842
2009$46,323
2010$56,136
2011$41,194
2012$46,052
2013$40,488
2014$21,241
2015$45,852
2016$49,591
2017$52,312
2018$51,978
2019$53,707
2020$33,194
2021$36,829
2022$38,682
2023$39,603
2024$37,032

What it includes

  • 9018 · Medical and dental instruments

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

See all products