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    Home > Medical News > Latest Medical News > Medical device exports fell by 31%, why?

    Medical device exports fell by 31%, why?

    • Last Update: 2022-03-09
    • Source: Internet
    • Author: User
    Tags

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    01.
    General situation
     
    In 2021, China's total foreign trade in medical devices will reach US$134.
    94 billion, a year-on-year decrease of 18.
    8%
    .
    Among them, the import value was 50.
    21 billion US dollars, a year-on-year increase of 18.
    4%; the export value was 84.
    73 billion US dollars, a decrease of 31.
    5%
    .
     
    Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    02.
    Segmentation
     
    　　The growth rate of IVD reagent import and export ranks first
     
    　　Among the sub-categories, the total trade volume of medical consumables was the highest at US$57.
    44 billion, accounting for 43.
    3%; the total trade volume of oral equipment and materials was the lowest, at US$2.
    64 billion, accounting for 2.
    0%
    .
    In terms of imports, the highest trade volume was IVD reagents, at US$14.
    22 billion, a year-on-year increase of 28.
    2%; followed by medical consumables at US$11.
    7 billion; the lowest was medical dressings, at US$600 million, a year-on-year increase of 37.
    6%; of which the largest increase was For IVD equipment, the increase is nearly 50%
    .
     
    　　In terms of exports, the export value of medical consumables was US$46.
    72 billion, with the most obvious decline, down 50.
    4% year-on-year; while IVD reagents became the fastest-growing category, up 151.
    7% year-on-year
    .
    In 2021, the emergence of new mutant virus strains in the world, further promotion of home self-test products overseas, and expansion of overseas new crown testing market, provide strong support for exports.
    At the same time , the new coronavirus antigen detection kits of many domestic enterprises will also be launched overseas in 2021.
    Qualification, driving the export growth rate of IVD reagents
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　03.
    Analysis of key commodities
     
    　　The trade volume of anti-epidemic materials has dropped significantly
     
    　　With the normalization of global epidemic prevention and control, the demand for import and export of epidemic prevention materials such as masks and medical protective clothing has declined
    .
    The import value of medical protective clothing was 30 million US dollars, a year-on-year decrease of 93.
    0%, the largest decline; the export value of medical masks was 12.
    96 billion US dollars, a year-on-year decrease of 75.
    95%
     
    　　In addition, the import value of diagnostic reagents (including new coronavirus detection reagents) in 2021 will be 1.
    76 billion US dollars, a year-on-year increase of 25.
    6%; the export value of thermometers will be 990 million US dollars, a simultaneous decrease of 59.
    3%
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　04.
    Analysis of trading partners
     
    　　1.
    Key countries
     
    　　Import market: the United States tops
     
    　　In the import market, the United States, Germany, Japan and other countries are the main sources
    .
    Among them, the import value of the United States reached 12.
    09 billion US dollars, accounting for 24.
    1%, a year-on-year increase of 19.
    5%
    .
    The largest year-on-year increase was in Singapore, reaching 61.
    5%, and the import value was US$1.
    40 billion, accounting for 2.
    8%
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Export market: exports to India increased by 48%
     
    　　In terms of export markets, the main export destinations are the United States, Germany, the United Kingdom and Japan
    .
    Among them, the total export value to the United States was the highest at US$21.
    08 billion, accounting for 24.
    9%, down 35.
    7% year-on-year
    .
    India has the largest increase in the top ten export markets, with a year-on-year increase of 48.
    2% in export value, with an export value of US$2.
    04 billion, accounting for 2.
    4%
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　2.
    "One Belt, One Road" countries
     
    　　Imports exceed US$8 billion
     
    　　In 2021, China's total imports of medical devices from countries along the "Belt and Road" will reach 8.
    007 billion US dollars, a year-on-year increase of 20.
    6%
    .
    The main importing countries are Singapore, South Korea, Malaysia, Austria, Israel and other places
    .
    Singapore had the highest import value at US$1.
    39 billion, a year-on-year increase of 61.
    4%, accounting for 17.
    4%
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Exports amounted to US$24 billion
     
    　　In 2021, China's exports of medical devices to countries along the "Belt and Road" totaled US$24.
    11 billion, a year-on-year decrease of 24.
    4%
    .
    The main exporting countries are South Korea, Italy, Indonesia, Thailand, Vietnam and other places
    .
    South Korea was the country with the highest export value at $1.
    7 billion, down 17.
    3% year-on-year
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　05.
    Trade analysis of various provinces
     
    　　Shanghai's import share accounts for nearly 50% of the country's
     
    　　Judging from the trade data of import customs ports across the country, in 2021, Shanghai, Beijing, and Guangdong Province will rank among the top three in terms of medical device imports in the country
    .
    Among them, the import value of Shanghai reached 24.
    98 billion US dollars, a year-on-year increase of 24.
    0%, accounting for 49.
    7%, followed by Beijing and Guangdong Province, with import value and proportion of 9.
    68 billion and 4.
    54 billion US dollars, 19.
    3% and 9.
    0% respectively
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Guangdong Province ranks first in export scale
     
    　　From the trade data of national export customs ports, Guangdong Province is the province with the highest export value of medical devices in China in 2021, reaching US$17.
    43 billion, a year-on-year decrease of 42.
    7%, accounting for 20.
    6% of the country
    .
    Zhejiang Province and Jiangsu Province ranked second and third, with export value of 15.
    56 billion US dollars and 12.
    2 billion US dollars respectively, down 24.
    5% and 27.
    4% year-on-year, accounting for 18.
    4% and 14.
    4% respectively
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Epilogue
     
    　　In 2021, the foreign trade volume of China's medical devices will decrease slightly compared with the same period in 2020
    .
    Affected by the normalization of the prevention and control of the new crown epidemic, the demand for epidemic prevention materials such as masks and medical protective clothing has declined, and the trade volume has dropped significantly
    .
    The export of domestically produced medical devices is still dominated by low-end products, and medium and high-end products are gradually infiltrating
    .
    　　01.
    General situation
     
    　　In 2021, China's total foreign trade in medical devices will reach US$134.
    94 billion, a year-on-year decrease of 18.
    8%
    .
    Among them, the import value was 50.
    21 billion US dollars, a year-on-year increase of 18.
    4%; the export value was 84.
    73 billion US dollars, a decrease of 31.
    5%
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　02.
    Segmentation
     
    　　The growth rate of IVD reagent import and export ranks first
     
    　　Among the sub-categories, the total trade volume of medical consumables was the highest at US$57.
    44 billion, accounting for 43.
    3%; the total trade volume of oral equipment and materials was the lowest, at US$2.
    64 billion, accounting for 2.
    0%
    .
    In terms of imports, the highest trade volume was IVD reagents, at US$14.
    22 billion, a year-on-year increase of 28.
    2%; followed by medical consumables at US$11.
    7 billion; the lowest was medical dressings, at US$600 million, a year-on-year increase of 37.
    6%; of which the largest increase was For IVD equipment, the increase is nearly 50%
    .
     
    　　In terms of exports, the export value of medical consumables was US$46.
    72 billion, with the most obvious decline, down 50.
    4% year-on-year; while IVD reagents became the fastest-growing category, up 151.
    7% year-on-year
    .
    In 2021, the emergence of new mutant virus strains in the world, further promotion of home self-test products overseas, and expansion of overseas new crown testing market, provide strong support for exports.
    At the same time , the new coronavirus antigen detection kits of many domestic enterprises will also be launched overseas in 2021.
    Qualification, driving the export growth rate of IVD reagents
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　03.
    Analysis of key commodities
     
    　　The trade volume of anti-epidemic materials has dropped significantly
     
    　　With the normalization of global epidemic prevention and control, the demand for import and export of epidemic prevention materials such as masks and medical protective clothing has declined
    .
    The import value of medical protective clothing was 30 million US dollars, a year-on-year decrease of 93.
    0%, the largest decline; the export value of medical masks was 12.
    96 billion US dollars, a year-on-year decrease of 75.
    95%
     
    　　In addition, the import value of diagnostic reagents (including new coronavirus detection reagents) in 2021 will be 1.
    76 billion US dollars, a year-on-year increase of 25.
    6%; the export value of thermometers will be 990 million US dollars, a simultaneous decrease of 59.
    3%
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　04.
    Analysis of trading partners
     
    　　1.
    Key countries
     
    　　Import market: the United States tops
     
    　　In the import market, the United States, Germany, Japan and other countries are the main sources
    .
    Among them, the import value of the United States reached 12.
    09 billion US dollars, accounting for 24.
    1%, a year-on-year increase of 19.
    5%
    .
    The largest year-on-year increase was in Singapore, reaching 61.
    5%, and the import value was US$1.
    40 billion, accounting for 2.
    8%
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Export market: exports to India increased by 48%
     
    　　In terms of export markets, the main export destinations are the United States, Germany, the United Kingdom and Japan
    .
    Among them, the total export value to the United States was the highest at US$21.
    08 billion, accounting for 24.
    9%, down 35.
    7% year-on-year
    .
    India has the largest increase in the top ten export markets, with a year-on-year increase of 48.
    2% in export value, with an export value of US$2.
    04 billion, accounting for 2.
    4%
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　2.
    "One Belt, One Road" countries
     
    　　Imports exceed US$8 billion
     
    　　In 2021, China's total imports of medical devices from countries along the "Belt and Road" will reach 8.
    007 billion US dollars, a year-on-year increase of 20.
    6%
    .
    The main importing countries are Singapore, South Korea, Malaysia, Austria, Israel and other places
    .
    Singapore had the highest import value at US$1.
    39 billion, a year-on-year increase of 61.
    4%, accounting for 17.
    4%
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Exports amounted to US$24 billion
     
    　　In 2021, China's exports of medical devices to countries along the "Belt and Road" totaled US$24.
    11 billion, a year-on-year decrease of 24.
    4%
    .
    The main exporting countries are South Korea, Italy, Indonesia, Thailand, Vietnam and other places
    .
    South Korea was the country with the highest export value at $1.
    7 billion, down 17.
    3% year-on-year
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　05.
    Trade analysis of various provinces
     
    　　Shanghai's import share accounts for nearly 50% of the country's
     
    　　Judging from the trade data of import customs ports across the country, in 2021, Shanghai, Beijing, and Guangdong Province will rank among the top three in terms of medical device imports in the country
    .
    Among them, the import value of Shanghai reached 24.
    98 billion US dollars, a year-on-year increase of 24.
    0%, accounting for 49.
    7%, followed by Beijing and Guangdong Province, with import value and proportion of 9.
    68 billion and 4.
    54 billion US dollars, 19.
    3% and 9.
    0% respectively
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Guangdong Province ranks first in export scale
     
    　　From the trade data of national export customs ports, Guangdong Province is the province with the highest export value of medical devices in China in 2021, reaching US$17.
    43 billion, a year-on-year decrease of 42.
    7%, accounting for 20.
    6% of the country
    .
    Zhejiang Province and Jiangsu Province ranked second and third, with export value of 15.
    56 billion US dollars and 12.
    2 billion US dollars respectively, down 24.
    5% and 27.
    4% year-on-year, accounting for 18.
    4% and 14.
    4% respectively
    .
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Epilogue
     
    　　In 2021, the foreign trade volume of China's medical devices will decrease slightly compared with the same period in 2020
    .
    Affected by the normalization of the prevention and control of the new crown epidemic, the demand for epidemic prevention materials such as masks and medical protective clothing has declined, and the trade volume has dropped significantly
    .
    The export of domestically produced medical devices is still dominated by low-end products, and medium and high-end products are gradually infiltrating
    .
    　　01.
    General situation
    　　01.
    General situation
     
    　　In 2021, China's total foreign trade in medical devices will reach US$134.
    94 billion, a year-on-year decrease of 18.
    8%
    .
    Among them, the import value was 50.
    21 billion US dollars, a year-on-year increase of 18.
    4%; the export value was 84.
    73 billion US dollars, a decrease of 31.
    5%
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　02.
    Segmentation
    　　02.
    Segmentation
     
    　　The growth rate of IVD reagent import and export ranks first
    　　The growth rate of IVD reagent import and export ranks first
     
    　　Among the sub-categories, the total trade volume of medical consumables was the highest at US$57.
    44 billion, accounting for 43.
    3%; the total trade volume of oral equipment and materials was the lowest, at US$2.
    64 billion, accounting for 2.
    0%
    .
    In terms of imports, the highest trade volume was IVD reagents, at US$14.
    22 billion, a year-on-year increase of 28.
    2%; followed by medical consumables at US$11.
    7 billion; the lowest was medical dressings, at US$600 million, a year-on-year increase of 37.
    6%; of which the largest increase was For IVD equipment, the increase is nearly 50%
    .
     
    　　In terms of exports, the export value of medical consumables was US$46.
    72 billion, with the most obvious decline, down 50.
    4% year-on-year; while IVD reagents became the fastest-growing category, up 151.
    7% year-on-year
    .
    In 2021, the emergence of new mutant virus strains in the world, further promotion of home self-test products overseas, and expansion of overseas new crown testing market, provide strong support for exports.
    At the same time , the new coronavirus antigen detection kits of many domestic enterprises will also be launched overseas in 2021.
    Qualification, driving the export growth rate of IVD reagents
    .
    enterprise enterprise enterprise
     
    　
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　03.
    Analysis of key commodities
    　　03.
    Analysis of key commodities
     
    　　The trade volume of anti-epidemic materials has dropped significantly
    　　The trade volume of anti-epidemic materials has dropped significantly
     
    　　With the normalization of global epidemic prevention and control, the demand for import and export of epidemic prevention materials such as masks and medical protective clothing has declined
    .
    The import value of medical protective clothing was 30 million US dollars, a year-on-year decrease of 93.
    0%, the largest decline; the export value of medical masks was 12.
    96 billion US dollars, a year-on-year decrease of 75.
    95%
     
    　　In addition, the import value of diagnostic reagents (including new coronavirus detection reagents) in 2021 will be 1.
    76 billion US dollars, a year-on-year increase of 25.
    6%; the export value of thermometers will be 990 million US dollars, a simultaneous decrease of 59.
    3%
    .
     
    　　
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　04.
    Analysis of trading partners
    　　04.
    Analysis of trading partners
     
    　　1.
    Key countries
    　　1.
    Key countries
     
    　　Import market: the United States tops
    　　Import market: the United States tops
     
    　　In the import market, the United States, Germany, Japan and other countries are the main sources
    .
    Among them, the import value of the United States reached 12.
    09 billion US dollars, accounting for 24.
    1%, a year-on-year increase of 19.
    5%
    .
    The largest year-on-year increase was in Singapore, reaching 61.
    5%, and the import value was US$1.
    40 billion, accounting for 2.
    8%
    .
     
    　
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Export market: exports to India increased by 48%
    　　Export market: exports to India increased by 48%
     
    　　In terms of export markets, the main export destinations are the United States, Germany, the United Kingdom and Japan
    .
    Among them, the total export value to the United States was the highest at US$21.
    08 billion, accounting for 24.
    9%, down 35.
    7% year-on-year
    .
    India has the largest increase in the top ten export markets, with a year-on-year increase of 48.
    2% in export value, with an export value of US$2.
    04 billion, accounting for 2.
    4%
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　2.
    "One Belt, One Road" countries
    　　2.
    "One Belt, One Road" countries
     
    　　Imports exceed US$8 billion
    　　Imports exceed US$8 billion
     
    　　In 2021, China's total imports of medical devices from countries along the "Belt and Road" will reach 8.
    007 billion US dollars, a year-on-year increase of 20.
    6%
    .
    The main importing countries are Singapore, South Korea, Malaysia, Austria, Israel and other places
    .
    Singapore had the highest import value at US$1.
    39 billion, a year-on-year increase of 61.
    4%, accounting for 17.
    4%
    .
     
    　
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Exports amounted to US$24 billion
    　　Exports amounted to US$24 billion
     
    　　In 2021, China's exports of medical devices to countries along the "Belt and Road" totaled US$24.
    11 billion, a year-on-year decrease of 24.
    4%
    .
    The main exporting countries are South Korea, Italy, Indonesia, Thailand, Vietnam and other places
    .
    South Korea was the country with the highest export value at $1.
    7 billion, down 17.
    3% year-on-year
    .
    medical device medical device medical device
     
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　05.
    Trade analysis of various provinces
    　　05.
    Trade analysis of various provinces
     
    　　Shanghai's import share accounts for nearly 50% of the country's
    　　Shanghai's import share accounts for nearly 50% of the country's
     
    　　Judging from the trade data of import customs ports across the country, in 2021, Shanghai, Beijing, and Guangdong Province will rank among the top three in terms of medical device imports in the country
    .
    Among them, the import value of Shanghai reached 24.
    98 billion US dollars, a year-on-year increase of 24.
    0%, accounting for 49.
    7%, followed by Beijing and Guangdong Province, with import value and proportion of 9.
    68 billion and 4.
    54 billion US dollars, 19.
    3% and 9.
    0% respectively
    .
     
    　　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Guangdong Province ranks first in export scale
    　　Guangdong Province ranks first in export scale
     
    　　From the trade data of national export customs ports, Guangdong Province is the province with the highest export value of medical devices in China in 2021, reaching US$17.
    43 billion, a year-on-year decrease of 42.
    7%, accounting for 20.
    6% of the country
    .
    Zhejiang Province and Jiangsu Province ranked second and third, with export value of 15.
    56 billion US dollars and 12.
    2 billion US dollars respectively, down 24.
    5% and 27.
    4% year-on-year, accounting for 18.
    4% and 14.
    4% respectively
    .
     
    　
    　
    　　Data source: General Administration of Customs of China, Zhongcheng Digital Division (formerly Zhongcheng Medical Equipment)
     
    　　Epilogue
    　　Epilogue
     
    　　In 2021, the foreign trade volume of China's medical devices will decrease slightly compared with the same period in 2020
    .
    Affected by the normalization of the prevention and control of the new crown epidemic, the demand for epidemic prevention materials such as masks and medical protective clothing has declined, and the trade volume has dropped significantly
    .
    The export of domestically produced medical devices is still dominated by low-end products, and medium and high-end products are gradually infiltrating
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.
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