my country's medical device foreign trade surplus continues

In the first half of 2010, the import and export of medical devices in my country increased significantly year-on-year. It is expected to maintain an increase of more than 15% throughout the year, and the total amount will exceed 20 billion US dollars.

According to the statistics of the Medical Insurance Chamber of Commerce, in the first half of 2010, my country's total import and export of medical devices reached 10.088 billion US dollars, a year-on-year increase of 27.50%. Among them, the export value was 6.573 billion US dollars, a year-on-year increase of 26.86%; the import value was 3.515 billion US dollars, a year-on-year increase of 28.15% . On the whole, in the first half of 2010, my country's medical device foreign trade continued to maintain a large surplus, the growth rate of exports was slightly lower than the growth rate of imports by 1.29 percentage points, and the cumulative trade surplus reached 3.058 billion US dollars.

Exports: increased by 40%, with strong stamina

Export value: In the first half of 2010, the average monthly export value of my country's medical equipment was 1.096 billion US dollars, and the highest monthly export value reached 1.297 billion US dollars in June, a year-on-year increase of 40.84%, showing that the export potential is full. In terms of trade, general trade accounted for 60.44%, and processing trade accounted for 34.7%, with little change compared with the same period in 2009.

Export enterprises: In the first half of the year, there were 17,600 enterprises operating 99 kinds (categories) of medical devices in China, which were exported to 215 countries and regions. The top 200 enterprises in terms of export value accounted for 44.69% of the total export value of medical devices, with a high degree of concentration. Export has become an important driving force to promote the development of my country's medical device industry. Although the export market of medical devices is constantly expanding, the products of domestic medical device manufacturers generally have low technical content, and their competitiveness is worrying. Among the top 10 export enterprises, there are 7 foreign-funded and joint ventures, from the entire In terms of the composition of export enterprises, foreign capital and joint ventures are the main force of domestic medical device exports.

Three major markets: In the first half of 2010, Asia, Europe and North America were still the main export markets for my country's medical devices, and the corresponding export values ​​were 2.164 billion US dollars, 1.838 billion US dollars and 1.878 billion US dollars, accounting for 89.45%. Exports to the Asian market increased by 30.53% year-on-year, of which, due to the "zero tariff" of the China-ASEAN Free Trade Area, exports to ASEAN increased significantly by 86.25% year-on-year. Exports to the European and North American markets increased by 22.61% and 24.79% year-on-year respectively. The development of the African market has achieved good results, and the export value was 234 million US dollars, a year-on-year increase of 45.04%. The United States, Japan and Germany are the top three traditional markets for my country's medical device exports, accounting for 44.03% in the first half of 2010.

1. American market. In the first half of the year, my country's medical device exports to the US market amounted to US$1.793 billion, a year-on-year increase of 25.09%, accounting for 27.28% of my country's medical device exports during the same period. The top five products are mainly: "glasses and other items not listed for vision correction, eye protection, etc.", "X-ray examination contrast agents, diagnostic reagents for patients", "other medical, surgical or veterinary use." Instruments and appliances”, “medicated cotton gauze bandages”, “X-ray generators, etc., inspection furniture, etc.” accounted for 22.39% of the total amount of medical devices exported to the US market.

A total of 5,727 companies across the country have exported medical devices to the US market, including General Electric Pharmaceuticals (Shanghai) Co., Ltd., Jabil Technology (Shanghai) Co., Ltd., Shijiazhuang Hongxin Rubber Products Co., Ltd., Shenzhen Baoan Foreign Economic Development Co., Ltd. and Shenzhen Mindray Biomedical Electronics Co., Ltd. ranks among the top 5 in the amount of medical devices exported to the US market, accounting for 12.06%.

2. Japanese market. In the first half of the year, the amount of medical devices exported from my country to the Japanese market was 693 million US dollars, a year-on-year increase of 13.63%, accounting for 10.54% of my country's medical device exports during the same period. The top five products are: "Massage equipment", "Other needles, catheters, cannulas and the like", "X-ray generators, etc., examination furniture, etc.", "Medicated cotton gauze bandages", "Blood pressure measurement" Instruments and appliances”, accounting for 36.72% of the total amount of medical equipment exported to the Japanese market.

A total of 3,135 companies in the country export medical devices to the Japanese market. Terumo Medical Products (Hangzhou) Co., Ltd., Omron (Dalian) Co., Ltd., Hangwei GE Medical Systems Co., Ltd., Toshiba Dalian Co., Ltd. and Fameili Health Equipment (Shanghai) Co., Ltd. ranks among the top 5 in the amount of medical devices exported to the Japanese market, accounting for 16.97%.

3. The German market. In the first half of the year, the amount of medical devices exported from my country to the German market was US$408 million, a year-on-year increase of 13.07%, accounting for 6.21% of my country's medical device exports during the same period. The top five products are: "Other needles, catheters, cannulas and the like", "Weight scales including baby scales, household scales", "Massage appliances", "Medicated cotton gauze bandages", "X-ray generators" etc., and inspection furniture”, accounting for 27.57% of the total amount of medical equipment exported to the German market.

A total of 3,018 companies operating medical devices are exported to the German market, including Shanghai Siemens Medical Devices Co., Ltd., Klinic Medical Devices (Nanchang) Co., Ltd., Shanghai Dräger Medical Devices Co., Ltd., Unicorn Hearing Technology (Suzhou) Co., Ltd. and Bauermann (Qingdao) Medical Equipment Co., Ltd. ranks among the top 5 in terms of the amount of medical equipment exported to the German market, accounting for 14.7%.

Import: European medical equipment has an absolute advantage

In the first half of 2010, my country imported medical devices from 93 countries and regions. Europe is the largest import market for medical devices, accounting for 38.59%, of which Germany, Switzerland, Ireland, France, the Netherlands, and the United Kingdom account for the majority of medical devices in my country. Six of the top ten trading partners for equipment imports are the United States, Japan, South Korea and Mexico, and the other four are occupied.

Importing enterprises: In the first half of 2010, there were 7,790 enterprises in the country engaged in the import of medical equipment. Among them, Medtronic Medical Products Technical Service (Shanghai) Co., Ltd., Shanghai Sankai Import and Export Co., Ltd., Shanghai Xiegu Import and Export Trading Co., Ltd., China Medical Equipment Technology Service Company and St. Jude Medical Supplies (Shanghai) Co., Ltd. ranked the top 5 in terms of the import value of medical equipment, accounting for 8.76%.

Products with an import value of over 100 million US dollars: In the first half of 2010, there were 9 products with an imported medical device value of 100 million US dollars, with a total import value of 1.894 billion US dollars, a year-on-year increase of 24.47%. The top three products are: "Other medical, surgical or veterinary X-ray application equipment", "Other devices worn or implanted in the human body to compensate for physical defects", "Other medical, surgical or veterinary instruments and appliance".

Second half of the year: huge market space

Looking at the export trend of my country's medical equipment in the first half of 2010, while maintaining the comparative advantage and competitiveness of small and medium-sized medical equipment exports, the export of some high-tech medical equipment products and high value-added products is also growing steadily, making my country's medical equipment in the market. There is more room for development in the international market.

However, we must see that in the first half of 2010, the significant year-on-year growth of my country's medical device imports and exports is related to the fact that my country's medical device foreign trade was affected by the international financial crisis in the same period last year, resulting in a small comparison base, so it is still a recovery growth.

In addition, some factors that affect the growth of exports cannot be ignored. For example, the continuous appreciation of the RMB will directly weaken the competitiveness of my country's medical devices in the international market. The price of raw materials continues to rise sharply, and the tight supply of coal, electricity and oil will affect the normal production and contract performance capabilities of enterprises. Although trade protectionism is not the mainstream, the problem of trade friction is becoming more and more prominent, and the forms of friction are becoming more and more diversified, all of which increase the uncertainties in my country's medical device exports. It is estimated that in 2010, my country's import and export of medical devices is still expected to maintain an increase of more than 15%, and the total import and export of medical devices will exceed 20 billion US dollars.