Panoramic Analysis of China's Foreign Trade in Medical Devices in 2015

Release time:2017-07-18

According to the statistics of China Customs, the total trade volume of China's medical devices in 2015 reached 38.489 billion US dollars, an increase of 7.53% year on year, and the growth rate increased by 3.21 percentage points year on year. Among them, the export volume was US $21.17 billion, with a year-on-year growth of 5.73% and a year-on-year growth rate of 2.17%; The import volume was 17.319 billion US dollars, with a year-on-year growth of 9.81% and a year-on-year growth rate of 4.49 percentage points.
 
Import profile
 
94% in Europe, North America and Asia
 
In 2015, China imported medical devices from 108 countries or regions. From the perspective of markets on all continents, Europe is the largest source of imports, accounting for 36.96%, down 2.16% year on year. China's import to the EU was 5.756 billion US dollars, up 4.36% year on year. North America is the second largest market, accounting for 33.03%, up 0.77% year on year. Asia ranked third, accounting for 24.27%, down 0.37% year on year. China's imports to ASEAN reached 887 million US dollars, up 6.96% year on year. Imports to the Middle East amounted to US $299 million, up 53.61% year on year. Europe, North America and Asia accounted for 94.26%, down 1.76% year on year.
 
The import volume of 43 varieties exceeded 100 million US dollars
 
In 2015, there were 43 varieties of medical devices with an import volume of more than US $100 million, an increase of 8 varieties on a year-on-year basis. Among them, general diagnosis and treatment equipment, color ultrasonic diagnostic apparatus, rehabilitation appliances to remedy physiological defects, X-ray tomography, endoscopy, nuclear magnetic resonance imaging devices, etc. are the main imported products.
 
The number of import enterprises exceeds 12000
 
In 2015, there were 12279 enterprises engaged in the import business of medical devices. Among them, 291 enterprises imported more than US $10 million, an increase of 8 on a year-on-year basis; There were 27 companies with import volume exceeding 100 million US dollars, up 6 companies year on year. The leading import enterprises include Johnson&Johnson (Shanghai) Medical Equipment Co., Ltd., Medtronic Medical Products Technical Services (Shanghai) Co., Ltd., Olympus Trading (Shanghai) Co., Ltd., China Pharmaceutical&Health Products Co., Ltd., Boko International Medical Trading (Shanghai) Co., Ltd., Roche Diagnostic Products (Shanghai) Co., Ltd., Tyco International Medical Equipment Trading (Shanghai) Co., Ltd., etc.
 
From the composition of import enterprises, the number of private enterprises accounted for 55.55%, and the import volume accounted for 33.71%; The number of foreign-funded enterprises accounted for 37.07%, and the import volume accounted for 46.57%, with a year-on-year increase of 3.59%; The number of state-owned enterprises accounted for 7.38% and the import volume accounted for 19.57%.
 
Shanghai ranks first among provinces, districts and cities in terms of import volume
 
In 2015, Shanghai still ranked first in the import volume of provinces, autonomous regions and municipalities, accounting for 44.24%, up 3.93% year on year. Among the top ten provinces, regions and cities, the total import volume accounted for 92.73%, up 0.47% year on year.
 
Export profile
 
Europe, North America and Asia are the top three markets
 
Similar to the import situation, in 2015, Europe was also China's largest medical device export target market, with the related export volume of 6.401 billion US dollars, up 3.75% year on year, accounting for 36.96%. Among them, China's exports to the EU increased by 0.2% year on year. North America is the second largest export market, with the relevant export volume of 5.721 billion US dollars, a year-on-year increase of 12.43%, accounting for 33.03%. Asia ranked third, with an export volume of 4.202 billion US dollars, up 8.14% year on year, accounting for 24.27%. Among them, China's exports to Asia and ASEAN increased by 11.38% year on year; The export volume to the Middle East increased by 4.34% year on year, and the growth rate decreased by 7.44% year on year.
 
Exports of 48 varieties exceeded 100 million US dollars
 
In 2015, 48 of China's medical device exports exceeded US $100 million, an increase of 5 on a year-on-year basis; 93 of them had exports of more than US $10 million. Among them, the export volume of audiometers and medical disinfectants increased by more than three figures year on year.
 
17 enterprises export more than 100 million dollars
 
In 2015, there were 20581 enterprises engaged in the export business of medical devices, 17 of which had an export volume of more than 100 million dollars, and 355 of which had an export volume of more than 10 million dollars. Major export enterprises include General Electric Pharmaceutical (Shanghai) Co., Ltd., Shenzhen Mindray Biomedical Electronics Co., Ltd., Avionics General Electric Medical System Co., Ltd., Siemens (Shenzhen) Magnetic Resonance Co., Ltd., Xiamen Mengfali Technology (Group) Co., Ltd., Shanghai Siemens Medical Instruments Co., Ltd., Unicon Hearing Technology (Suzhou) Co., Ltd., Jabil Technology (Shanghai) Co., Ltd Zhijiang Aomei Medical Supplies Co., Ltd. and General Electric Medical System (China) Co., Ltd.
 
From the analysis of the composition of export enterprises, the number of private enterprises accounted for 76.62%, and the amount accounted for 43.93%; The number of foreign-funded enterprises accounted for 17.87%, and the amount accounted for 48.53%, up 0.57% year on year; The number of state-owned enterprises accounted for 5.5% and the amount accounted for 7.44%.
 
10 provinces and cities accounted for more than 90%
 
In 2015, the amount of the top 10 provinces and cities in China's medical device export accounted for 91.07%, basically the same as that in 2014. The export growth of other provinces, autonomous regions and cities is very significant. For example, the export volume of Guangxi is 166 million US dollars, with a year-on-year growth of 90.58%; The export volume of Xinjiang was 103 million US dollars, a year-on-year increase of 33.86%; Gansu's export volume was 36.6966 million US dollars, up 39.68% year on year; Qinghai's export volume was USD 10.1378 million, up 49.44% year on year.

key word: Panoramic Analysis of China's Foreign Trade in Medical Devices in 2015

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