The U.S. Became the Largest Exporter of Electro-Diagnostic and Ultra-Violet or Infra-Red Ray Apparatus in the World, with $5.6B in 2014 Irradiation, Electromedical And Electrotherapeutic Equipment August 11, 2015
Author: Alexander Romanenko
Chief Executive Officer

The U.S. continued its dominance in the global trade of electro-diagnostic and ultra-violet or infra-red ray apparatus. In 2014, the U.S. exported 16 thousand tonnes of electro-diagnostic and ultra-violet or infra-red ray apparatus totaling 5,614 million USD, 4% over the previous year. Its primary trading partner was China, where it supplied 13.4% of its total electro-diagnostic and ultra-violet or infra-red ray apparatus exports in value terms, accounting for 32.9% of China's total imports.

From 2007 to 2014, the U.S. was a net exporter of electro-diagnostic and ultra-violet or infra-red ray apparatus. Over this period, exports consistently exceeded imports in value terms. However, in 2014, in physical terms, the difference was less pronounced.

Germany and Japan were among the other main global suppliers of electro-diagnostic and ultra-violet or infra-red ray apparatus in 2014. However, the fastest growing exporters from 2007 to 2014 were China (+19.1% per year) and Mexico (+14.3% per year). With this, China was able to significantly strengthen its position in the global export structure.

The U.S.'s top 5 trading partners in 2014 were China, the Netherlands, Germany, Japan and Canada, with a combined 51.1% share of U.S. exports of electro-diagnostic and ultra-violet or infra-red ray apparatus. The share of China increased significantly (+7.6 percentage points), while the share of Germany illustrated negative dynamics (-3.8 percentage points).

Source: World: Electro-Diagnostic Apparatus, And Ultra-Violet Or Infra-Red Ray Apparatus - Market Report. Analysis and Forecast to 2020