Heart Pacemaker Export Sales by Country

Heart pacemaker operation

Pacemaker operation

Global sales from heart pacemakers exports by country amounted to US$5.4 billion in 2016.

The worldwide value of exported heart pacemakers declined by an average -9.5% for all exporting countries since 2012 when heart pacemakers shipments were valued at $6 billion. Year over year, the value of global heart pacemaker exports dipped -4% from 2015 to 2016.

Among continents, European countries generated the highest dollar worth of exported heart pacemakers during 2016 with shipments valued at $5 billion or 91.3% of the global total. In second place were North American exporters at 4.4 while 4.2% of global pacemaker shipments originated from Asia.

The 6-digit Harmonized Tariff System code prefix is 902150 for pacemakers that stimulate heart muscles. Excluded are parts and accessories.

Heart Pacemaker Export Sales by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of heart pacemakers during 2016:

  1. Switzerland: US$1.3 billion (23.8% of exported pacemakers)
  2. Ireland: $1.1 billion (19.3%)
  3. Germany: $888.5 million (16.3%)
  4. Belgium: $631.4 million (11.6%)
  5. Netherlands: $483.9 million (8.9%)
  6. France: $460.7 million (8.5%)
  7. United States: $239.5 million (4.4%)
  8. Singapore: $217.9 million (4%)
  9. Italy: $125.5 million (2.3%)
  10. United Kingdom: $10.8 million (0.2%)
  11. Spain: $8.8 million (0.16%)
  12. Lithuania: $5.1 million (0.09%)
  13. Australia: $3.1 million (0.06%)
  14. China: $2.9 million (0.05%)
  15. Latvia: $2.4 million (0.04%)

The listed 15 countries shipped 99.7% of global heart pacemakers exports in 2016 by value.

Among the above countries, the fastest-growing heart pacemakers exporters since 2012 were: China (up 97,133%), Belgium (up 6,082%), Lithuania (up 1,032%) and Singapore (up 301.2%).

Those countries that posted declines in their exported heart pacemakers sales were led by: United States (down -57%), France (down -40.4%), United Kingdom (down -36.8%), Netherlands (down -32.1%) and Italy (down -26.4%).

Advantages

The following countries posted the highest positive net exports for heart pacemakers during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported heart pacemakers and its import purchases for that same commodity.

  1. Switzerland: US$1.2 billion (net export surplus up 10.7% since 2012)
  2. Ireland: $1 billion (down -10.7%)
  3. Belgium: $268.5 million (reversing a -$57.4 million deficit)
  4. Singapore: $197.1 million (up 499.1%)
  5. Germany: $175.7 million (up 176.7%)
  6. Myanmar (Burma): $1.4 million (no data for 2012)
  7. Saint Helena: $39,000 (no data for 2012)
  8. US Minor Outlying Is: $25,000 (reversing a -$8,000 deficit)
  9. Kyrgyzstan: $4,000 (down -120%)
  10. Swaziland: $1,000 (down -200%)

Switzerland has the highest surplus in the international trade of heart pacemakers. In turn, this positive cashflow confirms Switzerland’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for heart pacemakers during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported heart pacemaker purchases and its exports for that same commodity.

  1. United States: -US$431.2 million (net export deficit up 164.8% since 2012)
  2. Japan: -$322.1 million (down -13.7%)
  3. France: -$306.3 million (down -3.2%)
  4. United Kingdom: -$220.6 million (up 81.9%)
  5. Italy: -$217.3 million (up 41.6%)
  6. Australia: -$166.6 million (down -4.9%)
  7. China: -$153 million (up 36.7%)
  8. Netherlands: -$144.7 million (up 49.5%)
  9. Spain: -$117.9 million (down -39.1%)
  10. Canada: -$72.9 million (down -48%)
  11. Poland: -$46.4 million (up 4.1%)
  12. Brazil: -$45.1 million (down -7.5%)
  13. Czech Republic: -$42.5 million (down -43.6%)
  14. Turkey: -$37.7 million (up 45.3%)
  15. Austria: -$36.1 million (down -23.3%)

United States incurred the highest deficit in the international trade of heart pacemakers. In turn, this negative cashflow highlights America’s strong competitive disadvantage for this specific product category but also signals opportunities for heart pacemaker-supplying countries that help satisfy the powerful demand from American consumers.

Companies

Heart Pacemaker Exporting Companies

Below are global heart pacemaker-processing conglomerates that represent established players engaged in the international trade of heart pacemaker equipment. The home country for each country is shown within parenthesis.

  • Biotronik (United States)
  • Cardiac Pacemakers, Inc (United States)
  • Guidant Corporation (United States)
  • Medtronic (United States)
  • St. Jude Medical (United States)

According to global trading platform Alibaba, the following suppliers are examples of heart pacemaker-trading exporters. The home-country location for each business is shown within parentheses:

  • Dongguan Lei Bao Electronic Co Ltd (China)
  • Dragon Medical Equipment ZJG Co Ltd (China)
  • DSA Exports (India)
  • Life Support Systems (India)
  • Perlong Medical Equipment Co Ltd (China)
  • Shenzhen HTWY Technology Co Ltd (China)









 

Searchable List of Pacemaker Exporting Countries

You can change the presentation order by clicking the triangle icon at the top of the columns.

RankExporter2016 Pacemaker Exports% World Total
1.ChinaUS$1.3 billion23.8%
2.Belgium$1.1 billion19.3%
3.Lithuania$888.5 million16.3%
4.Singapore$631.4 million11.6%
5.Spain$483.9 million8.9%
6.Germany$460.7 million8.5%
7.Australia$239.5 million4.4%
8.Switzerland$217.9 million4%
9.Latvia$125.5 million2.3%
10.Ireland$10.8 million0.2%
11.Italy$8.8 million0.2%
12.Netherlands$5.1 million0.1%
13.United Kingdom$3.1 million0.1%
14.France$2.9 million0.1%
15.United States$2.4 million0.04%
16.Greece$2.2 million0.04%
17.India$1.6 million0.03%
18.Myanmar (Burma)$1.4 million0.03%
19.Malaysia$1.3 million0.02%
20.Turkey$1 million0.02%
21.Dominican Republic$873,0000.02%
22.Austria$776,0000.01%
23.Portugal$575,0000.01%
24.Uruguay$558,0000.01%
25.Brazil$540,0000.01%
26.Canada$515,0000.01%
27.Hong Kong$462,0000.01%
28.Slovenia$420,0000.01%
29.Slovakia$419,0000.01%
30.South Africa$410,0000.01%
31.Czech Republic$357,0000.01%
32.Israel$274,0000.01%
33.Serbia$270,0000.005%
34.Russia$266,0000.005%
35.Thailand$258,0000.005%
36.Belarus$254,0000.005%
37.French Polynesia$222,0000.004%
38.United Arab Emirates$221,0000.004%
39.Poland$212,0000.004%
40.Argentina$207,0000.004%
41.Taiwan$161,0000.003%
42.Qatar$160,0000.003%
43.Macedonia$153,0000.003%
44.Japan$124,0000.002%
45.Estonia$124,0000.002%
46.Sweden$121,0000.002%
47.Romania$104,0000.002%
48.Norway$97,0000.002%
49.Jordan$92,0000.002%
50.Denmark$88,0000.002%
51.Croatia$75,0000.001%
52.US Minor Outlying Is$55,0000.001%
53.Brunei Darussalam$42,0000.001%
54.Saint Helena$39,0000.001%
55.Costa Rica$37,0000.001%
56.Mauritius$36,0000.001%
57.Syria$35,0000.001%
58.South Korea$31,0000.001%
59.Panama$31,0000.001%
60.Kyrgyzstan$30,0000.001%
61.Cyprus$20,0000.0004%
62.El Salvador$14,0000.0003%
63.New Zealand$13,0000.0002%
64.Paraguay$10,0000.0002%
65.Côte d'Ivoire$9,0000.0002%
66.Mexico$4,0000.0001%
67.Iran$3,0000.0001%
68.Bulgaria$2,0000.00004%
69.Andorra$2,0000.00004%
70.Kazakhstan$2,0000.00004%
71.Peru$2,0000.00004%
72.Namibia$2,0000.00004%
73.Finland$1,0000.00002%
74.Swaziland$1,0000.00002%


See also Hearing Aids Importers by Country, Top Artificial Joints Exporters by Country, Top Surveying Equipment Exporters by Country and Top Industrial Robots Exporters

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on July 26, 2017

Trade Map, International Trade Centre. Accessed on July 26, 2017

Investopedia, Net Exports Definition. Accessed on July 26, 2017

Wikipedia, Cardiac pacemaker. Accessed on July 26, 2017

Alibaba, Supplier showroom for heart pacemaker. Accessed on July 26, 2017