Heart Pacemaker Export Sales by Country

Heart pacemaker operation

Pacemaker operation

International sales from heart pacemakers exports by country totaled US$4.7 billion in 2017.

The worldwide value of exported heart pacemakers declined by an average -22.7% for all exporting countries since 2013 when heart pacemakers shipments were valued at $6 billion. Year over year, the value of globally exported heart pacemakers dipped -14.4% from 2016 to 2017.

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, excluding 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 2017.

  1. Ireland: US$1.2 billion (24.9% of exported pacemakers)
  2. Germany: $755.2 million (16.2%)
  3. Switzerland: $735.3 million (15.8%)
  4. Belgium: $648.4 million (13.9%)
  5. Netherlands: $401.3 million (8.6%)
  6. France: $291.9 million (6.3%)
  7. United States: $219.2 million (4.7%)
  8. Singapore: $211.1 million (4.5%)
  9. Italy: $125.1 million (2.7%)
  10. Malaysia: $69.1 million (1.5%)
  11. Spain: $11.4 million (0.2%)
  12. United Kingdom: $5.7 million (0.1%)
  13. Latvia: $4.5 million (0.1%)
  14. Lithuania: $4.3 million (0.1%)
  15. Australia: $2.5 million (0.1%)

By value, the listed 15 countries shipped 99.6% of globally exported heart pacemakers in 2017.

Among the top exporters, five countries grew the value of their shipments for heart pacemakers since 2013 namely Belgium (up 328.1%), Singapore (up 248.4%), Spain (up 247.4%), Latvia (up 28.7%) and Germany (up 20.5%).

Those competitors that posted declines in their exported heart pacemakers sales were led by: the United States (down -62.8%), France (down -56.8%), Malaysia (down -54.3%), Netherlands (down -48.7%) and the United Kingdom (down -47.2%).

Advantages

The following countries posted the highest positive net exports for heart pacemakers during 2017. 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. Ireland: US$1.1 billion (net export surplus down -11.9% since 2013)
  2. Switzerland: $682 million (down -36%)
  3. Belgium: $282.3 million (reversing a -$58.4 million deficit)
  4. Germany: $223 million (up 95.1%)
  5. Singapore: $194.7 million (up 1,002%)
  6. Malaysia: $63.8 million (down -56.8%)
  7. Swaziland: $461,000 (reversing a -$9,000 deficit)
  8. US Minor Outlying Is: $13,000 (reversing an -$11,000 deficit)
  9. Congo: $13,000 (no 2013 data)

Overtaking Switzerland in 2017, Ireland has the highest surplus in the international trade of heart pacemakers. In turn, this positive cashflow confirms both Ireland’s and Switzerland’s strong competitive advantages for this specific product category.

Opportunities

The following countries posted the highest negative net exports for heart pacemakers during 2017. 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$646.7 million (net export deficit up 184.2% since 2013)
  2. Japan: -$355.5 million (down -10.4%)
  3. France: -$281.4 million (down -6.9%)
  4. Italy: -$241.7 million (up 30.7%)
  5. United Kingdom: -$178.2 million (up 61.4%)
  6. China: -$134.7 million (down -2.2%)
  7. Australia: -$127.6 million (down -37.7%)
  8. Netherlands: -$124.4 million (up 244.4%)
  9. Spain: -$105 million (down -16.7%)
  10. Canada: -$48.5 million (down -60.7%)
  11. Poland: -$41.6 million (down -0.5%)
  12. Czech Republic: -$40.8 million (down -48.2%)
  13. Turkey: -$32.7 million (down -3.6%)
  14. Austria: -$30.1 million (down -16.9%)
  15. Brazil: -$27.6 million (down -42.6%)

United States of America 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.

RankExporter2017 Pacemakers Exports% World Total
1.IrelandUS$1.2 billion24.9%
2.Germany$755.2 million16.2%
3.Switzerland$735.3 million15.8%
4.Belgium$648.4 million13.9%
5.Netherlands$401.3 million8.6%
6.France$291.9 million6.3%
7.United States$219.2 million4.7%
8.Singapore$211.1 million4.5%
9.Italy$125.1 million2.7%
10.Malaysia$69.1 million1.5%
11.Spain$11.4 million0.2%
12.United Kingdom$5.7 million0.1%
13.Latvia$4.5 million0.1%
14.Lithuania$4.3 million0.1%
15.Australia$2.5 million0.1%
16.Hong Kong$2.1 million0.05%
17.Uruguay$1.3 million0.03%
18.India$1 million0.02%
19.Turkey$1 million0.02%
20.Austria$993,0000.02%
21.Portugal$963,0000.02%
22.Israel$836,0000.02%
23.Slovakia$758,0000.02%
24.Greece$751,0000.02%
25.Chile$660,0000.01%
26.Slovenia$564,0000.01%
27.Dominican Republic$539,0000.01%
28.South Korea$516,0000.01%
29.China$461,0000.01%
30.Swaziland$461,0000.01%
31.Russia$371,0000.01%
32.South Africa$291,0000.01%
33.Taiwan$289,0000.01%
34.Brazil$230,0000.005%
35.Canada$218,0000.005%
36.Norway$187,0000.004%
37.Bulgaria$180,0000.004%
38.Serbia$176,0000.004%
39.United Arab Emirates$145,0000.003%
40.Poland$133,0000.003%
41.Sweden$107,0000.002%
42.Colombia$104,0000.002%
43.Japan$95,0000.002%
44.Costa Rica$69,0000.001%
45.Mexico$67,0000.001%
46.Jordan$62,0000.001%
47.Thailand$55,0000.001%
48.Romania$52,0000.001%
49.El Salvador$51,0000.001%
50.Bolivia$50,0000.001%
51.Croatia$48,0000.001%
52.Czech Republic$43,0000.001%
53.Guatemala$40,0000.001%
54.Vietnam$34,0000.001%
55.Iran$31,0000.001%
56.Mauritius$26,0000.001%
57.Cyprus$18,0000.0004%
58.Argentina$17,0000.0004%
59.Estonia$16,0000.0003%
60.Congo$15,0000.0003%
61.US Minor Outlying Is$13,0000.0003%
62.Denmark$12,0000.0003%
63.Macedonia$6,0000.0001%
64.Guyana$5,0000.0001%
65.Aruba$4,0000.0001%
66.Suriname$3,0000.0001%
67.Senegal$1,0000.00002%
68.Barbados$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 June 19, 2018

Trade Map, International Trade Centre. Accessed on June 19, 2018

Investopedia, Net Exports Definition. Accessed on June 19, 2018

Wikipedia, Cardiac pacemaker. Accessed on June 19, 2018

Alibaba, Supplier showroom for heart pacemaker. Accessed on June 19, 2018