The worldwide value of exported heart pacemakers declined by an average -8.6% for all exporting countries since 2015 when shipments of heart pacemakers were valued at $5.4 billion. Year over year, the value of globally exported heart pacemakers increased by 17.7% from 2018 to 2019.
Among continents, Europe sold the highest dollar worth of exported heart pacemakers during 2019 with shipments valued at $4.2 billion or 84.6% of the global total. In second place were Asian exporters at 12.3% while 2.8% of overall pacemaker shipments originated from North America. Smaller percentages came from shippers in Latin America (0.1%) excluding Mexico but including the Caribbean, Oceania (0.04%) led by Australia, and Africa (0.01%).
For research purposes, the 6-digit Harmonized Tariff System code prefix is 902150 for pacemakers that stimulate heart muscles. That prefixes excludes 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 2019.
- Ireland: US$1.1 billion (22.1% of exported heart pacemakers)
- Switzerland: $828.1 million (16.7%)
- Germany: $814.2 million (16.4%)
- Belgium: $587.2 million (11.8%)
- Malaysia: $492.7 million (9.9%)
- Netherlands: $439.2 million (8.8%)
- France: $310.2 million (6.2%)
- United States: $141 million (2.8%)
- Singapore: $112.2 million (2.3%)
- Italy: $100.2 million (2%)
- Spain: $6.2 million (0.1%)
- Poland: $3 million (0.1%)
- United Kingdom: $3 million (0.1%)
- Latvia: $2.7 million (0.1%)
- Uruguay: $2.6 million (0.1%)
By value, the listed 15 countries shipped 99.5% of globally exported heart pacemakers in 2019.
Among the top exporters, the fastest-growing exporters of heart pacemakers since 2015 were: Malaysia (up 9,156%), Uruguay (up 8,480%), Poland (up 114.9%) and Ireland (up 42.3%).
Those countries that posted declines in their international sales of heart pacemakers were led by: United States (down -57.4%), Singapore (down -48.6%), Switzerland (down -44.2%), France (down -40.7%) and United Kingdom (down -36.8%).
Advantages
The following countries posted the highest positive net exports for heart pacemakers during 2019. 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.
- Ireland: US$991.9 million (net export surplus up 37.9% since 2015)
- Switzerland: $775.3 million (down -45.5%)
- Malaysia: $486 million (up 17786.6%)
- Germany: $370.5 million (up 416%)
- Belgium: $103.7 million (down -58.7%)
- Singapore: $90.3 million (down -53.8%)
- Uruguay: $1.2 million (reversing a -$1.3 million deficit)
- US Minor Outlying Is: $315,000 (reversing a -$4,000 deficit)
- Kyrgyzstan: $92,000 (reversing a -$94,000 deficit)
- Cocos (Keeling) Islands: $18,000 (no 2015 data)
- Somalia: $13,000 (no 2015 data)
- Democr. Rep. Congo: $1,000 (no 2015 data)
- Mali: $1,000 (no 2015 data)
Overtaking Switzerland in 2018, Ireland also posted the highest surplus in the international trade of heart pacemakers in 2019. In turn, this positive cashflow confirms Ireland’s strong competitive advantage for this specific product category.
Opportunities
The following countries posted the highest negative net exports for heart pacemakers during 2019. 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.
- United States: -US$613 million (net export deficit up 59.2% since 2015)
- Japan: -$335.3 million (up 5.5%)
- France: -$273.7 million (up 5.6%)
- United Kingdom: -$197.1 million (down -19%)
- China: -$186.9 million (up 17.4%)
- Italy: -$148.6 million (down -28.8%)
- Spain: -$111.6 million (down -1.6%)
- Netherlands: -$107 million (down -51.4%)
- Australia: -$92.8 million (down -46.8%)
- Canada: -$44.6 million (down -55.4%)
- Poland: -$40.9 million (down -15.5%)
- Czech Republic: -$40.2 million (up 17%)
- India: -$36.3 million (up 85.2%)
- South Korea: -$30.1 million (up 66.1%)
- Portugal: -$28.7 million (down -0.5%)
The United States of America incurred the highest deficit in the international trade of heart pacemakers. In turn, this negative cashflow highlights America’s strong competitive disadvantage for this specific product category but also signals opportunities for heart pacemaker-supplying countries that help satisfy the powerful demand from American consumers.
Companies
Heart Pacemaker Exporting Companies
Below are global heart pacemaker-processing conglomerates that represent established players engaged in the international trade of heart pacemaker equipment. The home country for each country is shown within parenthesis.
- Biotronik (United States)
- Cardiac Pacemakers, Inc (United States)
- Guidant Corporation (United States)
- Medtronic (United States)
- St. Jude Medical (United States)
According to global trading platform Alibaba, the following suppliers are examples of heart pacemaker-trading exporters. The home-country location for each business is shown within parentheses.
- Dongguan Lei Bao Electronic Co Ltd (China)
- Dragon Medical Equipment ZJG Co Ltd (China)
- DSA Exports (India)
- Life Support Systems (India)
- Perlong Medical Equipment Co Ltd (China)
- Shenzhen HTWY Technology Co Ltd (China)
Searchable List of Pacemaker Exporting Countries in 2019
You can change the presentation order by clicking the triangle icon at the top of the columns. An entry of 0% in the right-most column means 2018 data was unavailable.
| Rank | Exporter | Exported Pacemakers (US$) | 2018-9 |
|---|---|---|---|
| 1. | Ireland | $1,098,987,000 | -7.1% |
| 2. | Switzerland | $828,110,000 | +42.1% |
| 3. | Germany | $814,165,000 | +14.3% |
| 4. | Belgium | $587,188,000 | +13.4% |
| 5. | Malaysia | $492,687,000 | +248.9% |
| 6. | Netherlands | $439,198,000 | +32.8% |
| 7. | France | $310,192,000 | +35.1% |
| 8. | United States | $140,987,000 | -41.7% |
| 9. | Singapore | $112,162,000 | -2.4% |
| 10. | Italy | $100,208,000 | -12.4% |
| 11. | Spain | $6,190,000 | +13.5% |
| 12. | Poland | $3,021,000 | +212.1% |
| 13. | United Kingdom | $2,993,000 | -57.4% |
| 14. | Latvia | $2,693,000 | +8.2% |
| 15. | Uruguay | $2,574,000 | +8.7% |
| 16. | China | $2,452,000 | -65.1% |
| 17. | India | $2,109,000 | +17% |
| 18. | Chile | $2,095,000 | +1,201% |
| 19. | Australia | $2,085,000 | -10.1% |
| 20. | Greece | $1,695,000 | +54.5% |
| 21. | Portugal | $1,322,000 | +76.7% |
| 22. | Turkey | $1,226,000 | -14% |
| 23. | Slovenia | $1,030,000 | +33.6% |
| 24. | Serbia | $816,000 | +78.6% |
| 25. | Dominican Republic | $740,000 | +4,011% |
| 26. | Free Zones | $699,000 | 0% |
| 27. | Denmark | $673,000 | +2,959% |
| 28. | Lithuania | $544,000 | -85.4% |
| 29. | South Africa | $471,000 | +51% |
| 30. | Taiwan | $432,000 | +254.1% |
| 31. | US Minor Outlying Is | $415,000 | -44% |
| 32. | Austria | $393,000 | -23.4% |
| 33. | Brazil | $357,000 | -30.7% |
| 34. | United Arab Emirates | $348,000 | -34.3% |
| 35. | Russia | $333,000 | -71% |
| 36. | South Korea | $327,000 | -66.9% |
| 37. | Czech Republic | $313,000 | -4.3% |
| 38. | Slovakia | $256,000 | -83.8% |
| 39. | Romania | $250,000 | +125.2% |
| 40. | Estonia | $247,000 | +12.3% |
| 41. | Hong Kong | $241,000 | -88.1% |
| 42. | Iran | $237,000 | 0% |
| 43. | Norway | $213,000 | +565.6% |
| 44. | Israel | $202,000 | -64.1% |
| 45. | Thailand | $169,000 | +252.1% |
| 46. | Kyrgyzstan | $126,000 | 0% |
| 47. | Canada | $118,000 | -53.4% |
| 48. | Egypt | $113,000 | 0% |
| 49. | Sweden | $100,000 | -53.7% |
| 50. | Peru | $69,000 | +109.1% |
| 51. | Vietnam | $57,000 | 0% |
| 52. | Guatemala | $51,000 | +54.5% |
| 53. | Georgia | $51,000 | 0% |
| 54. | El Salvador | $40,000 | -25.9% |
| 55. | North Macedonia | $37,000 | +516.7% |
| 56. | Kenya | $30,000 | 0% |
| 57. | Bosnia/Herzegovina | $30,000 | 0% |
| 58. | Morocco | $24,000 | 0% |
| 59. | Mali | $22,000 | 0% |
| 60. | Croatia | $21,000 | -75% |
| 61. | Mauritius | $19,000 | 0% |
| 62. | Cocos (Keeling) Islands | $18,000 | 0% |
| 63. | Ecuador | $16,000 | 0% |
| 64. | Cyprus | $15,000 | +87.5% |
| 65. | Somalia | $15,000 | 0% |
| 66. | British Virgin Islands | $14,000 | 0% |
| 67. | Bolivia | $12,000 | 0% |
| 68. | Panama | $12,000 | -92.1% |
| 69. | Lebanon | $10,000 | -95.4% |
| 70. | Japan | $10,000 | -92.1% |
| 71. | Kazakhstan | $9,000 | -10% |
| 72. | Ivory Coast | $9,000 | 0% |
| 73. | Moldova | $9,000 | +350% |
| 74. | Pakistan | $8,000 | 0% |
| 75. | Oman | $6,000 | 0% |
| 76. | Armenia | $5,000 | 0% |
| 77. | Belize | $4,000 | 0% |
| 78. | Iraq | $4,000 | 0% |
| 79. | Libya | $3,000 | 0% |
| 80. | Seychelles | $3,000 | 0% |
| 81. | New Zealand | $2,000 | 0% |
| 82. | Yemen | $2,000 | 0% |
| 83. | Albania | $2,000 | 0% |
| 84. | Colombia | $1,000 | -99.6% |
| 85. | Democr. Rep. Congo | $1,000 | 0% |
| 86. | Costa Rica | $1,000 | -98.8% |
| 87. | Cameroon | $1,000 | 0% |
| 88. | Hungary | $1,000 | 0% |
| 89. | Jamaica | $1,000 | 0% |
| 90. | Nicaragua | $1,000 | -98% |
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:
Alibaba, Supplier showroom for heart pacemaker. Accessed on June 6, 2020
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on June 6, 2020
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 6, 2020
International Trade Centre, Trade Map. Accessed on June 6, 2020
Investopedia, Net Exports Definition. Accessed on June 6, 2020
Wikipedia, Cardiac pacemaker. Accessed on June 6, 2020
