Business News Agency August 10 hearing the first half of this year China's foreign trade in medical devices continued to maintain a large surplus, export growth was slightly lower than the increase of 2 percentage points, but the continuous appreciation of the renminbi on the impact of export profits is increasingly evident.
According to statistics compiled by China Customs, in the first half of 2011, China’s total import and export of medical devices reached US$12.051 billion, an increase of 58.15% year-on-year, of which, exports were US$7.134 billion, up 57.34% year-on-year; imports were US$4.917 billion, up year-on-year. An increase of 59.34%.
On the whole, in the first half of 2011, China’s foreign trade in medical devices continued to maintain a large surplus. The growth rate of exports was slightly lower than that of imports by 2 percentage points. The accumulated trade surplus amounted to 2.217 billion U.S. dollars, but the trade surplus decreased compared with the same period of 2010. 841 million U.S. dollars.
Exports: foreign investment and joint ventures account for half of the country
In the first half of 2011, the average monthly export value of medical equipment in China was 1.189 billion U.S. dollars. The highest value of export volume in a single month reached 1.351 billion U.S. dollars in June, an increase of 4.41% over the previous month. In terms of trade pattern, the general trade pattern accounted for 56.59%, and the processing trade pattern accounted for 38.12%, showing little change compared with the same period of 2010.
In the first half of 2011, Asia, Europe, and North America remained the major export markets for medical devices in China, with corresponding export volumes of 2.292 billion U.S. dollars, 1.996 billion U.S. dollars, and 1.929 billion U.S. dollars, accounting for 87.14% of the total. Exports to the Asian market increased by 55.09% year-on-year, which was affected by the “zero tariff†in the China-ASEAN Free Trade Area. Exports to ASEAN continued to grow by 73.03% year-on-year. The exports to Europe and North America increased by 56.77% and 55.57% respectively year-on-year. It is worth mentioning that the development of the African market has achieved good results, with the export value of 308 million U.S. dollars, an increase of 64.31% year-on-year.
The United States, Japan, and Germany are still the top three national markets for China's medical device export tradition. In the first half of 2011, the three major markets accounted for 42.27%.
In the first half of 2011, there were a total of 15,900 enterprises exporting medical equipments, an increase of 66.02% over the same period of last year. Products were exported to 206 countries and regions. The top 200 companies in export volume accounted for 49.12% of the total medical equipment exports, with a concentration ratio of 2010. The year-on-year increase was 4.43 percentage points. Exports are an important driving force for the development of China's medical device industry. Although the export market for medical devices continues to expand, domestic medical device manufacturers generally have lower technological content and are more concerned about their competitiveness. Among the top 10 export companies, there are 7 foreign companies and joint ventures, from the entire From the perspective of the composition of export companies, foreign investment and joint ventures are the main forces in the domestic export of medical devices, occupying half of the country.
Imports: a year-on-year increase of 58.46%
In the first half of 2011, China imported medical devices from 90 countries and regions. Europe is the largest import market for medical devices in China, accounting for 38.86% of the total. European countries such as Germany, Switzerland, the Netherlands, Ireland, the United Kingdom, and France accounted for 6 seats of the top 10 trading partners for medical device imports in the United States, Japan, and the United States. South Korea and Mexico occupy another four seats.
In the first half of 2011, a total of 8,332 companies imported medical equipment in China, an increase of 58.46% year-on-year, of which Medtronic Medical Products Services (Shanghai) Co., Ltd., Johnson & Johnson (Shanghai) Medical Devices Co., Ltd., and Shanghai Sankai Import & Export Co., Ltd., Chongqing Zhongji Import & Export Co., Ltd., Roche Diagnostic Products (Shanghai) Co., Ltd., China National Building Material Group Import & Export Corporation, Shanghai Dongsong International Trade Co., Ltd., China Medicine & Health Products Co., Ltd., St. Jude Medical Products (Shanghai) Co., Ltd. The company and Can Teng International Trading (Shanghai) Co., Ltd. ranked among the top 10 in terms of the amount of imported medical equipment in China, accounting for 12.54% of the total.
In the first half of 2011, there were four categories of products imported from China with medical equipment worth US$300 million: “Other instruments and devices that use optical rays (ultraviolet, visible, and infrared)â€, “Color ultrasound diagnostic equipmentâ€, and “Others†, disability assistive devices (including wearing, carrying, or implanting devices and parts inside the body), and "X-ray tomographs." There are five categories of products that reach $200 million: "Other instruments and apparatus", "Other syringes, needles, catheters, cannulas and similar products", "Other medical or veterinary X-ray equipment", "Magnetic resonance imaging apparatus" "Spectrometers, spectrophotometers, and spectrographs using optical radiation (ultraviolet, visible, infrared)". There are six categories of products that reach $100 million: "Other equipment and parts listed in No. 9022 (including high voltage generators, control boards and consoles, fluorescent screens, etc.)", "Microscopes, except optical microscopes; diffraction equipment", "Inside "Reflectors," "diagnosis or laboratory reagents attached to the backing," "other instruments and apparatus for ophthalmology," "other man-made body parts."
Exchange rate changes accumulate export risk, import growth will exceed exports
Looking forward to the second half of 2011, with the shortage of resources in the world and the inflation of the domestic economy, raw and auxiliary materials and power prices for grain, cotton, chemical products, water, electricity, gas, etc. will all show upward momentum, which will lead to disruption of production activities of some enterprises. Unable to deliver to foreign customers in time. The cost of labor for some enterprises has generally increased by 10% to 20%. This will also cause some international orders to shift to countries and regions such as ASEAN where labor costs are lower. For China's medical device companies, which are generally settled in U.S. dollars, due to their long-term dependence on exchange rate spreads and their generally small profit margins, the continued appreciation of the renminbi will undoubtedly bring greater losses. Future industry competition and export quotation The risk will be higher. At the same time, the expansion of imports will be the focus of China's medical device import and export trade in the second half of 2011.
In 2011, if China's medical device products can maintain the current international market share and expand, the annual export is expected to achieve a 15% growth, the growth rate of imports will be higher than exports, and the trade surplus is expected to shrink. It is estimated that the total import and export of medical devices in China will exceed 25 billion U.S. dollars in 2011.
Related export key products keep growing
* Cotton wool, gauze, bandages
In the first half of 2011, the export volume of cotton wool, gauze, and bandages was 413 million U.S. dollars, an increase of 37.09% year-on-year. The average export unit price was 7.31 U.S. dollars per kilogram, an increase of 35.84% year-on-year. Products were exported to 180 countries and regions. The main export markets were The United States, Japan, Germany, Belgium and Italy accounted for 52.78% of the total. The growth rate of the five major markets remained above 20%.
* Disposable syringe
In the first half of 2011, the export volume of disposable syringes was US$187 million, an increase of 23.42% over the same period of last year. The average export unit price was US$0.04 per stick, an increase of 9.01% over the same period of last year. Products were exported to 160 countries and regions, and the main export markets were the United States, Germany, Pakistan, Brazil and Russia accounted for 38.73% of the total. The US market alone accounted for 19.85%. Excluding the decline in the German market, exports to the other four major markets increased at different rates.
* Color ultrasonic diagnosis instrument
In the first half of 2011, the export value of color ultrasonic diagnostic apparatus was US$162 million, which represented a year-on-year increase of 28.03%. The average export unit price was US$17,000 per unit, an increase of 4.01% over the same period last year. Products are exported to 127 countries and regions. The major export markets are the United States, the Netherlands, Germany, India, and Japan. Their share is as high as 55.14%. Excluding the decline in the Dutch market, exports to other four major markets have remained at 40. %the above.
* X-ray tomograph
In the first half of 2011, the X-ray tomograph export value was US$158 million, a year-on-year increase of 23.24%, and the average export unit price was US$161,900 per unit, a slight decrease of 2.24% year-on-year. The products are exported to 66 countries and regions. The major export markets are the United States, Japan, the Netherlands, France and Brazil, which account for 61.18% of the total. Excluding the decline in the Japanese market, the export to the remaining four major markets remains at different levels. increase.
* Patient monitor
In the first half of 2011, the patient monitor output was US$134 million, a year-on-year increase of 17.62%, and the average export unit price was US$1,898 per unit, a year-on-year increase of 12.81%. The products were exported to 149 countries and regions. The major export markets were the United States, India, Hong Kong, Germany, and the Netherlands, which accounted for 58.15% of the total. Excluding the decline in the German market, the exports to the other four markets showed different ranges. growth of.
According to statistics compiled by China Customs, in the first half of 2011, China’s total import and export of medical devices reached US$12.051 billion, an increase of 58.15% year-on-year, of which, exports were US$7.134 billion, up 57.34% year-on-year; imports were US$4.917 billion, up year-on-year. An increase of 59.34%.
On the whole, in the first half of 2011, China’s foreign trade in medical devices continued to maintain a large surplus. The growth rate of exports was slightly lower than that of imports by 2 percentage points. The accumulated trade surplus amounted to 2.217 billion U.S. dollars, but the trade surplus decreased compared with the same period of 2010. 841 million U.S. dollars.
Exports: foreign investment and joint ventures account for half of the country
In the first half of 2011, the average monthly export value of medical equipment in China was 1.189 billion U.S. dollars. The highest value of export volume in a single month reached 1.351 billion U.S. dollars in June, an increase of 4.41% over the previous month. In terms of trade pattern, the general trade pattern accounted for 56.59%, and the processing trade pattern accounted for 38.12%, showing little change compared with the same period of 2010.
In the first half of 2011, Asia, Europe, and North America remained the major export markets for medical devices in China, with corresponding export volumes of 2.292 billion U.S. dollars, 1.996 billion U.S. dollars, and 1.929 billion U.S. dollars, accounting for 87.14% of the total. Exports to the Asian market increased by 55.09% year-on-year, which was affected by the “zero tariff†in the China-ASEAN Free Trade Area. Exports to ASEAN continued to grow by 73.03% year-on-year. The exports to Europe and North America increased by 56.77% and 55.57% respectively year-on-year. It is worth mentioning that the development of the African market has achieved good results, with the export value of 308 million U.S. dollars, an increase of 64.31% year-on-year.
The United States, Japan, and Germany are still the top three national markets for China's medical device export tradition. In the first half of 2011, the three major markets accounted for 42.27%.
In the first half of 2011, there were a total of 15,900 enterprises exporting medical equipments, an increase of 66.02% over the same period of last year. Products were exported to 206 countries and regions. The top 200 companies in export volume accounted for 49.12% of the total medical equipment exports, with a concentration ratio of 2010. The year-on-year increase was 4.43 percentage points. Exports are an important driving force for the development of China's medical device industry. Although the export market for medical devices continues to expand, domestic medical device manufacturers generally have lower technological content and are more concerned about their competitiveness. Among the top 10 export companies, there are 7 foreign companies and joint ventures, from the entire From the perspective of the composition of export companies, foreign investment and joint ventures are the main forces in the domestic export of medical devices, occupying half of the country.
Imports: a year-on-year increase of 58.46%
In the first half of 2011, China imported medical devices from 90 countries and regions. Europe is the largest import market for medical devices in China, accounting for 38.86% of the total. European countries such as Germany, Switzerland, the Netherlands, Ireland, the United Kingdom, and France accounted for 6 seats of the top 10 trading partners for medical device imports in the United States, Japan, and the United States. South Korea and Mexico occupy another four seats.
In the first half of 2011, a total of 8,332 companies imported medical equipment in China, an increase of 58.46% year-on-year, of which Medtronic Medical Products Services (Shanghai) Co., Ltd., Johnson & Johnson (Shanghai) Medical Devices Co., Ltd., and Shanghai Sankai Import & Export Co., Ltd., Chongqing Zhongji Import & Export Co., Ltd., Roche Diagnostic Products (Shanghai) Co., Ltd., China National Building Material Group Import & Export Corporation, Shanghai Dongsong International Trade Co., Ltd., China Medicine & Health Products Co., Ltd., St. Jude Medical Products (Shanghai) Co., Ltd. The company and Can Teng International Trading (Shanghai) Co., Ltd. ranked among the top 10 in terms of the amount of imported medical equipment in China, accounting for 12.54% of the total.
In the first half of 2011, there were four categories of products imported from China with medical equipment worth US$300 million: “Other instruments and devices that use optical rays (ultraviolet, visible, and infrared)â€, “Color ultrasound diagnostic equipmentâ€, and “Others†, disability assistive devices (including wearing, carrying, or implanting devices and parts inside the body), and "X-ray tomographs." There are five categories of products that reach $200 million: "Other instruments and apparatus", "Other syringes, needles, catheters, cannulas and similar products", "Other medical or veterinary X-ray equipment", "Magnetic resonance imaging apparatus" "Spectrometers, spectrophotometers, and spectrographs using optical radiation (ultraviolet, visible, infrared)". There are six categories of products that reach $100 million: "Other equipment and parts listed in No. 9022 (including high voltage generators, control boards and consoles, fluorescent screens, etc.)", "Microscopes, except optical microscopes; diffraction equipment", "Inside "Reflectors," "diagnosis or laboratory reagents attached to the backing," "other instruments and apparatus for ophthalmology," "other man-made body parts."
Exchange rate changes accumulate export risk, import growth will exceed exports
Looking forward to the second half of 2011, with the shortage of resources in the world and the inflation of the domestic economy, raw and auxiliary materials and power prices for grain, cotton, chemical products, water, electricity, gas, etc. will all show upward momentum, which will lead to disruption of production activities of some enterprises. Unable to deliver to foreign customers in time. The cost of labor for some enterprises has generally increased by 10% to 20%. This will also cause some international orders to shift to countries and regions such as ASEAN where labor costs are lower. For China's medical device companies, which are generally settled in U.S. dollars, due to their long-term dependence on exchange rate spreads and their generally small profit margins, the continued appreciation of the renminbi will undoubtedly bring greater losses. Future industry competition and export quotation The risk will be higher. At the same time, the expansion of imports will be the focus of China's medical device import and export trade in the second half of 2011.
In 2011, if China's medical device products can maintain the current international market share and expand, the annual export is expected to achieve a 15% growth, the growth rate of imports will be higher than exports, and the trade surplus is expected to shrink. It is estimated that the total import and export of medical devices in China will exceed 25 billion U.S. dollars in 2011.
Related export key products keep growing
* Cotton wool, gauze, bandages
In the first half of 2011, the export volume of cotton wool, gauze, and bandages was 413 million U.S. dollars, an increase of 37.09% year-on-year. The average export unit price was 7.31 U.S. dollars per kilogram, an increase of 35.84% year-on-year. Products were exported to 180 countries and regions. The main export markets were The United States, Japan, Germany, Belgium and Italy accounted for 52.78% of the total. The growth rate of the five major markets remained above 20%.
* Disposable syringe
In the first half of 2011, the export volume of disposable syringes was US$187 million, an increase of 23.42% over the same period of last year. The average export unit price was US$0.04 per stick, an increase of 9.01% over the same period of last year. Products were exported to 160 countries and regions, and the main export markets were the United States, Germany, Pakistan, Brazil and Russia accounted for 38.73% of the total. The US market alone accounted for 19.85%. Excluding the decline in the German market, exports to the other four major markets increased at different rates.
* Color ultrasonic diagnosis instrument
In the first half of 2011, the export value of color ultrasonic diagnostic apparatus was US$162 million, which represented a year-on-year increase of 28.03%. The average export unit price was US$17,000 per unit, an increase of 4.01% over the same period last year. Products are exported to 127 countries and regions. The major export markets are the United States, the Netherlands, Germany, India, and Japan. Their share is as high as 55.14%. Excluding the decline in the Dutch market, exports to other four major markets have remained at 40. %the above.
* X-ray tomograph
In the first half of 2011, the X-ray tomograph export value was US$158 million, a year-on-year increase of 23.24%, and the average export unit price was US$161,900 per unit, a slight decrease of 2.24% year-on-year. The products are exported to 66 countries and regions. The major export markets are the United States, Japan, the Netherlands, France and Brazil, which account for 61.18% of the total. Excluding the decline in the Japanese market, the export to the remaining four major markets remains at different levels. increase.
* Patient monitor
In the first half of 2011, the patient monitor output was US$134 million, a year-on-year increase of 17.62%, and the average export unit price was US$1,898 per unit, a year-on-year increase of 12.81%. The products were exported to 149 countries and regions. The major export markets were the United States, India, Hong Kong, Germany, and the Netherlands, which accounted for 58.15% of the total. Excluding the decline in the German market, the exports to the other four markets showed different ranges. growth of.
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