Current year-to-date ( YTD ) data is through May 2020.

Exports: Medical technology

Medical technology, the No. 54 export by value totaled $421.24 million for the month of May, $2.09 billion through May of 2020, and $5.49 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

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Top Markets

RankCountryYTD
1China$325.02 M
2Taiwan$227.37 M
3Japan$152.11 M
4Germany$138.06 M
5South Korea$123.78 M
6Malaysia$122.28 M
7Canada$118.5 M
8Mexico$92.11 M
9United Kingdom$67.62 M
10Singapore$67.41 M
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U.S. exports of Medical technology decreased 6.99 percent through May to $2.09 billion

U.S. exports of Medical technology decreased 6.99 percent from $2.25 billion to $2.09 billion through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 54 through May among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 56 for the last full year with a total value of $5.49 billion, a $126.12 million, 2.35 percent increase from the 2018 total.

Through May of this year the leading sources were No. 1 China, No. 2 Taiwan, No. 3 South Korea, No. 4 Japan and No. 5 Canada. The leading gateways were No. 1 San Francisco International Airport, Calif., No. 2 Cleveland’s Hopkins International Airport, Ohio, No. 3 Los Angeles International Airport, No. 4 Anchorage International Airport, Alaska and No. 5 Port of New Orleans.

In the last previous full year, the leading sources were No. 1 China, No. 2 Taiwan, No. 3 Canada, No. 4 Japan and No. 5 South Korea. The leading gateways were No. 1 Los Angeles International Airport, No. 2 Anchorage International Airport, Alaska, No. 3 Port of New Orleans, No. 4 John F. Kennedy International Airport and No. 5 Dallas-Fort Worth International Airport, Texas.

Looking at specific airports, seaports and border crossings, the top five through through the first five months of the year were:

Highlights for the top five ports:

  • San Francisco International Airport, Calif. fell 18.22 percent compared to last year to $410.81 million.
  • Cleveland’s Hopkins International Airport, Ohio fell 3.71 percent compared to last year to $238.49 million.
  • Los Angeles International Airport fell 16.93 percent compared to last year to $225.98 million.
  • Anchorage International Airport, Alaska rose 19.3 percent compared to last year to $193.28 million.
  • Port of New Orleans rose 7.64 percent compared to last year to $185.37 million.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. exports from No. 1 China increased $13.61 million, 1.64 percent, (40.38 percent market share).
  • U.S. exports from No. 2 Taiwan decreased $69.44 million, 13.1 percent, (22.03 percent market share).
  • U.S. exports from No. 3 South Korea increased $80.81 million, 23.35 percent, (20.41 percent market share).
  • U.S. exports from No. 4 Japan increased $26.27 million, 7.09 percent, (18.96 percent market share).
  • U.S. exports from No. 5 Canada decreased $13.58 million, 3.64 percent, (17.16 percent market share).

All totaled, 45.35 percent of all these Medical technology exports from the United States were shipped from the top five markets through May of this year. That is equal to $2.49 billion of the $5.49 billion total.

All totaled, 59.94 percent of all these Medical technology exports to the United States were shipped to the top five Ports through May of this year. That is equal to $1.25 billion of the $2.09 billion total