Surgical exports lead in 2023

Medical and veterinary devices (Chapter 90 of the Harmonized Commodity Description and Coding System) registered the most growth among export items last year.

Instruments and devices for human and veterinary medicine represented more than US$1.1 billion in exports, for a 15.6% annual growth. Exports, nevertheless, were down from the peak year of 2022, when exports were US$12.38 billion, reflecting the demand to restore inventories in months are the Covid pandemic demand.

Chapter 90 lists multiple medicine, surgery, dentistry and veterinary products, such as electrocardiographs, syringes, needles, catheters, cannulas, scalpels, shears, scissors, dental drills, endoscopes and incubators.

Also, orthopedic instruments, such as girdles, bandages, crutches, splints, splints, and X-ray machines.

Most of the exports were to the United States with US$729 million, 66.04% share and 16.5% year-on-year growth.

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Listin Diario

12 February 2024