How to become the world’s largest exporter of medical supplies to fight COVID-19 Ⅱ

China and Germany: top 3 in the world

According to WTO statistics, China, Germany and the US are the world’s largest traders in critical medical products to combat COVID-19.

The three major economies of China, Germany and the US together accounted for about 31 percent of global trade in goods in 2020, and an even higher 41 percent of medical products critical to the fight against COVID-19. The top 10 economies in this category account for about 71.6% of the global supply of critical medical products to combat COVID-19.

Among them, China’s exports of key medical products to combat COVID-19 almost tripled from $38 billion in 2019 to $105 billion in 2020, with the share of products rising from 12.6 percent in 2019 to about 26.7 percent in 2020. That made China the largest exporter of such products in 2020.
On January 14, spokesman of news of China’s General Administration of Customs, director-general of the department of statistics and analysis Li Kuiwen, from March 2020 to the end of the year, the national customs, the customs export main epidemic materials worth 438.5 billion yuan, of which export 224.2 billion masks, value 340 billion yuan, the equivalent of provides global everyone outside China with nearly 40 masks, This includes 65 billion medical masks, accounting for 30 percent of all masks exported. 2.31 billion pieces of protective clothing were exported, including 773 million pieces of medical protective clothing. 289 million pairs of goggles and 2.92 billion pairs of surgical gloves. These products provide a guarantee for medical workers and other epidemic prevention and control personnel to protect themselves.

In terms of medical equipment, 271,000 ventilators were exported, including 212,000 non-invasive ventilators, 663,000 patient monitors and 119 million infrared thermometers, Li kuiwen said. In addition, 1.08 billion Novel Coronavirus test kits were exported to support novel Coronavirus testing.

Another economy that saw a significant increase in exports of medical products in 2020 was Malaysia, with an annual growth rate of 52%.

Meanwhile, the value of key medical products exported by the US to fight COVID-19 fell by 0.7%, which the WTO said could be due to increased domestic demand.