# HS 701720 Laboratory global trade data overview | Yugalinks

Reported global trade in laboratory, hygienic or pharmaceutical, whether or not graduated or calibrated, having a linear co-efficient of expansion not over 5 x 10-6 per kelvin with a temperature of 0-300 degrees c reached $382.2M in 2024, with five-year annual growth of +4.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $228.8M | +7.9% | +6.9% |
| 2014 | $240.7M | +5.2% | +3.8% |
| 2015 | $239.5M | -0.5% | +4.1% |
| 2016 | $255.9M | +6.8% | +3.8% |
| 2017 | $260.3M | +1.7% | +2.6% |
| 2018 | $292.8M | +12.5% | +6.9% |
| 2019 | $310.0M | +5.9% | +6.6% |
| 2020 | $307.8M | -0.7% | +5.7% |
| 2021 | $375.1M | +21.9% | +8.6% |
| 2022 | $402.2M | +7.2% | +9.1% |
| 2023 | $394.8M | -1.8% | +8.7% |
| 2024 | $382.2M | -3.2% | +0.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $61.0M | +4.3% | 40 |
| Germany | $38.8M | +0.2% | 46 |
| China | $30.9M | +23.7% | 39 |
| France | $20.6M | +6.7% | 49 |
| Japan | $15.4M | -0.3% | 27 |
| United Kingdom | $15.3M | -5.6% | 32 |
| Netherlands | $15.0M | +8.2% | 43 |
| Switzerland, Liechtenstein | $14.5M | +6% | 37 |
| Singapore | $13.3M | -8.2% | 37 |
| Canada | $10.8M | +1.4% | 40 |
| Republic of Korea | $10.7M | +5.5% | 28 |
| Italy | $9.5M | +7.1% | 24 |

_Source: reported merchandise trade data. Updated 2026-08-14._