Unpackaged Medicaments in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $476M in Unpackaged Medicaments, making it the 9th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 251st most exported product in Italy. The main destination of Unpackaged Medicaments exports from Italy are: Switzerland ($190M), Germany ($64.8M), United States ($58.4M), France ($32.6M), and Spain ($18.6M).

The fastest growing export markets for Unpackaged Medicaments of Italy between 2021 and 2022 were Switzerland ($98.5M), Spain ($8.79M), and United States ($8.27M).

Imports In 2022, Italy imported $346M in Unpackaged Medicaments, becoming the 8th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 317th most imported product in Italy. Italy imports Unpackaged Medicaments primarily from: Belgium ($66.9M), Switzerland ($62.1M), Spain ($59.3M), Germany ($33.9M), and Ireland ($24.1M).

The fastest growing import markets in Unpackaged Medicaments for Italy between 2021 and 2022 were Ireland ($16.3M), Spain ($10.5M), and China ($8.85M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Unpackaged Medicaments from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Unpackaged Medicaments exports accounted up to €24.1M and imports accounted up to €40.5M, resulting in a negative trade balance of €16.3M. Between December 2022 and December 2023 the exports of Italy's Unpackaged Medicaments have decreased by €-739k (-2.97%) from €24.9M to €24.1M, while imports increased by €20.9M (107%) from €19.6M to €40.5M.

Destinations In December 2023, Unpackaged Medicaments were exported mostly to Germany (€7.06M), France (€4.13M), Spain (€2.81M), Brazil (€1.2M), and United Kingdom (€972k), and were imported mostly from Austria (€12.9M), Denmark (€5.7M), Spain (€5.61M), Switzerland (€4.96M), and Japan (€2.9M).

Growth In December 2023, the decrease in Unpackaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to Czechia (€-510k or -42.8%), United Kingdom (€-373k or -53.6%), and Poland (€-168k or -40.7%). In December 2023, the increase in Unpackaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Austria (€14.2M or 12.3k%), Netherlands (€6.46M or 254%), and Ireland (€934k or 2k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-739k(-2.97%)

IMPORT GROWTH (December 2022 - December 2023)€20.9M(107%)

MAIN DESTINATION (December 2023)Germany€7.06M

This section shows Unpackaged Medicaments's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Unpackaged Medicaments over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$476M

IMPORTS (2022)$346M

NET TRADE (2022)$131M

In 2022, Italy exported $476M in Unpackaged Medicaments. The main destinations of Italy exports on Unpackaged Medicaments were Switzerland ($190M), Germany ($64.8M), United States ($58.4M), France ($32.6M), and Spain ($18.6M).

In 2022, Italy imported $346M in Unpackaged Medicaments, mainly from Belgium ($66.9M), Switzerland ($62.1M), Spain ($59.3M), Germany ($33.9M), and Ireland ($24.1M).

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