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300390 (Harmonized System 1992 for 6-digit)

2022
World Trade $8.84BRnk 462 / 4648
2022
Top Exporter | Top Importer $1.24B | $1.3BIsrael | United Kingdom
2022
Product Complexity 0.8Rnk 1102 / 4653
2021 - 2022
Export Growth (CAGR) 29.2%Rnk 439 / 4648
2022
Share of World Trade 0.037%Rnk 462 / 4648

About

Overview This page contains the latest trade data of Medicaments nes, formulated, in bulk. In 2022, Medicaments nes, formulated, in bulk were the world's 462nd most traded product, with a total trade of $8.84B. Between 2021 and 2022 the exports of Medicaments nes, formulated, in bulk grew by 29.2%, from $6.84B to $8.84B. Trade in Medicaments nes, formulated, in bulk represent 0.037% of total world trade.

Medicaments nes, formulated, in bulk are a part of Unpackaged Medicaments.

Exports In 2022 the top exporters of Medicaments nes, formulated, in bulk  were Israel ($1.24B), United States ($1.05B), Portugal ($892M), Switzerland ($764M), and China ($521M).

Imports In 2022 the top importers of Medicaments nes, formulated, in bulk were United Kingdom ($1.3B), United States ($1.17B), Germany ($816M), Ireland ($635M), and Spain ($576M).

Ranking Medicaments nes, formulated, in bulk ranks 1102nd in the Product Complexity Index (PCI).

Description A medicament is a chemical preparation used as a drug to prevent, diagnose, or treat an ailment. Medicaments are often used to relieve symptoms or to suppress the specific activity of a disease.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Medicaments nes, formulated, in bulk. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Israel$1.24B
Top Destination (2022)United Kingdom$1.3B

In 2022 Medicaments nes, formulated, in bulk were the world's 462nd most traded product (out of 4,648).

In 2022, the top exporters of Medicaments nes, formulated, in bulk were Israel ($1.24B), United States ($1.05B), Portugal ($892M), Switzerland ($764M), and China ($521M).

In 2022, the top importers of Medicaments nes, formulated, in bulk were United Kingdom ($1.3B), United States ($1.17B), Germany ($816M), Ireland ($635M), and Spain ($576M).

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Exporters of Medicaments nes, formulated, in bulk (2022)
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Importers of Medicaments nes, formulated, in bulk (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Israel$814M
Top Destination Growth (2021 -  2022)United Kingdom$799M

Between 2021 and 2022, the exports of Medicaments nes, formulated, in bulk grew the fastest in Israel ($814M), Portugal ($717M), Switzerland ($251M), Singapore ($162M), and China ($129M).

Between 2021 and 2022, the fastest growing importers of Medicaments nes, formulated, in bulk were United Kingdom ($799M), United States ($503M), Spain ($304M), Canada ($304M), and Germany ($124M).

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Exporters of Medicaments nes, formulated, in bulk (2021 - 2022)

Importers of Medicaments nes, formulated, in bulk (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Medicaments nes, formulated, in bulk.

In 2022, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Medicaments nes, formulated, in bulk are explained by 21 countries.

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Value of Exports in Medicaments nes, formulated, in bulk

Net Trade

TOP NET EXPORTER (2022)Israel$1.23B
TOP NET IMPORTER (2022)United Kingdom$1.23B

This map shows which countries export or import more of Medicaments nes, formulated, in bulk. Each country is colored based on the difference in exports and imports of Medicaments nes, formulated, in bulk during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Medicaments nes, formulated, in bulk were Israel ($1.23B), Portugal ($791M), Switzerland ($679M), Singapore ($418M), and India ($312M).

In 2022, the countries that had a largest trade value in imports than in exports of Medicaments nes, formulated, in bulk were United Kingdom ($1.23B), Ireland ($367M), Canada ($321M), Germany ($316M), and Russia ($189M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Medicaments nes, formulated, in bulk.
It is possible to select the main countries that export or import Medicaments nes, formulated, in bulk in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Medicaments nes, formulated, in bulk by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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