Packaged Medicaments in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $5.6B in Packaged Medicaments, making it the 19th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 125th most exported product in China. The main destination of Packaged Medicaments exports from China are: United States ($1B), Denmark ($621M), France ($491M), Hong Kong ($290M), and United Kingdom ($213M).

The fastest growing export markets for Packaged Medicaments of China between 2021 and 2022 were France ($202M), Malaysia ($86.5M), and Netherlands ($76.4M).

Imports In 2022, China imported $18.8B in Packaged Medicaments, becoming the 6th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 20th most imported product in China. China imports Packaged Medicaments primarily from: Germany ($2.88B), United States ($2.81B), Switzerland ($2.08B), United Kingdom ($1.36B), and Italy ($1.36B).

The fastest growing import markets in Packaged Medicaments for China between 2021 and 2022 were United States ($381M), Italy ($341M), and Spain ($304M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (201), CONAIR CORPORATION (56), and BASS PRO LLC (13) were at the forefront of shipping Packaged Medicaments from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Packaged Medicaments exports accounted up to $405M and imports accounted up to $1.37B, resulting in a negative trade balance of $968M. Between February 2023 and February 2024 the exports of China's Packaged Medicaments have decreased by $-6.87M (-1.67%) from $412M to $405M, while imports decreased by $-791M (-36.6%) from $2.16B to $1.37B.

Destinations In February 2024, Packaged Medicaments were exported mostly to Denmark ($68.8M), United States ($65.4M), Hong Kong ($25.8M), Belgium ($20.5M), and South Korea ($16.5M), and were imported mostly from Germany ($280M), Ireland ($175M), Italy ($150M), United States ($114M), and Japan ($111M).

Growth In February 2024, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to Denmark ($-99.3M or -76.1%), Brazil ($-24M or -84.7%), and Hong Kong ($-14.4M or -37.9%). In February 2024, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-143M or -83%), France ($-81M or -41%), and Singapore ($-63.4M or -92.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-6.87M(-1.67%)

IMPORT GROWTH (February 2023 - February 2024)$-791M(-36.6%)

MAIN EXPORTER (February 2024)Jiangsu Province$126M

MAIN DESTINATION (February 2024)Denmark$68.8M

This section shows Packaged Medicaments's exports and imports data at subnational level for China. 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 Packaged Medicaments over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download