Packaged Medicaments in United Kingdom

EXPORTS (2018): $19.3B, World Rnk 8 / 190
Flag Rnk 5 / 1215

TOP DESTINATION (2018): $2.6B, United States

FASTEST GROWING IN MARKET (2017 - 2018): $519M, Canada

IMPORTS (2018): $17B, World Rnk 4 / 217
Flag Rnk 5 / 1212

TOP ORIGIN (2018): $2.71B, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $1.03B, United States

ECONOMIC COMPLEXITY of United Kingdom (2018): 1.49, Rnk 13 / 137

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Exports: In 2018, United Kingdom exported $19.3B in Packaged Medicaments, making it the 8th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most exported product in United Kingdom. The main destination of Packaged Medicaments exports from United Kingdom are: United States ($2.6B), Germany ($2.45B), Netherlands ($1.57B), China ($1.22B), and Japan ($973M).

The fastest growing export markets for Packaged Medicaments of United Kingdom between 2017 and 2018 were Canada ($519M), Netherlands ($404M), and Australia ($286M).

Imports: In 2018, United Kingdom imported $17B in Packaged Medicaments, becoming the 4th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in United Kingdom. United Kingdom imports Packaged Medicaments primarily from: Germany ($2.71B), Belgium-Luxembourg ($2.32B), United States ($2.22B), France ($1.45B), and Switzerland ($1.25B).

The fastest growing import markets in Packaged Medicaments for United Kingdom between 2017 and 2018 were United States ($1.03B), Israel ($500M), and Belgium-Luxembourg ($489M).

Value

EXPORTS (2018): $19.3B

IMPORTS (2018): $17B

NET TRADE (2018): $2.39B

In 2018, United Kingdom exported $19.3B in Packaged Medicaments. The main destinations of United Kingdom exports on Packaged Medicaments were United States ($2.6B), Germany ($2.45B), Netherlands ($1.57B), China ($1.22B), and Japan ($973M).

In 2018, United Kingdom imported $17B in Packaged Medicaments, mainly from Germany ($2.71B), Belgium-Luxembourg ($2.32B), United States ($2.22B), France ($1.45B), and Switzerland ($1.25B).

IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • China, $1.11B ($1.22B - $104M)
  • Canada, $860M ($901M - $40.5M)
  • Japan, $651M ($973M - $322M)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Belgium-Luxembourg, -$1.67B ($649M - $2.32B)
  • Switzerland, -$729M ($520M - $1.25B)
  • India, -$496M ($51M - $547M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY United Kingdom WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, United Kingdom's main exporting competitors in Packaged Medicaments were:

In 2018, United Kingdom's main importing competitors in Packaged Medicaments were:

Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments in United Kingdom. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts