Overview: In August 2020 United Kingdom's Packaged Medicaments exports accounted up to £1.05B and imports accounted up to £828M, resulting in a positive trade balance of £226M. Between August 2019 and August 2020 the exports of United Kingdom's Packaged Medicaments have increased by £3.7M (0.35%) from £1.05B to £1.05B, while imports decreased by £-2.67M (-0.32%) from £831M to £828M.
Destinations: In August 2020 Packaged Medicaments exported mostly to United States (£179M), China (£157M), Germany (£115M), Netherlands (£60.8M), and Japan (£58.8M), and imported mostly from United States (£109M), Germany (£103M), Italy (£101M), Netherlands (£90.3M), and Ireland (£84.1M).
Growth: In August 2020, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to China (£40.3M or 34.6%), United States (£26.6M or 17.4%), and Japan (£21.2M or 56.5%). In August 2020, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from Belgium (£-67.9M or -60.5%), Netherlands (£-42.7M or -32.1%), and Germany (£-24M or -19%).