Overview: In July 2020 United States' Packaged Medicaments exports accounted up to $1.8B and imports accounted up to $7.11B, resulting in a negative trade balance of $5.31B. Between July 2019 and July 2020 the exports of United States' Packaged Medicaments have decreased by $-43.1M (-2.34%) from $1.84B to $1.8B, while imports decreased by $-415M (-5.52%) from $7.53B to $7.11B.
Destinations: In July 2020 Packaged Medicaments exported mostly to China ($243M), Canada ($222M), Belgium ($187M), Japan ($150M), and United Kingdom ($143M), and imported mostly from Ireland ($1.69B), Switzerland ($1.2B), India ($664M), Germany ($587M), and Denmark ($421M).
Growth: In July 2020, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to Italy ($-75.7M or -41.3%), Japan ($-24.3M or -12%), and Belgium ($-22.3M or -12.4%). In July 2020, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from Italy ($-275M or -46.5%), France ($-72M or -33.1%), and Japan ($-58.8M or -24.8%).