Special Pharmaceuticals in United Kingdom

EXPORTS (2018): $299M, World Rnk 14 / 149
Flag Rnk 220 / 1215

TOP DESTINATION (2018): $83.6M, United States

FASTEST GROWING MARKET (2017 - 2018): $14.8M, France

IMPORTS (2018): $447M, World Rnk 8 / 213
Flag Rnk 272 / 1212

TOP ORIGIN (2018): $132M, Belgium-Luxembourg

FASTEST GROWING ORIGIN (2017 - 2018): $10.1M, Poland

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

PRODUCT COMPLEXITY  IN Special Pharmaceuticals (2018): 0.78, Rnk 245 / 1018

Overview: This page contains the latest trade data of Special Pharmaceuticals in United Kingdom.

Exports: In 2018, United Kingdom exported $299M in Special Pharmaceuticals, making it the 14th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 220th most exported product in United Kingdom. The main destination of Special Pharmaceuticals exports from United Kingdom are: United States ($83.6M), France ($33.5M), Germany ($28.3M), Ireland ($20.2M), and Belgium-Luxembourg ($18.8M).

The fastest growing export markets for Special Pharmaceuticals of United Kingdom between 2017 and 2018 were France ($14.8M), Ireland ($7.63M), and United States ($3.49M).

Imports: In 2018, United Kingdom imported $447M in Special Pharmaceuticals, becoming the 8th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 272nd most imported product in United Kingdom. United Kingdom imports Special Pharmaceuticals primarily from: Belgium-Luxembourg ($132M), Germany ($78.8M), Netherlands ($42.8M), Ireland ($23.3M), and Italy ($19.5M).

The fastest growing import markets in Special Pharmaceuticals for United Kingdom between 2017 and 2018 were Poland ($10.1M), Switzerland ($9.01M), and Norway ($8.92M).

Overview: In June 2020 United Kingdom's Special Pharmaceuticals exports accounted up to £25.5M and imports accounted up to £30.5M, resulting in a negative trade balance of £4.99M. Between June 2019 and June 2020 the exports of United Kingdom's   Special Pharmaceuticals have decreased by £-1.22M (-4.57%) from £26.7M to £25.5M, while imports decreased by £-28.7M (-48.5%) from £59.1M to £30.5M.

Destinations: In June 2020 Special Pharmaceuticals exported mostly to United States (£8M), France (£7.13M), Netherlands (£812k), Germany (£759k), and Denmark (£752k), and imported mostly from Hungary (£8.3M), Netherlands (£7.24M), Belgium (£4.4M), Denmark (£1.57M), and Ireland (£1.47M).

Growth: In June 2020, the decrease in Special Pharmaceuticals's year-by-year exports was explained primarily by a decrease in exports to United States (£-4.47M or -61.1%), Australia (£-1.36M or -43.8%), and Switzerland (£-832k or -66.2%). In June 2020, the decrease in Special Pharmaceuticals's year-by-year imports was explained primarily by a decrease in imports from Hungary (£-3.66M or -31.2%), Belgium (£-3.5M or -60%), and Germany (£-1.66M or -41%).

Subnational Monthly Trade

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Value

EXPORT GROWTH (June 2019 - June 2020): £-1.22M, (-4.57%)

IMPORT GROWTH (June 2019 - June 2020): £-28.7M, (-48.5%)

MAIN EXPORTER (June 2020): Liverpool, £4.93M

MAIN DESTINATION (June 2020): United States, £8M

This section shows Special Pharmaceuticals's exports and imports data at subnational level for United Kingdom. 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 Special Pharmaceuticals over time.

Value

EXPORTS (2018): $299M

IMPORTS (2018): $447M

NET TRADE (2018): -$148M

In 2018, United Kingdom exported $299M in Special Pharmaceuticals. The main destinations of United Kingdom exports on Special Pharmaceuticals were United States ($83.6M), France ($33.5M), Germany ($28.3M), Ireland ($20.2M), and Belgium-Luxembourg ($18.8M).

In 2018, United Kingdom imported $447M in Special Pharmaceuticals, mainly from Belgium-Luxembourg ($132M), Germany ($78.8M), Netherlands ($42.8M), Ireland ($23.3M), and Italy ($19.5M).

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IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Special Pharmaceuticals WITH:

  • United States, $66.9M ($83.6M - $16.6M)
  • France, $20.4M ($33.5M - $13.1M)
  • Japan, $4.97M ($5.62M - $644k)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Special Pharmaceuticals WITH:

  • Belgium-Luxembourg, -$113M ($18.8M - $132M)
  • Germany, -$50.6M ($28.3M - $78.8M)
  • Netherlands, -$36.1M ($6.72M - $42.8M)
Flow

THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

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

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Market Concentration

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In 2018, United Kingdom's main exporting competitors in Special Pharmaceuticals were:

In 2018, United Kingdom's main importing competitors in Special Pharmaceuticals were:

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Trade Forecasts

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Time

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

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