New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Exports | Imports $1.77B | $3.52BWorld Rnk 2 / 199
Flag Rnk 176 / 1217
World Rnk 1 / 220
Flag Rnk 162 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $29.3M | $115MBelgium |  Finland
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals0.68Rnk 300 / 1025

About

Exports In 2022, United States exported $1.77B in Special Pharmaceuticals, making it the 2nd largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 176th most exported product in United States. The main destination of Special Pharmaceuticals exports from United States are: Japan ($234M), Belgium ($213M), Singapore ($176M), China ($170M), and Canada ($143M).

The fastest growing export markets for Special Pharmaceuticals of United States between 2021 and 2022 were Belgium ($29.3M), Canada ($24.6M), and United Kingdom ($20.8M).

Imports In 2022, United States imported $3.52B in Special Pharmaceuticals, becoming the 1st largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 162nd most imported product in United States. United States imports Special Pharmaceuticals primarily from: Finland ($608M), Netherlands ($497M), China ($398M), Germany ($306M), and Switzerland ($249M).

The fastest growing import markets in Special Pharmaceuticals for United States between 2021 and 2022 were Finland ($115M), Italy ($39.9M), and Israel ($17.4M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (1.74k), WAL-MART INC. (1.61k), and LG ELECTRONICS U.S.A. INC. (1.07k) were at the forefront of shipping Special Pharmaceuticals to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Special Pharmaceuticals exports accounted up to $211M and imports accounted up to $332M, resulting in a negative trade balance of $121M. Between January 2023 and January 2024 the exports of United States'   Special Pharmaceuticals have increased by $8.97M (4.44%) from $202M to $211M, while imports decreased by $-25.4M (-7.11%) from $357M to $332M.

Destinations In January 2024, Special Pharmaceuticals were exported mostly to China ($36.1M), Japan ($23.5M), Canada ($19.3M), Germany ($18.5M), and Belgium ($14.6M), and were imported mostly from Finland ($52.6M), Ireland ($52M), Germany ($38.2M), Netherlands ($25.9M), and Spain ($20.2M).

Growth In January 2024, the increase in Special Pharmaceuticals's year-by-year exports was explained primarily by an increase in exports to Germany ($16.9M or 398%), Ireland ($5.3M or 947%), and Singapore ($5.25M or 40.8%). In January 2024, the decrease in Special Pharmaceuticals's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-25.5M or -27.9%), Mexico ($-18.5M or -70.4%), and Denmark ($-10.3M or -50.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$8.97M(4.44%)
IMPORT GROWTH (January 2023 - January 2024)$-25.4M(-7.11%)
MAIN EXPORTER (January 2024)Tennessee$59.7M
MAIN DESTINATION (January 2024)China$36.1M

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

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.77B
IMPORTS (2022)$3.52B
NET TRADE (2022)-$1.76B

In 2022, United States exported $1.77B in Special Pharmaceuticals. The main destinations of United States exports on Special Pharmaceuticals were Japan ($234M), Belgium ($213M), Singapore ($176M), China ($170M), and Canada ($143M).

In 2022, United States imported $3.52B in Special Pharmaceuticals, mainly from Finland ($608M), Netherlands ($497M), China ($398M), Germany ($306M), and Switzerland ($249M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR United States WERE (2021 - 2022):
Belgium$29.3M (16%)
Canada$24.6M (20.9%)
United Kingdom$20.8M (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY United States WERE (2021 - 2022):
China-$125M (-42.4%)
Singapore-$42.5M (-19.5%)
Russia-$14.4M (-68.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Special Pharmaceuticals were:
Germany $3.23B
Netherlands $1.25B
In 2022, United States's main importing competitors in Special Pharmaceuticals were:
Belgium $1.22B
China $1.01B

Explore Visualizations

Trade Value of Special Pharmaceuticals by Exporters

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms