HS Icon Packaged Medicaments in  Flag Canada

2019
Exports | Imports
: $7.71B | $8.01B, World Rnk 14 / 205
Flag Rnk 7 / 1208 | World Rnk 13 / 224
Flag Rnk 7 / 1213

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $624M | $238M, United States |  United States

2019
ECONOMIC COMPLEXITY of Canada
: 0.96, Rnk 31 / 147

2019
PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.64, Rnk 320 / 1029

Exports In 2019, Canada exported $7.71B in Packaged Medicaments, making it the 14th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most exported product in Canada. The main destination of Packaged Medicaments exports from Canada are: United States ($5.02B), Italy ($628M), Japan ($509M), Belgium ($252M), and Ireland ($111M).

The fastest growing export markets for Packaged Medicaments of Canada between 2018 and 2019 were United States ($624M), Japan ($121M), and China ($78.2M).

Imports In 2019, Canada imported $8.01B in Packaged Medicaments, becoming the 13th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Canada. Canada imports Packaged Medicaments primarily from: United States ($2.4B), Switzerland ($1.01B), Germany ($901M), United Kingdom ($618M), and Belgium ($417M).

The fastest growing import markets in Packaged Medicaments for Canada between 2018 and 2019 were United States ($238M), Italy ($91.9M), and Ireland ($66M).

November 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (November 2020 - November 2021): C$-243M, (-33.5%)

IMPORT GROWTH (November 2020 - November 2021): C$-362M, (-33.5%)

MAIN EXPORTER (November 2021): Ontario, C$275M

MAIN DESTINATION (November 2021): United States, C$191M

This section shows Packaged Medicaments's exports and imports data at subnational level for Canada. 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 Packaged Medicaments over time.

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Historical Data

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EXPORTS (2019): $7.71B

IMPORTS (2019): $8.01B

NET TRADE (2019): -$299M

In 2019, Canada exported $7.71B in Packaged Medicaments. The main destinations of Canada exports on Packaged Medicaments were United States ($5.02B), Italy ($628M), Japan ($509M), Belgium ($252M), and Ireland ($111M).

In 2019, Canada imported $8.01B in Packaged Medicaments, mainly from United States ($2.4B), Switzerland ($1.01B), Germany ($901M), United Kingdom ($618M), and Belgium ($417M).

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IN 2019, Canada HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

IN 2019, Canada HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Canada WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Canada WERE (2018 - 2019):

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Market Concentration

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In 2019, Canada's main exporting competitors in Packaged Medicaments were:

In 2019, Canada's main importing competitors in Packaged Medicaments were:

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Tariffs by Country

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In 2018, the tariffs for Packaged Medicaments in the imports of Canada were of 0% around the world.