Overview In November 2022 United Kingdom's Packaged Medicaments exports accounted up to £1.55B and imports accounted up to £1.55B, resulting in a positive trade balance of £7.05M. Between November 2021 and November 2022 the exports of United Kingdom's Packaged Medicaments have increased by £237M (18%) from £1.32B to £1.55B, while imports increased by £591M (61.8%) from £957M to £1.55B.
Destinations In November 2022, Packaged Medicaments were exported mostly to United States (£320M), Belgium (£272M), Germany (£264M), Ireland (£100M), and China (£76.5M), and were imported mostly from Italy (£418M), Netherlands (£263M), United States (£237M), Germany (£147M), and France (£76M).
Growth In November 2022, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to China (£79.6M or 142%), Japan (£44.9M or 166%), and Singapore (£7.35M or 141%). In November 2022, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Singapore (£16.1M or 51.1k%), India (£12.2M or 33.4%), and Sweden (£4.19M or 41.8%).