Overview In May 2022 United Kingdom's Packaged Medicaments exports accounted up to £1.33B and imports accounted up to £1.55B, resulting in a negative trade balance of £225M. Between May 2021 and May 2022 the exports of United Kingdom's Packaged Medicaments have increased by £145M (12.2%) from £1.18B to £1.33B, while imports increased by £627M (67.9%) from £923M to £1.55B.
Destinations In May 2022, Packaged Medicaments were exported mostly to United States (£208M), Germany (£168M), China (£157M), Belgium (£156M), and France (£124M), and were imported mostly from Germany (£292M), United States (£274M), Netherlands (£251M), Italy (£150M), and Belgium (£132M).
Growth In May 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 May 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%).