Packaged Medicaments in United Kingdom 2020 Exports | Imports : $18.9B | $14.8B, World Rnk 8 / 210 Rnk 2 / 1216 | World Rnk 8 / 224 Rnk 4 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $467M | $372M, United States | Ireland
2020 ECONOMIC COMPLEXITY of United Kingdom: 1.42, Rnk 13 / 127
2020 PRODUCT COMPLEXITY IN Packaged Medicaments: 0.6, Rnk 320 / 1029
Exports In 2020, United Kingdom exported $18.9B in Packaged Medicaments, making it the 8th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in United Kingdom. The main destination of Packaged Medicaments exports from United Kingdom are: United States ($3.15B), Germany ($2.42B), China ($1.81B), Netherlands ($1.22B), and Ireland ($1.13B).
The fastest growing export markets for Packaged Medicaments of United Kingdom between 2019 and 2020 were United States ($467M), Belgium ($268M), and Germany ($246M).
Imports In 2020, United Kingdom imported $14.8B in Packaged Medicaments, becoming the 8th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in United Kingdom. United Kingdom imports Packaged Medicaments primarily from: Germany ($2.53B), United States ($1.73B), Netherlands ($1.43B), Ireland ($1.36B), and Italy ($1.3B).
The fastest growing import markets in Packaged Medicaments for United Kingdom between 2019 and 2020 were Ireland ($372M), Japan ($130M), and Netherlands ($128M).
November 2022
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%).
EXPORT GROWTH (November 2021 - November 2022): £237M, (18%)
IMPORT GROWTH (November 2021 - November 2022): £591M, (61.8%)
MAIN EXPORTER (November 2022): London Heathrow Airport, £469M
MAIN DESTINATION (November 2022): United States, £320M
This section shows Packaged Medicaments'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 Packaged Medicaments over time.
For full datasets download visit Bulk Download page.
EXPORTS (2020): $18.9B
IMPORTS (2020): $14.8B
NET TRADE (2020): $4.06B
In 2020, United Kingdom exported $18.9B in Packaged Medicaments. The main destinations of United Kingdom exports on Packaged Medicaments were United States ($3.15B), Germany ($2.42B), China ($1.81B), Netherlands ($1.22B), and Ireland ($1.13B).
In 2020, United Kingdom imported $14.8B in Packaged Medicaments, mainly from Germany ($2.53B), United States ($1.73B), Netherlands ($1.43B), Ireland ($1.36B), and Italy ($1.3B).
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR United Kingdom WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY United Kingdom WERE (2019 - 2020):
In 2020, United Kingdom's main exporting competitors in Packaged Medicaments were:
In 2020, United Kingdom's main importing competitors in Packaged Medicaments were:
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.14 lamb