HS Icon Packaged Medicaments in  Flag India

2019
Exports | Imports
: $15.8B | $1.26B, World Rnk 10 / 205
Flag Rnk 3 / 1213 | World Rnk 46 / 224
Flag Rnk 52 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.32B | $50.1M, United States |  Germany

2019
ECONOMIC COMPLEXITY of India
: 0.57, Rnk 45 / 147

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

Exports: In 2019, India exported $15.8B in Packaged Medicaments, making it the 10th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most exported product in India. The main destination of Packaged Medicaments exports from India are: United States ($6.8B), Russia ($505M), South Africa ($490M), United Kingdom ($446M), and Germany ($334M).

The fastest growing export markets for Packaged Medicaments of India between 2018 and 2019 were United States ($1.32B), Russia ($92M), and Tanzania ($68.9M).

Imports: In 2019, India imported $1.26B in Packaged Medicaments, becoming the 46th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 52nd most imported product in India. India imports Packaged Medicaments primarily from: United States ($233M), Germany ($211M), Switzerland ($152M), Netherlands ($83.7M), and Belgium ($79.8M).

The fastest growing import markets in Packaged Medicaments for India between 2018 and 2019 were Germany ($50.1M), Singapore ($30.5M), and United Kingdom ($18.9M).

Tariffs: In 2018, the average tariff for India in Packaged Medicaments was 8.34%. The countries with the highest import tariffs for Packaged Medicaments were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).

Historical Data

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Value

EXPORTS (2019): $15.8B

IMPORTS (2019): $1.26B

NET TRADE (2019): $14.6B

In 2019, India exported $15.8B in Packaged Medicaments. The main destinations of India exports on Packaged Medicaments were United States ($6.8B), Russia ($505M), South Africa ($490M), United Kingdom ($446M), and Germany ($334M).

In 2019, India imported $1.26B in Packaged Medicaments, mainly from United States ($233M), Germany ($211M), Switzerland ($152M), Netherlands ($83.7M), and Belgium ($79.8M).

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

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

Flow

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

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

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Market Concentration

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Type

In 2018, India's main exporting competitors in Packaged Medicaments were:

In 2018, India's main importing competitors in Packaged Medicaments were:

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Tariffs by Country

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In 2018, the average tariff for India in Packaged Medicaments was 8.34%.

The countries with the highest tariffs for Packaged Medicaments in India were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).