HS Icon Packaged Medicaments in  Flag Ireland

2020
Exports | Imports
: $32.4B | $4.14B, World Rnk 3 / 210
Flag Rnk 2 / 1195 | World Rnk 18 / 224
Flag Rnk 2 / 1206

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.38B | $297M, United States |  Germany


ECONOMIC COMPLEXITY of Ireland
: 1.34, Rnk 16 / 127


PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.58, Rnk 332 / 1028

Exports In 2020, Ireland exported $32.4B in Packaged Medicaments, making it the 3rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in Ireland. The main destination of Packaged Medicaments exports from Ireland are: United States ($14.4B), Germany ($3.49B), Italy ($2.09B), France ($1.96B), and United Kingdom ($1.36B).

The fastest growing export markets for Packaged Medicaments of Ireland between 2019 and 2020 were United States ($2.38B), Germany ($1.68B), and United Kingdom ($372M).

Imports In 2020, Ireland imported $4.14B in Packaged Medicaments, becoming the 18th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most imported product in Ireland. Ireland imports Packaged Medicaments primarily from: United Kingdom ($1.13B), Germany ($877M), United States ($656M), Netherlands ($215M), and Switzerland ($182M).

The fastest growing import markets in Packaged Medicaments for Ireland between 2019 and 2020 were Germany ($297M), United States ($135M), and United Kingdom ($110M).

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $32.4B

IMPORTS (2020): $4.14B

NET TRADE (2020): $28.3B

In 2020, Ireland exported $32.4B in Packaged Medicaments. The main destinations of Ireland exports on Packaged Medicaments were United States ($14.4B), Germany ($3.49B), Italy ($2.09B), France ($1.96B), and United Kingdom ($1.36B).

In 2020, Ireland imported $4.14B in Packaged Medicaments, mainly from United Kingdom ($1.13B), Germany ($877M), United States ($656M), Netherlands ($215M), and Switzerland ($182M).

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IN 2020, Ireland HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

IN 2020, Ireland HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Ireland WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Ireland WERE (2019 - 2020):

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Market Concentration

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

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

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