Overview In December 2022 United States' Packaged Medicaments exports accounted up to $2.67B and imports accounted up to $7.21B, resulting in a negative trade balance of $4.54B. Between December 2021 and December 2022 the exports of United States' Packaged Medicaments have decreased by $-1.93M (-0.072%) from $2.67B to $2.67B, while imports decreased by $-261M (-3.49%) from $7.47B to $7.21B.
Destinations In December 2022, Packaged Medicaments were exported mostly to United Kingdom ($453M), Japan ($364M), China ($260M), Spain ($224M), and Canada ($203M), and were imported mostly from Germany ($1.22B), Denmark ($1.1B), Ireland ($997M), India ($622M), and Switzerland ($606M).
Growth In December 2022, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to China ($-92.6M or -57.2%), Ireland ($-62M or -64.2%), and Belgium ($-39.6M or -28.4%). In December 2022, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-785M or -49.7%), Denmark ($-177M or -32%), and Germany ($-161M or -18.5%).