Unpackaged Medicaments in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $122M in Unpackaged Medicaments, making it the 23rd largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 363rd most exported product in Canada. The main destination of Unpackaged Medicaments exports from Canada are: United States ($35.8M), Belgium ($24.8M), India ($10.8M), Netherlands ($9.46M), and Brazil ($7.41M).

The fastest growing export markets for Unpackaged Medicaments of Canada between 2021 and 2022 were Belgium ($19.6M), United States ($12M), and Brazil ($6.18M).

Imports In 2022, Canada imported $446M in Unpackaged Medicaments, becoming the 6th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 247th most imported product in Canada. Canada imports Unpackaged Medicaments primarily from: Portugal ($343M), United States ($39.4M), United Kingdom ($18.9M), China ($16.1M), and India ($9.24M).

The fastest growing import markets in Unpackaged Medicaments for Canada between 2021 and 2022 were Portugal ($331M), United Kingdom ($13.7M), and Italy ($1.78M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Unpackaged Medicaments from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Unpackaged Medicaments exports accounted up to C$7.47M and imports accounted up to C$8.03M, resulting in a negative trade balance of C$556k. Between January 2023 and January 2024 the exports of Canada's Unpackaged Medicaments have decreased by C$-3.83M (-33.9%) from C$11.3M to C$7.47M, while imports increased by C$211k (2.7%) from C$7.82M to C$8.03M.

Destinations In January 2024, Unpackaged Medicaments were exported mostly to United States (C$5.03M), India (C$1.1M), South Korea (C$524k), Chile (C$367k), and Italy (C$350k), and were imported mostly from United States (C$4.5M), India (C$1.01M), Spain (C$758k), China (C$428k), and Brazil (C$313k).

Growth In January 2024, the decrease in Unpackaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to Netherlands (C$-612k or -56.3%), Belgium (C$-330k or -13.9%), and India (C$-251k or -20.4%). In January 2024, the increase in Unpackaged Medicaments's year-by-year imports was explained primarily by an increase in imports from India (C$498k or 323%), Slovakia (C$180k or 390%), and Sweden (C$149k or 358%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-3.83M(-33.9%)

IMPORT GROWTH (January 2023 - January 2024)C$211k(2.7%)

MAIN EXPORTER (January 2024)QuebecC$4.17M

MAIN DESTINATION (January 2024)United StatesC$5.03M

This section shows Unpackaged Medicaments's exports and imports data at subnational level for Canada. 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 Unpackaged Medicaments over time.

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