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2022
Exports $476MWorld Rnk 9 / 157
Flag Rnk 251 / 1217
2022
Destination $98.5M Switzerland
2021 - 2022
FASTEST GROWING MARKET $98.5MSwitzerland
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments0.61Rnk 312 / 1025
2022
Imports $346MWorld Rnk 8 / 215
Flag Rnk 317 / 1215
2022
Origin $16.3M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $16.3MIreland
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $476M in Unpackaged Medicaments, making it the 9th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 251st most exported product in Italy. The main destination of Unpackaged Medicaments exports from Italy are: Switzerland ($190M), Germany ($64.8M), United States ($58.4M), France ($32.6M), and Spain ($18.6M).

The fastest growing export markets for Unpackaged Medicaments of Italy between 2021 and 2022 were Switzerland ($98.5M), Spain ($8.79M), and United States ($8.27M).

Imports In 2022, Italy imported $346M in Unpackaged Medicaments, becoming the 8th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 317th most imported product in Italy. Italy imports Unpackaged Medicaments primarily from: Belgium ($66.9M), Switzerland ($62.1M), Spain ($59.3M), Germany ($33.9M), and Ireland ($24.1M).

The fastest growing import markets in Unpackaged Medicaments for Italy between 2021 and 2022 were Ireland ($16.3M), Spain ($10.5M), and China ($8.85M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (3) were at the forefront of shipping Unpackaged Medicaments from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Unpackaged Medicaments exports accounted up to €104M and imports accounted up to €11M, resulting in a positive trade balance of €93M. Between August 2023 and August 2024 the exports of Italy's   Unpackaged Medicaments have increased by €76.4M (277%) from €27.6M to €104M, while imports decreased by €-24.1M (-68.7%) from €35M to €11M.

Destinations In August 2024, Unpackaged Medicaments were exported mostly to Netherlands (€70.5M), Germany (€5.83M), Belgium (€5.15M), United Kingdom (€4.57M), and France (€4.57M), and were imported mostly from Belgium (€3M), Spain (€2.12M), Austria (€2.08M), Japan (€746k), and China (€611k).

Growth In August 2024, the increase in Unpackaged Medicaments's year-by-year exports was explained primarily by an increase in exports to Germany (€2.2M or 55.9%), United States (€1.28M or 61.7%), and Switzerland (€652k or 187%). In August 2024, the decrease in Unpackaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-6.15M or -68%), Switzerland (€-5.2M or -99.6%), and Portugal (€-19.8k or -82.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€76.4M(277%)
IMPORT GROWTH (August 2023 - August 2024)€-24.1M(-68.7%)
MAIN DESTINATION (August 2024)Netherlands€70.5M

This section shows Unpackaged Medicaments's exports and imports data at subnational level for Italy. 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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Historical Data

Trade Balance

Color
EXPORTS (2022)$476M
IMPORTS (2022)$346M
NET TRADE (2022)$131M

In 2022, Italy exported $476M in Unpackaged Medicaments. The main destinations of Italy exports on Unpackaged Medicaments were Switzerland ($190M), Germany ($64.8M), United States ($58.4M), France ($32.6M), and Spain ($18.6M).

In 2022, Italy imported $346M in Unpackaged Medicaments, mainly from Belgium ($66.9M), Switzerland ($62.1M), Spain ($59.3M), Germany ($33.9M), and Ireland ($24.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Switzerland$98.5M (108%)
Spain$8.79M (89.7%)
United States$8.27M (16.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Italy WERE (2021 - 2022):
Ireland-$31.3M (-99.3%)
Germany-$8.76M (-11.9%)
Netherlands-$3.21M (-45.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Unpackaged Medicaments were:
United States $1.31B
Israel $1.25B
China $1.05B
In 2022, Italy's main importing competitors in Unpackaged Medicaments were:
United States $1.37B
United Kingdom $1.35B
Germany $971M

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.1M
TOP IMPORT POTENTIALSwitzerland+ $12.3M

Unpackaged Medicaments’s highest export potential is United States. With an export gap of $14.1M.   Unpackaged Medicaments’s highest import potential is Switzerland with an import gap of $12.3M.

See methodology.

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