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300120 (Harmonized System 1992 for 6-digit)

2022
World Trade $290MRnk 3441 / 4648
2022
Top Exporter | Top Importer $74.1M | $32.5MUnited States | United States
2022
Product Complexity 0.57Rnk 1524 / 4653
2021 - 2022
Export Growth (CAGR) -10.9%Rnk 4004 / 4648
2022
Share of World Trade 0.0012%Rnk 3441 / 4648

About

Overview This page contains the latest trade data of Extracts of glands etc. for therapeutic use. In 2022, Extracts of glands etc. for therapeutic use were the world's 3441st most traded product, with a total trade of $290M. Between 2021 and 2022 the exports of Extracts of glands etc. for therapeutic use decreased by -10.9%, from $326M to $290M. Trade in Extracts of glands etc. for therapeutic use represent 0.0012% of total world trade.

Extracts of glands etc. for therapeutic use are a part of Glands and Other Organs.

Exports In 2022 the top exporters of Extracts of glands etc. for therapeutic use  were United States ($74.1M), Denmark ($33.5M), China ($31.5M), Spain ($17.6M), and United Kingdom ($15.8M).

Imports In 2022 the top importers of Extracts of glands etc. for therapeutic use were United States ($32.5M), Germany ($32M), Japan ($30.5M), Italy ($26.6M), and South Korea ($19.6M).

Ranking Extracts of glands etc. for therapeutic use ranks 1524th in the Product Complexity Index (PCI).

Description In some cases, gland extracts are used to treat an underlying condition, such as the thyroid gland to treat hypothyroidism. Many glands, such as the adrenal glands, produce hormones that are important for the body’s function, and some gland extracts are used to replace a hormone that is not being produced in adequate quantities, such as in the case of Addison’s disease.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Extracts of glands etc. for therapeutic use. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$74.1M
Top Destination (2022)United States$32.5M

In 2022 Extracts of glands etc. for therapeutic use were the world's 3441st most traded product (out of 4,648).

In 2022, the top exporters of Extracts of glands etc. for therapeutic use were United States ($74.1M), Denmark ($33.5M), China ($31.5M), Spain ($17.6M), and United Kingdom ($15.8M).

In 2022, the top importers of Extracts of glands etc. for therapeutic use were United States ($32.5M), Germany ($32M), Japan ($30.5M), Italy ($26.6M), and South Korea ($19.6M).

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Exporters of Extracts of glands etc. for therapeutic use (2022)
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Importers of Extracts of glands etc. for therapeutic use (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$5.32M
Top Destination Growth (2021 -  2022)Japan$5.88M

Between 2021 and 2022, the exports of Extracts of glands etc. for therapeutic use grew the fastest in United Kingdom ($5.32M), Canada ($3.23M), Germany ($2.89M), Lithuania ($1.78M), and France ($1.49M).

Between 2021 and 2022, the fastest growing importers of Extracts of glands etc. for therapeutic use were Japan ($5.88M), Spain ($2.87M), Netherlands ($2.36M), Canada ($1.92M), and Mexico ($1.72M).

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Exporters of Extracts of glands etc. for therapeutic use (2021 - 2022)

Importers of Extracts of glands etc. for therapeutic use (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Extracts of glands etc. for therapeutic use.

In 2022, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Extracts of glands etc. for therapeutic use are explained by 15 countries.

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Value of Exports in Extracts of glands etc. for therapeutic use

Net Trade

TOP NET EXPORTER (2022)United States$41.5M
TOP NET IMPORTER (2022)South Korea$18.7M

This map shows which countries export or import more of Extracts of glands etc. for therapeutic use. Each country is colored based on the difference in exports and imports of Extracts of glands etc. for therapeutic use during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Extracts of glands etc. for therapeutic use were United States ($41.5M), Denmark ($28.5M), China ($15.5M), Spain ($12.1M), and Australia ($8.32M).

In 2022, the countries that had a largest trade value in imports than in exports of Extracts of glands etc. for therapeutic use were South Korea ($18.7M), Japan ($18.6M), Germany ($18.1M), Italy ($14.3M), and Hong Kong ($7.1M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Extracts of glands etc. for therapeutic use.
It is possible to select the main countries that export or import Extracts of glands etc. for therapeutic use in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Extracts of glands etc. for therapeutic use by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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