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300190 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.64BRnk 789 / 4644
2023
Top Exporter | Top Importer $795M | $915MChina | France
2023
Product Complexity 0.54Rnk 1586 / 4656
2022 - 2023
Export Growth (CAGR) -15.9%Rnk 3321 / 4644
2023
Share of World Trade 0.021%Rnk 789 / 4644

About

Overview This page contains the latest trade data of Heparin, salts, for therapeutic use. In 2023, Heparin, salts, for therapeutic use were the world's 789th most traded product, with a total trade of $4.64B. Between 2022 and 2023 the exports of Heparin, salts, for therapeutic use decreased by -15.9%, from $5.52B to $4.64B. Trade in Heparin, salts, for therapeutic use represent 0.021% of total world trade.

Heparin, salts, for therapeutic use are a part of Glands and Other Organs.

Exports In 2023 the top exporters of Heparin, salts, for therapeutic use  were China ($795M), United States ($682M), Singapore ($631M), France ($605M), and Spain ($376M).

Imports In 2023 the top importers of Heparin, salts, for therapeutic use were France ($915M), Singapore ($536M), United States ($402M), Spain ($363M), and Hungary ($288M).

Ranking Heparin, salts, for therapeutic use ranks 1586th in the Product Complexity Index (PCI).

Description Heparin is a medication which is used to prevent blood clots. It is usually administered by injection or as a shot. Salts are used to control acid-base balance in the body, as well as for other therapeutic purposes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Heparin, salts, 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 (2023)China$795M
Top Destination (2023)France$915M

In 2023 Heparin, salts, for therapeutic use were the world's 789th most traded product (out of 4,644).

In 2023, the top exporters of Heparin, salts, for therapeutic use were China ($795M), United States ($682M), Singapore ($631M), France ($605M), and Spain ($376M).

In 2023, the top importers of Heparin, salts, for therapeutic use were France ($915M), Singapore ($536M), United States ($402M), Spain ($363M), and Hungary ($288M).

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Exporters of Heparin, salts, for therapeutic use (2023)
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Importers of Heparin, salts, for therapeutic use (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$57.2M
Top Destination Growth (2022 -  2023)Belgium$58.8M

Between 2022 and 2023, the exports of Heparin, salts, for therapeutic use grew the fastest in Germany ($57.2M), Netherlands ($32.2M), Belgium ($31.1M), Sweden ($23M), and Costa Rica ($11.6M).

Between 2022 and 2023, the fastest growing importers of Heparin, salts, for therapeutic use were Belgium ($58.8M), Hungary ($35.3M), Costa Rica ($16.4M), Australia ($12.1M), and Romania ($11.6M).

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Exporters of Heparin, salts, for therapeutic use (2022 - 2023)

Importers of Heparin, salts, for therapeutic use (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Heparin, salts, for therapeutic use.

In 2023, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Heparin, salts, for therapeutic use are explained by 14 countries.

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Value of Exports in Heparin, salts, for therapeutic use

Net Trade

TOP NET EXPORTER (2023)China$677M
TOP NET IMPORTER (2023)France$310M

This map shows which countries export or import more of Heparin, salts, for therapeutic use. Each country is colored based on the difference in exports and imports of Heparin, salts, for therapeutic use during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Heparin, salts, for therapeutic use were China ($677M), United States ($279M), Ireland ($140M), Germany ($112M), and Singapore ($94.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Heparin, salts, for therapeutic use were France ($310M), Hungary ($286M), Belgium ($123M), Japan ($94.4M), and Hong Kong ($91M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Heparin, salts, 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 (2023)

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