Hormones, prostaglandins, thromboxanes and leukotrienes, natural or reproduced by synthesis; derivatives and structural analogues thereof, including chain modified polypeptides, used primarily as hormones.

2937 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Hormones. In 2021, Hormones were the world's 211th most traded product, with a total trade of $20B. Between 2020 and 2021 the exports of Hormones grew by 5.02%, from $19B to $20B. Trade in Hormones represent 0.095% of total world trade.

Hormones are a part of Organic chemicals. They include Hormones nes, derivatives, in bulk, steroids nes, Insulin, salts, in bulk, Halogenated derivs adrenalal cortical hormones, bulk, Adrenal cortical hormones nes, in bulk, derivatives, Oestrogens and progestogens, in bulk, Pituitary anterior hormones and derivatives, and Cortisone,hydrocortisone,prednisone,prednisolone, bul.

Exports In 2021 the top exporters of Hormones  were Ireland ($5.99B), Switzerland ($3.38B), United States ($2.34B), Denmark ($1.79B), and Belgium ($1.71B).

Imports In 2021 the top importers of Hormones were United States ($5.15B), Austria ($3.16B), Italy ($2.05B), France ($1.8B), and China ($1.55B).

Ranking Hormones ranks 329th in the Product Complexity Index (PCI).

Description Hormones are chemical messengers used to regulate various functions in the body. Prostaglandins, thromboxanes, and leukotrienes are all made from arachidonic acid. Natural prostaglandins are derived from arachidonic acid and are used as hormones in the body. Synthetic prostaglandins are also used as hormones in the body. Derivatives and structural analogues of prostaglandins, thromboxanes, and leukotrienes are also used as hormones in the body.

Latest Data

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The following visualization shows the latest trends on Hormones. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Top Origin (2021)Ireland$5.99B
Top Destination (2021)United States$5.15B

In 2021 Hormones were the world's 211th most traded product (out of 1,217).

In 2021, the top exporters of Hormones were Ireland ($5.99B), Switzerland ($3.38B), United States ($2.34B), Denmark ($1.79B), and Belgium ($1.71B).

In 2021, the top importers of Hormones were United States ($5.15B), Austria ($3.16B), Italy ($2.05B), France ($1.8B), and China ($1.55B).

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Exporters of Hormones (2021)
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Importers of Hormones (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Ireland$1.7B
Top Destination Growth (2020 -  2021)United States$660M

Between 2020 and 2021, the exports of Hormones grew the fastest in Ireland ($1.7B), Denmark ($416M), Switzerland ($222M), United States ($184M), and China ($142M).

Between 2020 and 2021, the fastest growing importers of Hormones were United States ($660M), Austria ($571M), Belgium ($562M), China ($450M), and Germany ($266M).

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Exporters of Hormones (2020 - 2021)

Importers of Hormones (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hormones.

In 2021, market concentration measured using Shannon Entropy, was 3.37. This means that most of the exports of Hormones are explained by 10 countries.

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Value of Exports in Hormones

Net Trade

TOP NET EXPORTER (2021)Ireland$5.88B
TOP NET IMPORTER (2021)Austria$2.96B

This map shows which countries export or import more of Hormones. Each country is colored based on the difference in exports and imports of Hormones during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Hormones were Ireland ($5.88B), Switzerland ($3.2B), Denmark ($1.67B), Belgium ($337M), and Argentina ($270M).

In 2021, the countries that had a largest trade value in imports than in exports of Hormones were Austria ($2.96B), United States ($2.81B), France ($1.54B), Italy ($1.5B), and Germany ($793M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Hormones, disaggragated by their HS6 level were Hormones nes, derivatives, in bulk, steroids... ($12B), Adrenal cortical hormones nes, in bulk,... ($2.9B), Insulin, salts, in bulk ($2.85B), Halogenated derivs adrenalal cortical hormones, bulk ($1.16B), and Oestrogens and progestogens, in bulk ($852M)

HS6 Disaggregation for Hormones (2021)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Hormones 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 (2021)

Country by Relatedness

The following visualization shows the relatedness of Hormones to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2021)

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