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Medicaments nes, in dosage

300490 (Harmonized System 1992 for 6-digit)

2023
World Trade $381BRnk 6 / 4644
2023
Top Exporter | Top Importer $55.7B | $63.9BGermany | United States
2023
Product Complexity 0.81Rnk 1093 / 4656
2022 - 2023
Export Growth (CAGR) 0.022%Rnk 1548 / 4644
2023
Share of World Trade 1.69%Rnk 6 / 4644

About

Overview This page contains the latest trade data of Medicaments nes, in dosage. In 2023, Medicaments nes, in dosage were the world's 6th most traded product, with a total trade of $381B. Between 2022 and 2023 the exports of Medicaments nes, in dosage grew by 0.022%, from $381B to $381B. Trade in Medicaments nes, in dosage represent 1.69% of total world trade.

Medicaments nes, in dosage are a part of Packaged Medicaments.

Exports In 2023 the top exporters of Medicaments nes, in dosage  were Germany ($55.7B), United States ($36.5B), Switzerland ($35.9B), Ireland ($30.6B), and Italy ($28.7B).

Imports In 2023 the top importers of Medicaments nes, in dosage were United States ($63.9B), Switzerland ($35.4B), Germany ($26.2B), Belgium ($19.5B), and China ($18.4B).

Ranking Medicaments nes, in dosage ranks 1093rd in the Product Complexity Index (PCI).

Description A medicament is a drug or medication for treating a disease or symptom. Medicaments are usually taken by mouth, but sometimes they are injected into the body. There are many different types of medicaments, for example, a painkiller or a medicine to treat an infection. Medicaments can be prescription or over the counter.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Medicaments nes, in dosage. 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)Germany$55.7B
Top Destination (2023)United States$63.9B

In 2023 Medicaments nes, in dosage were the world's 6th most traded product (out of 4,644).

In 2023, the top exporters of Medicaments nes, in dosage were Germany ($55.7B), United States ($36.5B), Switzerland ($35.9B), Ireland ($30.6B), and Italy ($28.7B).

In 2023, the top importers of Medicaments nes, in dosage were United States ($63.9B), Switzerland ($35.4B), Germany ($26.2B), Belgium ($19.5B), and China ($18.4B).

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Exporters of Medicaments nes, in dosage (2023)
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Importers of Medicaments nes, in dosage (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Slovenia$8.55B
Top Destination Growth (2022 -  2023)Switzerland$8.82B

Between 2022 and 2023, the exports of Medicaments nes, in dosage grew the fastest in Slovenia ($8.55B), Italy ($3.31B), Belgium ($2.45B), India ($1.95B), and Spain ($1.21B).

Between 2022 and 2023, the fastest growing importers of Medicaments nes, in dosage were Switzerland ($8.82B), China ($3.47B), Netherlands ($2.01B), France ($1.61B), and Poland ($813M).

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Exporters of Medicaments nes, in dosage (2022 - 2023)

Importers of Medicaments nes, in dosage (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Medicaments nes, in dosage.

In 2023, market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Medicaments nes, in dosage are explained by 21 countries.

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Value of Exports in Medicaments nes, in dosage

Net Trade

TOP NET EXPORTER (2023)Germany$29.5B
TOP NET IMPORTER (2023)United States$27.3B

This map shows which countries export or import more of Medicaments nes, in dosage. Each country is colored based on the difference in exports and imports of Medicaments nes, in dosage during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Medicaments nes, in dosage were Germany ($29.5B), Ireland ($25.8B), India ($19.3B), Italy ($11.4B), and Slovenia ($10.9B).

In 2023, the countries that had a largest trade value in imports than in exports of Medicaments nes, in dosage were United States ($27.3B), China ($15.1B), Russia ($6.7B), Japan ($5.53B), and Australia ($4.2B).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Medicaments nes, in dosage 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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