Overview This page contains the latest trade data of Packaged Medicaments. In 2021, Packaged Medicaments were the world's 8th most traded product, with a total trade of $433B. Between 2020 and 2021 the exports of Packaged Medicaments grew by 5.15%, from $411B to $433B. Trade in Packaged Medicaments represent 2.06% of total world trade.
Packaged Medicaments are a part of Pharmaceutical products. They include Medicaments nes, in dosage, Hormones nes, except contraceptives, in dosage, Antibiotics nes, in dosage, Insulin, in dosage, Adrenal cortical hormones, in dosage, Vitamins, derivatives,in dosage, Alkaloids, derivs, no antibiotics, hormones, in dosag, and Penicillins and streptomycins, derivs, in dosage.
Tariffs In 2018 the average tariff for Packaged Medicaments was 3.94%, making it the 1021st lowest tariff using the HS4 product classification.
Ranking Packaged Medicaments ranks 302nd in the Product Complexity Index (PCI).
Description Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale are used to treat or prevent a disease or condition.