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Ambergris, castoreum, civet and musk; cantharides; bile, dried or not glands, other animal products used in preparation of pharmaceutical products, fresh chilled, frozen or otherwise provisionally preserved

0510 (Harmonized System 1992 for 4-digit)

2023
World Trade $574MRnk 1015 / 1217
2023
Top Exporter | Top Importer $231M | $251MBrazil | Hong Kong
2022 - 2023
Export Growth (CAGR) 19.4%Rnk 69 / 1217
2023
Share of World Trade 0.0025%Rnk 1015 / 1217

About

Overview This page contains the latest trade data of Pharmaceutical Animal Products. In 2023, Pharmaceutical Animal Products were the world's 1015th most traded product, with a total trade of $574M. Between 2022 and 2023 the exports of Pharmaceutical Animal Products grew by 19.4%, from $481M to $574M. Trade in Pharmaceutical Animal Products represent 0.0025% of total world trade.

Pharmaceutical Animal Products are a part of Animal originated products, n.e.s.. They include Pharmaceutical Animal Products.

Exports In 2023 the top exporters of Pharmaceutical Animal Products  were Brazil ($231M), United States ($40.6M), Spain ($38.1M), Colombia ($24.6M), and Hong Kong ($23.5M).

Imports In 2023 the top importers of Pharmaceutical Animal Products were Hong Kong ($251M), Germany ($46.8M), Japan ($44.1M), Brazil ($30.7M), and United States ($25.8M).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Pharmaceutical Animal Products. 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)Brazil$231M
Top Destination (2023)Hong Kong$251M

In 2023 Pharmaceutical Animal Products were the world's 1015th most traded product (out of 1,217).

In 2023, the top exporters of Pharmaceutical Animal Products were Brazil ($231M), United States ($40.6M), Spain ($38.1M), Colombia ($24.6M), and Hong Kong ($23.5M).

In 2023, the top importers of Pharmaceutical Animal Products were Hong Kong ($251M), Germany ($46.8M), Japan ($44.1M), Brazil ($30.7M), and United States ($25.8M).

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Exporters of Pharmaceutical Animal Products (2023)
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Importers of Pharmaceutical Animal Products (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Brazil$113M
Top Destination Growth (2022 -  2023)Hong Kong$108M

Between 2022 and 2023, the exports of Pharmaceutical Animal Products grew the fastest in Brazil ($113M), United States ($18.1M), Netherlands ($11.5M), Colombia ($9.06M), and Australia ($6.87M).

Between 2022 and 2023, the fastest growing importers of Pharmaceutical Animal Products were Hong Kong ($108M), Japan ($23.4M), New Zealand ($10.1M), Germany ($7.68M), and Spain ($7.43M).

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Exporters of Pharmaceutical Animal Products (2022 - 2023)

Importers of Pharmaceutical Animal Products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pharmaceutical Animal Products.

In 2023, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Pharmaceutical Animal Products are explained by 13 countries.

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Value of Exports in Pharmaceutical Animal Products

Net Trade

TOP NET EXPORTER (2023)Brazil$200M
TOP NET IMPORTER (2023)Hong Kong$228M

This map shows which countries export or import more of Pharmaceutical Animal Products. Each country is colored based on the difference in exports and imports of Pharmaceutical Animal Products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pharmaceutical Animal Products were Brazil ($200M), Colombia ($24.5M), Australia ($22.9M), Spain ($17.7M), and United States ($14.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Pharmaceutical Animal Products were Hong Kong ($228M), Japan ($42.8M), Germany ($37.2M), South Korea ($24.2M), and India ($10.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Pharmaceutical Animal Products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $1.78M
TOP IMPORT POTENTIALColombia+ $406k

Pharmaceutical Animal Products’s highest export potential is China. With an export gap of $1.78M.  Pharmaceutical Animal Products’s highest import potential is Colombia with an import gap of $406k.

See methodology.

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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)

Country by Relatedness

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

Relative Relatedness by Country (2023)

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