HS Icon Special Pharmaceuticals

3006 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Special Pharmaceuticals. In 2020, Special Pharmaceuticals were the world's 245th most traded product, with a total trade of $13.5B. Between 2019 and 2020 the exports of Special Pharmaceuticals decreased by -8.42%, from $14.8B to $13.5B. Trade in Special Pharmaceuticals represent 0.081% of total world trade.

Special Pharmaceuticals are a part of Pharmaceutical products. They include Suture materials, sterile surgical and dental goods, Opacifying preparations, x-ray, diagnostic reagents, Contraceptive preps based on hormones or spermicides, Dental cements and other dental fillings, bone cement, Blood-grouping reagents, and First-aid boxes and kits.

Exports In 2020 the top exporters of Special Pharmaceuticals  were Germany ($2.57B), United States ($1.63B), Belgium ($1.01B), Netherlands ($714M), and Switzerland ($647M).

Imports In 2020 the top importers of Special Pharmaceuticals were United States ($2.5B), China ($1.02B), Belgium ($808M), Japan ($725M), and Germany ($721M).

Tariffs In 2018 the average tariff for Special Pharmaceuticals was 2.31%, making it the 1213th lowest tariff using the HS4 product classification.

Ranking Special Pharmaceuticals ranks 327th in the Product Complexity Index (PCI).

Description Pharmaceutical preparations and products are used for a variety of purposes, such as first-aid kits, contraceptives, hormones, blood grouping reagents, opacifying preparations for x-rays, surgical materials or dental filling cements.

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Y-AXIS SCALE

The following visualization shows the latest trends on Special Pharmaceuticals. 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

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Exporters and Importers

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Trade By Country

Top Origin (2020): Germany, $2.57B

Top Destination (2020): United States, $2.5B

Special Pharmaceuticals are the world's 245th most traded product.

In 2020, the top exporters of Special Pharmaceuticals were Germany ($2.57B), United States ($1.63B), Belgium ($1.01B), Netherlands ($714M), and Switzerland ($647M).

In 2020, the top importers of Special Pharmaceuticals were United States ($2.5B), China ($1.02B), Belgium ($808M), Japan ($725M), and Germany ($721M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Italy, $112M

Top Destination Growth (2019 - 2020): Austria, $201M

Between 2019 and 2020, the exports of Special Pharmaceuticals grew the fastest in Italy ($112M), Belgium ($74.5M), Singapore ($57.3M), Denmark ($34.6M), and Canada ($34.2M).

Between 2019 and 2020, the fastest growing importers of Special Pharmaceuticals were Austria ($201M), China ($105M), Ireland ($30.4M), Nigeria ($19.4M), and South Korea ($17.4M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Special Pharmaceuticals.

In 2020,  market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Special Pharmaceuticals are explained by 21 countries.

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TOP NET EXPORTER (2020): Germany, $1.85B

TOP NET IMPORTER (2020): United States, $865M

This map shows which countries export or import more of Special Pharmaceuticals. Each country is colored based on the difference in exports and imports of Special Pharmaceuticals during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Special Pharmaceuticals were Germany ($1.85B), Finland ($596M), Ireland ($521M), Switzerland ($469M), and Netherlands ($347M).

In 2020, the countries that had a largest trade value in imports than in exports of Special Pharmaceuticals were United States ($865M), China ($505M), Japan ($504M), Russia ($358M), and Australia ($235M).

Disaggregation

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Value

In 2020, the world most traded Special Pharmaceuticals, disaggragated by their HS6 level were Suture materials, sterile surgical and dental... ($4.72B), Opacifying preparations, x-ray, diagnostic reagents ($3.16B), Contraceptive preps based on hormones or... ($2.81B), Dental cements and other dental fillings,... ($1.97B), and Blood-grouping reagents ($490M)

Country Comparison

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Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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