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300230 (Harmonized System 1996 for 6-digit)

2023
World Trade $5.01BRnk 734 / 4766
2023
Top Exporter | Top Importer $1.07B | $269MUnited States | Netherlands
2023
Product Complexity -0.15Rnk 2841 / 4780
2022 - 2023
Export Growth (CAGR) 14%Rnk 491 / 4766
2023
Share of World Trade 0.022%Rnk 734 / 4766

About

Overview This page contains the latest trade data of Vaccines: for veterinary medicine. In 2023, Vaccines: for veterinary medicine were the world's 734th most traded product, with a total trade of $5.01B. Between 2022 and 2023 the exports of Vaccines: for veterinary medicine grew by 14%, from $4.4B to $5.01B. Trade in Vaccines: for veterinary medicine represent 0.022% of total world trade.

Vaccines: for veterinary medicine are a part of Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other....

Exports In 2023 the top exporters of Vaccines: for veterinary medicine  were United States ($1.07B), Netherlands ($1.01B), Spain ($427M), France ($400M), and Belgium ($278M).

Imports In 2023 the top importers of Vaccines: for veterinary medicine were Netherlands ($269M), Brazil ($226M), China ($209M), Russia ($208M), and France ($198M).

Ranking Vaccines: for veterinary medicine ranks 2841st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vaccines: for veterinary medicine. 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)United States$1.07B
Top Destination (2023)Netherlands$269M

In 2023 Vaccines: for veterinary medicine were the world's 734th most traded product (out of 4,766).

In 2023, the top exporters of Vaccines: for veterinary medicine were United States ($1.07B), Netherlands ($1.01B), Spain ($427M), France ($400M), and Belgium ($278M).

In 2023, the top importers of Vaccines: for veterinary medicine were Netherlands ($269M), Brazil ($226M), China ($209M), Russia ($208M), and France ($198M).

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Exporters of Vaccines: for veterinary medicine (2023)
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Importers of Vaccines: for veterinary medicine (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$269M
Top Destination Growth (2022 -  2023)Russia$72.2M

Between 2022 and 2023, the exports of Vaccines: for veterinary medicine grew the fastest in Netherlands ($269M), United States ($127M), Belgium ($63.9M), France ($35.1M), and Hungary ($30.6M).

Between 2022 and 2023, the fastest growing importers of Vaccines: for veterinary medicine were Russia ($72.2M), Thailand ($53.8M), Poland ($52.8M), Australia ($47.1M), and United Kingdom ($47M).

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Exporters of Vaccines: for veterinary medicine (2022 - 2023)

Importers of Vaccines: for veterinary medicine (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vaccines: for veterinary medicine.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Vaccines: for veterinary medicine are explained by 16 countries.

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Value of Exports in Vaccines: for veterinary medicine

Net Trade

TOP NET EXPORTER (2023)United States$1.05B
TOP NET IMPORTER (2023)Brazil$183M

This map shows which countries export or import more of Vaccines: for veterinary medicine. Each country is colored based on the difference in exports and imports of Vaccines: for veterinary medicine during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vaccines: for veterinary medicine were United States ($1.05B), Netherlands ($742M), Spain ($277M), France ($202M), and Belgium ($199M).

In 2023, the countries that had a largest trade value in imports than in exports of Vaccines: for veterinary medicine were Brazil ($183M), China ($175M), Russia ($173M), Thailand ($162M), and Mexico ($123M).

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 Vaccines: for veterinary medicine.
It is possible to select the main countries that export or import Vaccines: for veterinary medicine in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vaccines: for veterinary medicine 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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