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Overview This page contains the latest trade data of Vaccines, human use. In 2023, Vaccines, human use were the world's 49th most traded product, with a total trade of $58B. Between 2022 and 2023 the exports of Vaccines, human use decreased by -36.5%, from $91.3B to $58B. Trade in Vaccines, human use represent 0.26% of total world trade.

Vaccines, human use are a part of Vaccines, blood, antisera, toxins and cultures.

Exports In 2023 the top exporters of Vaccines, human use  were Belgium ($15.3B), Ireland ($12.3B), United States ($8.59B), France ($4.61B), and Germany ($3.21B).

Imports In 2023 the top importers of Vaccines, human use were Belgium ($13.2B), China ($8.32B), United States ($5.32B), Germany ($4.47B), and Japan ($2.53B).

Ranking Vaccines, human use ranks 575th in the Product Complexity Index (PCI).

Description A vaccine is a substance that creates immunity against a disease. It is typically administered by injection, but may be administered orally or by aerosol. Vaccines can protect against many infectious diseases including measles, mumps, tetanus, polio, rubella, and hepatitis A.

Latest Data

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The following visualization shows the latest trends on Vaccines, human use. 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)Belgium$15.3B
Top Destination (2023)Belgium$13.2B

In 2023 Vaccines, human use were the world's 49th most traded product (out of 4,644).

In 2023, the top exporters of Vaccines, human use were Belgium ($15.3B), Ireland ($12.3B), United States ($8.59B), France ($4.61B), and Germany ($3.21B).

In 2023, the top importers of Vaccines, human use were Belgium ($13.2B), China ($8.32B), United States ($5.32B), Germany ($4.47B), and Japan ($2.53B).

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Exporters of Vaccines, human use (2023)
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Importers of Vaccines, human use (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$2.11B
Top Destination Growth (2022 -  2023)China$4.71B

Between 2022 and 2023, the exports of Vaccines, human use grew the fastest in Singapore ($2.11B), Canada ($142M), Hungary ($63.6M), Jordan ($46.1M), and Denmark ($34.2M).

Between 2022 and 2023, the fastest growing importers of Vaccines, human use were China ($4.71B), Belgium ($1B), Ireland ($169M), Algeria ($40.2M), and Hungary ($32.7M).

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Exporters of Vaccines, human use (2022 - 2023)

Importers of Vaccines, human use (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vaccines, human use.

In 2023, market concentration measured using Shannon Entropy, was 3.26. This means that most of the exports of Vaccines, human use are explained by 9 countries.

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Value of Exports in Vaccines, human use

Net Trade

TOP NET EXPORTER (2023)Ireland$11.4B
TOP NET IMPORTER (2023)China$8.04B

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

In 2023, the countries that had a largest trade value in exports than in imports of Vaccines, human use were Ireland ($11.4B), United States ($3.27B), France ($3.16B), Belgium ($2.06B), and Singapore ($1.6B).

In 2023, the countries that had a largest trade value in imports than in exports of Vaccines, human use were China ($8.04B), Japan ($2.43B), Brazil ($1.6B), Germany ($1.26B), and Australia ($1.2B).

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

Top 10 Exporters Countries of Vaccines, human use 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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