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Vaccines, toxins, cultures of micro-organisms (excluding yeasts) and similar products; for veterinary medicine

300242 (Harmonized System 2022 for 6-digit)

2023
World Trade $4.97BRnk 749 / 5606
2023
Top Exporter | Top Importer $1.05B | $343MNetherlands | Netherlands
2023
Product Complexity 0.087Rnk 2931 / 5606
2022 - 2023
Export Growth (CAGR) 20.9%Rnk 477 / 5606
2023
Share of World Trade 0.022%Rnk 749 / 5606

About

Overview This page contains the latest trade data of Veterinary vaccines and similar products. In 2023, Veterinary vaccines and similar products were the world's 749th most traded product, with a total trade of $4.97B. Between 2022 and 2023 the exports of Veterinary vaccines and similar products grew by 20.9%, from $4.11B to $4.97B. Trade in Veterinary vaccines and similar products represent 0.022% of total world trade.

Veterinary vaccines and similar products are a part of Vaccines, blood, antisera, toxins and cultures.

Exports In 2023 the top exporters of Veterinary vaccines and similar products  were Netherlands ($1.05B), United States ($964M), France ($432M), Spain ($431M), and Germany ($226M).

Imports In 2023 the top importers of Veterinary vaccines and similar products were Netherlands ($343M), France ($232M), Brazil ($218M), Russia ($208M), and Mexico ($165M).

Ranking Veterinary vaccines and similar products ranks 2931st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Veterinary vaccines and similar 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

Year
Top Origin (2023)Netherlands$1.05B
Top Destination (2023)Netherlands$343M

In 2023 Veterinary vaccines and similar products were the world's 749th most traded product (out of 5,606).

In 2023, the top exporters of Veterinary vaccines and similar products were Netherlands ($1.05B), United States ($964M), France ($432M), Spain ($431M), and Germany ($226M).

In 2023, the top importers of Veterinary vaccines and similar products were Netherlands ($343M), France ($232M), Brazil ($218M), Russia ($208M), and Mexico ($165M).

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Exporters of Veterinary vaccines and similar products (2023)
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Importers of Veterinary vaccines and similar products (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Netherlands$351M
Top Destination Growth (2022 -  2023)Mexico$74.1M

Between 2022 and 2023, the exports of Veterinary vaccines and similar products grew the fastest in Netherlands ($351M), United States ($233M), Hungary ($38.6M), Belgium ($29.7M), and Italy ($28.2M).

Between 2022 and 2023, the fastest growing importers of Veterinary vaccines and similar products were Mexico ($74.1M), Russia ($72.2M), Netherlands ($56.3M), Poland ($52.8M), and France ($50.1M).

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Exporters of Veterinary vaccines and similar products (2022 - 2023)

Importers of Veterinary vaccines and similar products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Veterinary vaccines and similar products.

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Veterinary vaccines and similar products are explained by 17 countries.

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Value of Exports in Veterinary vaccines and similar products

Net Trade

Year
TOP NET EXPORTER (2023)United States$947M
TOP NET IMPORTER (2023)Brazil$178M

This map shows which countries export or import more of Veterinary vaccines and similar products. Each country is colored based on the difference in exports and imports of Veterinary vaccines and similar products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Veterinary vaccines and similar products were United States ($947M), Netherlands ($703M), Spain ($287M), France ($200M), and Hungary ($163M).

In 2023, the countries that had a largest trade value in imports than in exports of Veterinary vaccines and similar products were Brazil ($178M), Russia ($174M), Thailand ($147M), Mexico ($121M), and Poland ($105M).

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 Veterinary vaccines and similar products.
It is possible to select the main countries that export or import Veterinary vaccines and similar products in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Veterinary vaccines and similar products by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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