HS Icon Antibiotics

2941 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $12.2B, Rnk 281 / 1217

2019
Top Exporter | Top Importer
: $3.86B | $1.46B, China | Italy

2019
Product Complexity
: 0.84, Rnk 207 / 961

2018 - 2019
Export Growth (CAGR)
: -0.021%, Rnk 397 / 1217

2018
Mean Tariff
: 2.55%, Rnk 1178 / 1259

 2019
Share of World Trade
: 0.067%, Rnk 281 / 1217

Overview:  This page contains the latest trade data of Antibiotics. In 2019, Antibiotics were the world's 281st most traded product, with a total trade of $12.2B. Between 2018 and 2019 the exports of Antibiotics decreased by -0.021%, from  $12.2B to $12.2B. Trade in Antibiotics represent 0.067% of total world trade.

Exports: In 2019 the top exporters of Antibiotics  were China ($3.86B), Switzerland ($1.66B), Italy ($974M), India ($904M), and Belgium ($628M).

Imports: In 2019 the top importers of Antibiotics were Italy ($1.46B), India ($1.24B), Germany ($1.21B), United States ($733M), and China ($628M).

Tariffs: In 2018 the average tariff for Antibiotics was 2.55%, making it the 1178th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Antibiotics are Bahamas (40.2%), Iran (25.2%), Bermuda (25%), Maldives (14.7%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mozambique (0%), and Mauritania (0%).

Ranking: Antibiotics ranks 207th in the Product Complexity Index (PCI).

Description: Antibiotics are used to treat bacterial infections, which are caused by bacteria. Antibiotics can also be used to treat some fungal infections.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $3.86B

Top Destination (2019): Italy, $1.46B

Antibiotics are the world's 281st most traded product.

In 2019, the top exporters of Antibiotics were China ($3.86B), Switzerland ($1.66B), Italy ($974M), India ($904M), and Belgium ($628M).

In 2019, the top importers of Antibiotics were Italy ($1.46B), India ($1.24B), Germany ($1.21B), United States ($733M), and China ($628M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Switzerland, $240M

Top Destination Growth (2018 - 2019): Germany, $263M

Between 2018 and 2019, the exports of Antibiotics grew the fastest in Switzerland ($240M), China ($124M), India ($54.9M), Denmark ($36.9M), and Belgium ($34.5M).

Between 2018 and 2019, the fastest growing importers of Antibiotics were Germany ($263M), China ($114M), Iran ($86.6M), Italy ($80.9M), and Russia ($44.8M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Antibiotics.

In 2019,  market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Antibiotics are explained by 12 countries.

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TOP NET EXPORTER (2019): China, $3.23B

TOP NET IMPORTER (2019): Germany, $1.12B

This map shows which countries export or import more of Antibiotics. Each country is colored based on the difference in exports and imports of Antibiotics during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Antibiotics were China ($3.23B), Switzerland ($1.32B), Ireland ($470M), Singapore ($338M), and Denmark ($196M).

In 2019, the countries that had a largest trade value in imports than in exports of Antibiotics were Germany ($1.12B), Italy ($489M), France ($341M), India ($336M), and Brazil ($249M).

Disaggregation

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Value

In 2019, the world most traded Antibiotics, disaggragated by their HS6 level were Antibiotics nes, in bulk ($8.49B), Penicillins, derivatives, in bulk, salts ($2.08B), Tetracyclines, derivatives, in bulk, salts ($863M), Erythromycin, derivatives, in bulk, salts ($507M), and Chloramphenicol, derivatives, in bulk, salts ($188M)

Import Tariffs

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In 2018, the average tariff for importing Antibiotics was 2.55%.  The countries with the highest tariffs for importing Antibiotics were Bahamas (40.2%), Iran (25.2%), Bermuda (25%), Maldives (14.7%), and Algeria (12.2%).

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Product Complexity

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Diversification Frontier

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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.