2022
Exports | Imports
$20.3B | $18.4BWorld Rnk 8 / 217
Flag Rnk 5 / 1216
World Rnk 7 / 224
Flag Rnk 6 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.38Rnk 12 / 124
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.73Rnk 276 / 1025

About

Exports In 2022, United Kingdom exported $20.3B in Packaged Medicaments, making it the 8th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most exported product in United Kingdom. The main destination of Packaged Medicaments exports from United Kingdom are: United States ($3.66B), Germany ($3.2B), Belgium ($2.63B), Ireland ($1.58B), and China ($1.36B).

The fastest growing export markets for Packaged Medicaments of United Kingdom between 2021 and 2022 were Germany ($1.53B), United States ($719M), and Belgium ($377M).

Imports In 2022, United Kingdom imported $18.4B in Packaged Medicaments, becoming the 7th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in United Kingdom. United Kingdom imports Packaged Medicaments primarily from: United States ($4.93B), Germany ($3.01B), Italy ($2.11B), Ireland ($1.22B), and Switzerland ($1.1B).

The fastest growing import markets in Packaged Medicaments for United Kingdom between 2021 and 2022 were United States ($2.24B), Italy ($956M), and Germany ($700M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Packaged Medicaments from United Kingdom to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)£-254M(-16.3%)
IMPORT GROWTH (December 2022 - December 2023)£-227M(-16.6%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)United States£433M

This section shows Packaged Medicaments's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Packaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.3B
IMPORTS (2022)$18.4B
NET TRADE (2022)$1.91B

In 2022, United Kingdom exported $20.3B in Packaged Medicaments. The main destinations of United Kingdom exports on Packaged Medicaments were United States ($3.66B), Germany ($3.2B), Belgium ($2.63B), Ireland ($1.58B), and China ($1.36B).

In 2022, United Kingdom imported $18.4B in Packaged Medicaments, mainly from United States ($4.93B), Germany ($3.01B), Italy ($2.11B), Ireland ($1.22B), and Switzerland ($1.1B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$1.53B (91.4%)
United States$719M (24.5%)
Belgium$377M (16.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY United Kingdom WERE (2021 - 2022):
China-$475M (-25.9%)
Austria-$105M (-52.6%)
Switzerland-$103M (-15.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Packaged Medicaments were:
In 2022, United Kingdom's main importing competitors in Packaged Medicaments were:

Explore Visualizations

Trade Value of Packaged Medicaments by Exporters

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