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Pricing

2022
Exports $206MWorld Rnk 16 / 157
Flag Rnk 269 / 1216
2022
Destination $19.2M Algeria
2021 - 2022
FASTEST GROWING MARKET $19.2MEgypt
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments0.61Rnk 312 / 1025
2022
Imports $1.35BWorld Rnk 2 / 215
Flag Rnk 99 / 1214
2022
Origin $806M Israel
2021 - 2022
FASTEST GROWING ORIGIN $806MIsrael
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $206M in Unpackaged Medicaments, making it the 16th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 269th most exported product in United Kingdom. The main destination of Unpackaged Medicaments exports from United Kingdom are: Algeria ($37.7M), Egypt ($20.3M), Canada ($18.9M), Ireland ($14.5M), and Morocco ($14M).

The fastest growing export markets for Unpackaged Medicaments of United Kingdom between 2021 and 2022 were Egypt ($19.2M), Canada ($13.7M), and France ($5.68M).

Imports In 2022, United Kingdom imported $1.35B in Unpackaged Medicaments, becoming the 2nd largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 99th most imported product in United Kingdom. United Kingdom imports Unpackaged Medicaments primarily from: Israel ($1.21B), Germany ($30.2M), United States ($14.7M), Ireland ($11.4M), and Netherlands ($11.2M).

The fastest growing import markets in Unpackaged Medicaments for United Kingdom between 2021 and 2022 were Israel ($806M), Germany ($23.7M), and Czechia ($3.28M).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Unpackaged Medicaments exports accounted up to £13.6M and imports accounted up to £8.37M, resulting in a positive trade balance of £5.26M. Between August 2023 and August 2024 the exports of United Kingdom's   Unpackaged Medicaments have decreased by £-1.31M (-8.79%) from £14.9M to £13.6M, while imports decreased by £-1.18M (-12.3%) from £9.55M to £8.37M.

Destinations In August 2024, Unpackaged Medicaments were exported mostly to Ireland (£2.4M), Egypt (£2.36M), Tunisia (£1.74M), Morocco (£1.69M), and United States (£1.19M), and were imported mostly from Italy (£3.55M), Ireland (£1.66M), France (£806k), Germany (£563k), and Netherlands (£386k).

Growth In August 2024, the decrease in Unpackaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to United States (£-683k or -74.2%), Libya (£-558k or -80.4%), and Algeria (£-336k or -13%). In August 2024, the decrease in Unpackaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from China (£-1.73M or -99.1%), Belgium (£-816k or -99.1%), and India (£-586k or -82.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-1.31M(-8.79%)
IMPORT GROWTH (August 2023 - August 2024)£-1.18M(-12.3%)
MAIN EXPORTER (August 2024)London Heathrow Airport£9.02M
MAIN DESTINATION (August 2024)Ireland£2.4M

This section shows Unpackaged 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 Unpackaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$206M
IMPORTS (2022)$1.35B
NET TRADE (2022)-$1.14B

In 2022, United Kingdom exported $206M in Unpackaged Medicaments. The main destinations of United Kingdom exports on Unpackaged Medicaments were Algeria ($37.7M), Egypt ($20.3M), Canada ($18.9M), Ireland ($14.5M), and Morocco ($14M).

In 2022, United Kingdom imported $1.35B in Unpackaged Medicaments, mainly from Israel ($1.21B), Germany ($30.2M), United States ($14.7M), Ireland ($11.4M), and Netherlands ($11.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Egypt$19.2M (1.77k%)
Canada$13.7M (262%)
France$5.68M (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY United Kingdom WERE (2021 - 2022):
United States-$8.02M (-38.4%)
India-$5.32M (-95.8%)
Turkey-$4.62M (-51.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Unpackaged Medicaments were:
United States $1.31B
Israel $1.25B
China $1.05B
In 2022, United Kingdom's main importing competitors in Unpackaged Medicaments were:
United States $1.37B
Germany $971M

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.3M
TOP IMPORT POTENTIALGermany+ $18.2M

Unpackaged Medicaments’s highest export potential is United States. With an export gap of $9.3M.   Unpackaged Medicaments’s highest import potential is Germany with an import gap of $18.2M.

See methodology.

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