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2023
Exports $291MWorld Rnk 15 / 168
Flag Rnk 202 / 1216
2023
Destination $30.3M Egypt
2022 - 2023
FASTEST GROWING MARKET $30.3MEgypt
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments0.55Rnk 344 / 1025
2023
Imports $374MWorld Rnk 11 / 220
Flag Rnk 309 / 1214
2023
Origin $134M United States
2022 - 2023
FASTEST GROWING ORIGIN $134MUnited States
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $291M in Unpackaged Medicaments, making it the 15th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 202nd most exported product in United Kingdom. The main destination of Unpackaged Medicaments exports from United Kingdom are: Egypt ($42.7M), United States ($41.2M), Algeria ($39.2M), Tunisia ($31.8M), and Ireland ($17.3M).

The fastest growing export markets for Unpackaged Medicaments of United Kingdom between 2022 and 2023 were Egypt ($30.3M), United States ($28.3M), and Germany ($11.2M).

Imports In 2023, United Kingdom imported $374M in Unpackaged Medicaments, becoming the 11th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 309th most imported product in United Kingdom. United Kingdom imports Unpackaged Medicaments primarily from: United States ($146M), Israel ($115M), Portugal ($16M), Italy ($12.6M), and Ireland ($10.7M).

The fastest growing import markets in Unpackaged Medicaments for United Kingdom between 2022 and 2023 were United States ($134M), Portugal ($12M), and Singapore ($5.09M).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Unpackaged Medicaments exports accounted up to £18.4M and imports accounted up to £13.2M, resulting in a positive trade balance of £5.2M. Between November 2023 and November 2024 the exports of United Kingdom's   Unpackaged Medicaments have decreased by £-400k (-2.13%) from £18.8M to £18.4M, while imports decreased by £-24.2M (-64.8%) from £37.4M to £13.2M.

Destinations In November 2024, Unpackaged Medicaments were exported mostly to Belgium (£5.02M), Germany (£2.98M), Algeria (£2.43M), United States (£1.6M), and Ireland (£1.21M), and were imported mostly from Netherlands (£5.47M), South Korea (£2.96M), Belgium (£1M), France (£937k), and United States (£862k).

Growth In November 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 November 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 (November 2023 - November 2024)£-400k(-2.13%)
IMPORT GROWTH (November 2023 - November 2024)£-24.2M(-64.8%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£11.3M
MAIN DESTINATION (November 2024)Belgium£5.02M

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 (2023)$291M
IMPORTS (2023)$374M
NET TRADE (2023)-$83M

In 2023, United Kingdom exported $291M in Unpackaged Medicaments. The main destinations of United Kingdom exports on Unpackaged Medicaments were Egypt ($42.7M), United States ($41.2M), Algeria ($39.2M), Tunisia ($31.8M), and Ireland ($17.3M).

In 2023, United Kingdom imported $374M in Unpackaged Medicaments, mainly from United States ($146M), Israel ($115M), Portugal ($16M), Italy ($12.6M), and Ireland ($10.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Egypt$30.3M (245%)
United States$28.3M (220%)
Germany$11.2M (1.06k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY United Kingdom WERE (2022 - 2023):
Canada-$8.57M (-42.3%)
Netherlands-$2.77M (-54.5%)
Singapore-$2.53M (-66.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Unpackaged Medicaments were:
Ireland $3.03B
Portugal $2.97B
United States $2.92B
In 2023, United Kingdom's main importing competitors in Unpackaged Medicaments were:
Belgium $3.73B
United States $2.15B
Canada $1.87B

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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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