2023
Exports
$646MWorld Rnk 8 / 168
Flag Rnk 133 / 1212
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.55Rnk 344 / 1025
2023
Imports
$124MWorld Rnk 23 / 220
Flag Rnk 397 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $646M in Unpackaged Medicaments, making it the 8th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 133rd most exported product in India. The main destination of Unpackaged Medicaments exports from India are: United States ($88.9M), Brazil ($80.5M), Hungary ($69.2M), Belgium ($33.9M), and Thailand ($25.8M).

The fastest growing export markets for Unpackaged Medicaments of India between 2022 and 2023 were Belgium ($31.9M), Hungary ($15M), and Thailand ($11.3M).

Imports In 2023, India imported $124M in Unpackaged Medicaments, becoming the 23rd largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 397th most imported product in India. India imports Unpackaged Medicaments primarily from: China ($58.7M), Germany ($18.5M), Canada ($16.7M), Netherlands ($10.3M), and Nepal ($9.77M).

The fastest growing import markets in Unpackaged Medicaments for India between 2022 and 2023 were China ($10.7M), Canada ($3.2M), and Germany ($935k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Unpackaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$646M
IMPORTS (2023)$124M
NET TRADE (2023)$522M

In 2023, India exported $646M in Unpackaged Medicaments. The main destinations of India exports on Unpackaged Medicaments were United States ($88.9M), Brazil ($80.5M), Hungary ($69.2M), Belgium ($33.9M), and Thailand ($25.8M).

In 2023, India imported $124M in Unpackaged Medicaments, mainly from China ($58.7M), Germany ($18.5M), Canada ($16.7M), Netherlands ($10.3M), and Nepal ($9.77M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR India WERE (2022 - 2023):
Belgium$31.9M (1.57k%)
Hungary$15M (27.6%)
Thailand$11.3M (78.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY India WERE (2022 - 2023):
Nepal-$20.9M (-88.6%)
Colombia-$13.9M (-46%)
Turkey-$11.8M (-32.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Unpackaged Medicaments were:
In 2023, India's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $42.3M
TOP IMPORT POTENTIALChina+ $31.5M

Unpackaged Medicaments’s highest export potential is United States. With an export gap of $42.3M.   Unpackaged Medicaments’s highest import potential is China with an import gap of $31.5M.

See methodology.

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