2022
Exports
$336MWorld Rnk 11 / 157
Flag Rnk 60 / 1206
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$686MWorld Rnk 4 / 215
Flag Rnk 22 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $336M in Unpackaged Medicaments, making it the 11th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 60th most exported product in Ireland. The main destination of Unpackaged Medicaments exports from Ireland are: Hungary ($73.3M), United States ($48.1M), Netherlands ($28M), Italy ($24.1M), and Belgium ($20.2M).

The fastest growing export markets for Unpackaged Medicaments of Ireland between 2021 and 2022 were Hungary ($58.1M), United States ($24.4M), and Netherlands ($22.1M).

Imports In 2022, Ireland imported $686M in Unpackaged Medicaments, becoming the 4th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 22nd most imported product in Ireland. Ireland imports Unpackaged Medicaments primarily from: United States ($445M), Germany ($84.3M), Portugal ($57.4M), Belgium ($25.9M), and Japan ($19.6M).

The fastest growing import markets in Unpackaged Medicaments for Ireland between 2021 and 2022 were Portugal ($32.1M), Germany ($10.2M), and Austria ($7.49M).

Latest Trends

Sep 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 (2022)$336M
IMPORTS (2022)$686M
NET TRADE (2022)-$351M

In 2022, Ireland exported $336M in Unpackaged Medicaments. The main destinations of Ireland exports on Unpackaged Medicaments were Hungary ($73.3M), United States ($48.1M), Netherlands ($28M), Italy ($24.1M), and Belgium ($20.2M).

In 2022, Ireland imported $686M in Unpackaged Medicaments, mainly from United States ($445M), Germany ($84.3M), Portugal ($57.4M), Belgium ($25.9M), and Japan ($19.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Hungary$58.1M (382%)
United States$24.4M (103%)
Netherlands$22.1M (376%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Ireland WERE (2021 - 2022):
Bulgaria-$47M (-70.9%)
Lithuania-$20.7M (-100%)
Saudi Arabia-$4.05M (-71.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Unpackaged Medicaments were:
In 2022, Ireland'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 Kingdom+ $11.5M
TOP IMPORT POTENTIALUnited Kingdom+ $7.23M

Unpackaged Medicaments’s highest export potential is United Kingdom. With an export gap of $11.5M.   Unpackaged Medicaments’s highest import potential is United Kingdom with an import gap of $7.23M.

See methodology.

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