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300120 (Harmonized System 1992 for 6-digit)

2023
World Trade $328MRnk 3258 / 4644
2023
Top Exporter | Top Importer $94.5M | $76.3MUnited States | Germany
2023
Product Complexity 0.51Rnk 1649 / 4656
2022 - 2023
Export Growth (CAGR) 12.3%Rnk 547 / 4644
2023
Share of World Trade 0.0015%Rnk 3258 / 4644

About

Overview This page contains the latest trade data of Extracts of glands etc. for therapeutic use. In 2023, Extracts of glands etc. for therapeutic use were the world's 3258th most traded product, with a total trade of $328M. Between 2022 and 2023 the exports of Extracts of glands etc. for therapeutic use grew by 12.3%, from $292M to $328M. Trade in Extracts of glands etc. for therapeutic use represent 0.0015% of total world trade.

Extracts of glands etc. for therapeutic use are a part of Glands and Other Organs.

Exports In 2023 the top exporters of Extracts of glands etc. for therapeutic use  were United States ($94.5M), China ($54.5M), Denmark ($25.9M), Spain ($18.9M), and Italy ($16.3M).

Imports In 2023 the top importers of Extracts of glands etc. for therapeutic use were Germany ($76.3M), United States ($39M), Italy ($34.7M), South Korea ($22.3M), and United Kingdom ($17.7M).

Ranking Extracts of glands etc. for therapeutic use ranks 1649th in the Product Complexity Index (PCI).

Description In some cases, gland extracts are used to treat an underlying condition, such as the thyroid gland to treat hypothyroidism. Many glands, such as the adrenal glands, produce hormones that are important for the body’s function, and some gland extracts are used to replace a hormone that is not being produced in adequate quantities, such as in the case of Addison’s disease.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Extracts of glands etc. for therapeutic use. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$94.5M
Top Destination (2023)Germany$76.3M

In 2023 Extracts of glands etc. for therapeutic use were the world's 3258th most traded product (out of 4,644).

In 2023, the top exporters of Extracts of glands etc. for therapeutic use were United States ($94.5M), China ($54.5M), Denmark ($25.9M), Spain ($18.9M), and Italy ($16.3M).

In 2023, the top importers of Extracts of glands etc. for therapeutic use were Germany ($76.3M), United States ($39M), Italy ($34.7M), South Korea ($22.3M), and United Kingdom ($17.7M).

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Exporters of Extracts of glands etc. for therapeutic use (2023)
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Importers of Extracts of glands etc. for therapeutic use (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$38.7M
Top Destination Growth (2022 -  2023)United States$12M

Between 2022 and 2023, the exports of Extracts of glands etc. for therapeutic use grew the fastest in United States ($38.7M), China ($8.52M), Italy ($5.91M), Denmark ($4.47M), and Netherlands ($1.83M).

Between 2022 and 2023, the fastest growing importers of Extracts of glands etc. for therapeutic use were United States ($12M), Denmark ($11.4M), Germany ($10.4M), South Korea ($6.55M), and Japan ($5.2M).

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Exporters of Extracts of glands etc. for therapeutic use (2022 - 2023)

Importers of Extracts of glands etc. for therapeutic use (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Extracts of glands etc. for therapeutic use.

In 2023, market concentration measured using Shannon Entropy, was 3.72. This means that most of the exports of Extracts of glands etc. for therapeutic use are explained by 13 countries.

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Value of Exports in Extracts of glands etc. for therapeutic use

Net Trade

TOP NET EXPORTER (2023)United States$55.5M
TOP NET IMPORTER (2023)Germany$64M

This map shows which countries export or import more of Extracts of glands etc. for therapeutic use. Each country is colored based on the difference in exports and imports of Extracts of glands etc. for therapeutic use during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Extracts of glands etc. for therapeutic use were United States ($55.5M), China ($38.7M), Spain ($16.2M), Belgium ($13.9M), and Denmark ($10.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Extracts of glands etc. for therapeutic use were Germany ($64M), South Korea ($21.3M), Italy ($18.4M), Japan ($8.25M), and Hong Kong ($6.01M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Extracts of glands etc. for therapeutic use.
It is possible to select the main countries that export or import Extracts of glands etc. for therapeutic use in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Extracts of glands etc. for therapeutic use by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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