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Vaccines, toxins, cultures of micro-organisms (excluding yeasts) and similar products; for human medicine

300241 (Harmonized System 2022 for 6-digit)

2023
World Trade $65.1BRnk 43 / 5606
2023
Top Exporter | Top Importer $16B | $16BIreland | Belgium
2023
Product Complexity 0.76Rnk 1391 / 5606
2022 - 2023
Export Growth (CAGR) -25%Rnk 4863 / 5606
2023
Share of World Trade 0.29%Rnk 43 / 5606

About

Overview This page contains the latest trade data of Human vaccines and similar products. In 2023, Human vaccines and similar products were the world's 43rd most traded product, with a total trade of $65.1B. Between 2022 and 2023 the exports of Human vaccines and similar products decreased by -25%, from $86.8B to $65.1B. Trade in Human vaccines and similar products represent 0.29% of total world trade.

Human vaccines and similar products are a part of Vaccines, blood, antisera, toxins and cultures.

Exports In 2023 the top exporters of Human vaccines and similar products  were Ireland ($16B), Belgium ($15.2B), United States ($8.6B), Spain ($5.22B), and France ($4.56B).

Imports In 2023 the top importers of Human vaccines and similar products were Belgium ($16B), United States ($10.5B), China ($8.29B), Germany ($3.64B), and United Kingdom ($1.94B).

Ranking Human vaccines and similar products ranks 1391st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Human vaccines and similar products. 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

Year
Top Origin (2023)Ireland$16B
Top Destination (2023)Belgium$16B

In 2023 Human vaccines and similar products were the world's 43rd most traded product (out of 5,606).

In 2023, the top exporters of Human vaccines and similar products were Ireland ($16B), Belgium ($15.2B), United States ($8.6B), Spain ($5.22B), and France ($4.56B).

In 2023, the top importers of Human vaccines and similar products were Belgium ($16B), United States ($10.5B), China ($8.29B), Germany ($3.64B), and United Kingdom ($1.94B).

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Exporters of Human vaccines and similar products (2023)
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Importers of Human vaccines and similar products (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Ireland$5.21B
Top Destination Growth (2022 -  2023)China$5.3B

Between 2022 and 2023, the exports of Human vaccines and similar products grew the fastest in Ireland ($5.21B), Singapore ($2.13B), United States ($252M), Canada ($110M), and India ($98M).

Between 2022 and 2023, the fastest growing importers of Human vaccines and similar products were China ($5.3B), Belgium ($3.92B), United States ($2.8B), Netherlands ($191M), and Ireland ($60.3M).

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Exporters of Human vaccines and similar products (2022 - 2023)

Importers of Human vaccines and similar products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Human vaccines and similar products.

In 2023, market concentration measured using Shannon Entropy, was 3.23. This means that most of the exports of Human vaccines and similar products are explained by 9 countries.

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Value of Exports in Human vaccines and similar products

Net Trade

Year
TOP NET EXPORTER (2023)Ireland$15.4B
TOP NET IMPORTER (2023)China$8.02B

This map shows which countries export or import more of Human vaccines and similar products. Each country is colored based on the difference in exports and imports of Human vaccines and similar products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Human vaccines and similar products were Ireland ($15.4B), Spain ($3.85B), Italy ($3.24B), France ($3.18B), and Singapore ($1.72B).

In 2023, the countries that had a largest trade value in imports than in exports of Human vaccines and similar products were China ($8.02B), United States ($1.91B), Brazil ($1.75B), Japan ($1.73B), and United Kingdom ($1.61B).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Human vaccines and similar products.
It is possible to select the main countries that export or import Human vaccines and similar products in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Human vaccines and similar products by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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