NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

300390 (Harmonized System 1992 for 6-digit)

2023
World Trade $12.3BRnk 289 / 4644
2023
Top Exporter | Top Importer $2.96B | $1.93BPortugal | United States
2023
Product Complexity 0.7Rnk 1279 / 4656
2022 - 2023
Export Growth (CAGR) 32.3%Rnk 140 / 4644
2023
Share of World Trade 0.054%Rnk 289 / 4644

About

Overview This page contains the latest trade data of Medicaments nes, formulated, in bulk. In 2023, Medicaments nes, formulated, in bulk were the world's 289th most traded product, with a total trade of $12.3B. Between 2022 and 2023 the exports of Medicaments nes, formulated, in bulk grew by 32.3%, from $9.26B to $12.3B. Trade in Medicaments nes, formulated, in bulk represent 0.054% of total world trade.

Medicaments nes, formulated, in bulk are a part of Unpackaged Medicaments.

Exports In 2023 the top exporters of Medicaments nes, formulated, in bulk  were Portugal ($2.96B), United States ($2.58B), Germany ($653M), Switzerland ($649M), and Singapore ($639M).

Imports In 2023 the top importers of Medicaments nes, formulated, in bulk were United States ($1.93B), Canada ($1.84B), Germany ($1.58B), Belgium ($1.19B), and Ireland ($582M).

Ranking Medicaments nes, formulated, in bulk ranks 1279th in the Product Complexity Index (PCI).

Description A medicament is a chemical preparation used as a drug to prevent, diagnose, or treat an ailment. Medicaments are often used to relieve symptoms or to suppress the specific activity of a disease.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Medicaments nes, formulated, in bulk. Countries are shown based on data availability.

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Portugal$2.96B
Top Destination (2023)United States$1.93B

In 2023 Medicaments nes, formulated, in bulk were the world's 289th most traded product (out of 4,644).

In 2023, the top exporters of Medicaments nes, formulated, in bulk were Portugal ($2.96B), United States ($2.58B), Germany ($653M), Switzerland ($649M), and Singapore ($639M).

In 2023, the top importers of Medicaments nes, formulated, in bulk were United States ($1.93B), Canada ($1.84B), Germany ($1.58B), Belgium ($1.19B), and Ireland ($582M).

Explore Visualizations

Exporters of Medicaments nes, formulated, in bulk (2023)
[Click to Select a Country]

Importers of Medicaments nes, formulated, in bulk (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Portugal$1.63B
Top Destination Growth (2022 -  2023)Belgium$1.12B

Between 2022 and 2023, the exports of Medicaments nes, formulated, in bulk grew the fastest in Portugal ($1.63B), United States ($1.41B), Belgium ($222M), Singapore ($212M), and Ireland ($203M).

Between 2022 and 2023, the fastest growing importers of Medicaments nes, formulated, in bulk were Belgium ($1.12B), Germany ($905M), Canada ($842M), United States ($778M), and Hungary ($160M).

Explore Visualizations

Exporters of Medicaments nes, formulated, in bulk (2022 - 2023)

Importers of Medicaments nes, formulated, in bulk (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Medicaments nes, formulated, in bulk.

In 2023, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Medicaments nes, formulated, in bulk are explained by 15 countries.

Explore Visualizations

Value of Exports in Medicaments nes, formulated, in bulk

Net Trade

TOP NET EXPORTER (2023)Portugal$2.9B
TOP NET IMPORTER (2023)Canada$1.76B

This map shows which countries export or import more of Medicaments nes, formulated, in bulk. Each country is colored based on the difference in exports and imports of Medicaments nes, formulated, in bulk during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Medicaments nes, formulated, in bulk were Portugal ($2.9B), United States ($656M), Singapore ($627M), India ($464M), and Switzerland ($418M).

In 2023, the countries that had a largest trade value in imports than in exports of Medicaments nes, formulated, in bulk were Canada ($1.76B), Germany ($923M), Belgium ($755M), Spain ($287M), and United Kingdom ($253M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Medicaments nes, formulated, in bulk.
It is possible to select the main countries that export or import Medicaments nes, formulated, in bulk in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Medicaments nes, formulated, in bulk 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms