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Products n.e.c. in heading 2404, intended for the intake of nicotine into the human body, for transdermal application

240492 (Harmonized System 2022 for 6-digit)

2023
World Trade $121MRnk 4520 / 5606
2023
Top Exporter | Top Importer $59.5M | $15.2MGermany | United Kingdom
2023
Product Complexity 1.22Rnk 504 / 5606
2022 - 2023
Export Growth (CAGR) 14.7%Rnk 718 / 5606
2023
Share of World Trade 0.00053%Rnk 4520 / 5606

About

Overview This page contains the latest trade data of Nicotine patches: for skin application. In 2023, Nicotine patches: for skin application were the world's 4520th most traded product, with a total trade of $121M. Between 2022 and 2023 the exports of Nicotine patches: for skin application grew by 14.7%, from $105M to $121M. Trade in Nicotine patches: for skin application represent 0.00053% of total world trade.

Nicotine patches: for skin application are a part of Inhalable tobacco/nicotine products.

Exports In 2023 the top exporters of Nicotine patches: for skin application  were Germany ($59.5M), Ireland ($15.5M), Switzerland ($10.8M), Belgium ($7.24M), and Italy ($5.51M).

Imports In 2023 the top importers of Nicotine patches: for skin application were United Kingdom ($15.2M), France ($14.7M), United States ($9.96M), Australia ($9.84M), and Switzerland ($8.18M).

Ranking Nicotine patches: for skin application ranks 504th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Nicotine patches: for skin application. 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)Germany$59.5M
Top Destination (2023)United Kingdom$15.2M

In 2023 Nicotine patches: for skin application were the world's 4520th most traded product (out of 5,606).

In 2023, the top exporters of Nicotine patches: for skin application were Germany ($59.5M), Ireland ($15.5M), Switzerland ($10.8M), Belgium ($7.24M), and Italy ($5.51M).

In 2023, the top importers of Nicotine patches: for skin application were United Kingdom ($15.2M), France ($14.7M), United States ($9.96M), Australia ($9.84M), and Switzerland ($8.18M).

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Exporters of Nicotine patches: for skin application (2023)
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Importers of Nicotine patches: for skin application (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Ireland$7.66M
Top Destination Growth (2022 -  2023)Brazil$7.95M

Between 2022 and 2023, the exports of Nicotine patches: for skin application grew the fastest in Ireland ($7.66M), Switzerland ($7.32M), Germany ($5.96M), India ($2.6M), and Belgium ($2.03M).

Between 2022 and 2023, the fastest growing importers of Nicotine patches: for skin application were Brazil ($7.95M), United States ($7.17M), Switzerland ($4.22M), Saudi Arabia ($3.17M), and New Zealand ($1.84M).

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Exporters of Nicotine patches: for skin application (2022 - 2023)

Importers of Nicotine patches: for skin application (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nicotine patches: for skin application.

In 2023, market concentration measured using Shannon Entropy, was 2.72. This means that most of the exports of Nicotine patches: for skin application are explained by 6 countries.

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Value of Exports in Nicotine patches: for skin application

Net Trade

Year
TOP NET EXPORTER (2023)Germany$53.4M
TOP NET IMPORTER (2023)United Kingdom$15.1M

This map shows which countries export or import more of Nicotine patches: for skin application. Each country is colored based on the difference in exports and imports of Nicotine patches: for skin application during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Nicotine patches: for skin application were Germany ($53.4M), Ireland ($13.8M), Italy ($4.97M), Poland ($3.45M), and Belgium ($3.36M).

In 2023, the countries that had a largest trade value in imports than in exports of Nicotine patches: for skin application were United Kingdom ($15.1M), France ($10.7M), Australia ($9.84M), United States ($8.56M), and Brazil ($8.02M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Nicotine patches: for skin application.
It is possible to select the main countries that export or import Nicotine patches: for skin application in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nicotine patches: for skin application 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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