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294110 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.49BRnk 1237 / 4644
2023
Top Exporter | Top Importer $1.4B | $780MChina | India
2023
Product Complexity 0.77Rnk 1159 / 4656
2022 - 2023
Export Growth (CAGR) 13.6%Rnk 487 / 4644
2023
Share of World Trade 0.011%Rnk 1237 / 4644

About

Overview This page contains the latest trade data of Penicillins, derivatives, in bulk, salts. In 2023, Penicillins, derivatives, in bulk, salts were the world's 1237th most traded product, with a total trade of $2.49B. Between 2022 and 2023 the exports of Penicillins, derivatives, in bulk, salts grew by 13.6%, from $2.19B to $2.49B. Trade in Penicillins, derivatives, in bulk, salts represent 0.011% of total world trade.

Penicillins, derivatives, in bulk, salts are a part of Antibiotics.

Exports In 2023 the top exporters of Penicillins, derivatives, in bulk, salts  were China ($1.4B), Spain ($285M), India ($246M), Austria ($115M), and Singapore ($102M).

Imports In 2023 the top importers of Penicillins, derivatives, in bulk, salts were India ($780M), Austria ($146M), Netherlands ($117M), Brazil ($87.5M), and United Kingdom ($84.2M).

Ranking Penicillins, derivatives, in bulk, salts ranks 1159th in the Product Complexity Index (PCI).

Description Penicillins are antibiotics that are used to treat bacterial infections. Penicillin derivatives are compounds that are derived from penicillin and are used to treat bacterial infections. Penicillins can be in the form of salts, which are compounds that are obtained when an acid and a base combine, or in bulk form. Bulk form is used in penicillin production.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Penicillins, derivatives, in bulk, salts. 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)China$1.4B
Top Destination (2023)India$780M

In 2023 Penicillins, derivatives, in bulk, salts were the world's 1237th most traded product (out of 4,644).

In 2023, the top exporters of Penicillins, derivatives, in bulk, salts were China ($1.4B), Spain ($285M), India ($246M), Austria ($115M), and Singapore ($102M).

In 2023, the top importers of Penicillins, derivatives, in bulk, salts were India ($780M), Austria ($146M), Netherlands ($117M), Brazil ($87.5M), and United Kingdom ($84.2M).

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Exporters of Penicillins, derivatives, in bulk, salts (2023)
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Importers of Penicillins, derivatives, in bulk, salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$273M
Top Destination Growth (2022 -  2023)India$165M

Between 2022 and 2023, the exports of Penicillins, derivatives, in bulk, salts grew the fastest in China ($273M), Spain ($24M), India ($18.5M), Austria ($14.2M), and Italy ($8.74M).

Between 2022 and 2023, the fastest growing importers of Penicillins, derivatives, in bulk, salts were India ($165M), Italy ($25.2M), Thailand ($16.2M), Indonesia ($14.3M), and Turkey ($13.9M).

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Exporters of Penicillins, derivatives, in bulk, salts (2022 - 2023)

Importers of Penicillins, derivatives, in bulk, salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Penicillins, derivatives, in bulk, salts.

In 2023, market concentration measured using Shannon Entropy, was 2.43. This means that most of the exports of Penicillins, derivatives, in bulk, salts are explained by 5 countries.

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Value of Exports in Penicillins, derivatives, in bulk, salts

Net Trade

TOP NET EXPORTER (2023)China$1.37B
TOP NET IMPORTER (2023)India$535M

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

In 2023, the countries that had a largest trade value in exports than in imports of Penicillins, derivatives, in bulk, salts were China ($1.37B), Spain ($235M), Singapore ($101M), Mexico ($33.5M), and Bulgaria ($22.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Penicillins, derivatives, in bulk, salts were India ($535M), Brazil ($86.5M), Thailand ($80.6M), United Kingdom ($70.9M), and Indonesia ($69.4M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Penicillins, derivatives, in bulk, salts 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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