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Ambergris, castoreum, civet and musk; cantharides; bile, dried or not glands, other animal products used in preparation of pharmaceutical products, fresh chilled, frozen or otherwise provisionally preserved

0510 (Harmonized System 1992 for 4-digit)

2022
World Trade $437MRnk 1071 / 1218
2022
Top Exporter | Top Importer $116M | $130MBrazil | Hong Kong
2021 - 2022
Export Growth (CAGR) 16.6%Rnk 246 / 1218
2022
Share of World Trade 0.0018%Rnk 1071 / 1218

About

Overview This page contains the latest trade data of Pharmaceutical Animal Products. In 2022, Pharmaceutical Animal Products were the world's 1071st most traded product, with a total trade of $437M. Between 2021 and 2022 the exports of Pharmaceutical Animal Products grew by 16.6%, from $375M to $437M. Trade in Pharmaceutical Animal Products represent 0.0018% of total world trade.

Pharmaceutical Animal Products are a part of Animal originated products, n.e.s.. They include Pharmaceutical Animal Products.

Exports In 2022 the top exporters of Pharmaceutical Animal Products  were Brazil ($116M), Russia ($33.7M), Hong Kong ($26.7M), Spain ($24.1M), and United States ($19.5M).

Imports In 2022 the top importers of Pharmaceutical Animal Products were Hong Kong ($130M), South Korea ($76.6M), Germany ($28.3M), Brazil ($26.9M), and Denmark ($21.3M).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pharmaceutical Animal 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

Top Origin (2022)Brazil$116M
Top Destination (2022)Hong Kong$130M

In 2022 Pharmaceutical Animal Products were the world's 1071st most traded product (out of 1,218).

In 2022, the top exporters of Pharmaceutical Animal Products were Brazil ($116M), Russia ($33.7M), Hong Kong ($26.7M), Spain ($24.1M), and United States ($19.5M).

In 2022, the top importers of Pharmaceutical Animal Products were Hong Kong ($130M), South Korea ($76.6M), Germany ($28.3M), Brazil ($26.9M), and Denmark ($21.3M).

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Exporters of Pharmaceutical Animal Products (2022)
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Importers of Pharmaceutical Animal Products (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$25.3M
Top Destination Growth (2021 -  2022)South Korea$25.8M

Between 2021 and 2022, the exports of Pharmaceutical Animal Products grew the fastest in Brazil ($25.3M), Russia ($15.8M), Thailand ($9.24M), Spain ($5.73M), and New Zealand ($5.44M).

Between 2021 and 2022, the fastest growing importers of Pharmaceutical Animal Products were South Korea ($25.8M), Hong Kong ($8.71M), China ($7.9M), India ($7.54M), and Spain ($7.14M).

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Exporters of Pharmaceutical Animal Products (2021 - 2022)

Importers of Pharmaceutical Animal Products (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pharmaceutical Animal Products.

In 2022, market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Pharmaceutical Animal Products are explained by 20 countries.

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Value of Exports in Pharmaceutical Animal Products

Net Trade

TOP NET EXPORTER (2022)Brazil$89.5M
TOP NET IMPORTER (2022)Hong Kong$103M

This map shows which countries export or import more of Pharmaceutical Animal Products. Each country is colored based on the difference in exports and imports of Pharmaceutical Animal Products during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pharmaceutical Animal Products were Brazil ($89.5M), Russia ($33.5M), Kazakhstan ($17.8M), Colombia ($15.7M), and Australia ($11.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Pharmaceutical Animal Products were Hong Kong ($103M), South Korea ($74.6M), Germany ($21.7M), Japan ($20.6M), and Denmark ($17.4M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Pharmaceutical Animal Products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $1.78M
TOP IMPORT POTENTIALColombia+ $406k

Pharmaceutical Animal Products’s highest export potential is China. With an export gap of $1.78M.  Pharmaceutical Animal Products’s highest import potential is Colombia with an import gap of $406k.

See methodology.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Pharmaceutical Animal Products to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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