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293712 (Harmonized System 2002 for 6-digit)

2023
World Trade $1.03BRnk 2146 / 4940
2023
Top Exporter | Top Importer $493M | $289MUnited States | Italy
2023
Product Complexity 0.46Rnk 1856 / 4951
2022 - 2023
Export Growth (CAGR) -59.1%Rnk 4849 / 4940
2023
Share of World Trade 0.0045%Rnk 2146 / 4940

About

Overview This page contains the latest trade data of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts. In 2023, Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts were the world's 2146th most traded product, with a total trade of $1.03B. Between 2022 and 2023 the exports of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts decreased by -59.1%, from $2.51B to $1.03B. Trade in Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts represent 0.0045% of total world trade.

Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts are a part of Hormones, prostaglandins, thromboxanes and leukotrienes, natural or reproduced by synthesis; derivatives and....

Exports In 2023 the top exporters of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts  were United States ($493M), Denmark ($372M), India ($41.8M), Portugal ($36.1M), and Malaysia ($26.8M).

Imports In 2023 the top importers of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts were Italy ($289M), France ($227M), China ($181M), United States ($87.2M), and Denmark ($36.9M).

Ranking Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts ranks 1856th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its 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)United States$493M
Top Destination (2023)Italy$289M

In 2023 Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts were the world's 2146th most traded product (out of 4,940).

In 2023, the top exporters of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts were United States ($493M), Denmark ($372M), India ($41.8M), Portugal ($36.1M), and Malaysia ($26.8M).

In 2023, the top importers of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts were Italy ($289M), France ($227M), China ($181M), United States ($87.2M), and Denmark ($36.9M).

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Exporters of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts (2023)
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Importers of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts (2023)
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Market Dynamics

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Top Origin Growth (2022 -  2023)Malaysia$3.97M
Top Destination Growth (2022 -  2023)Brazil$13.1M

Between 2022 and 2023, the exports of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts grew the fastest in Malaysia ($3.97M), Belgium ($3.65M), Singapore ($2.16M), United Arab Emirates ($971k), and Netherlands ($865k).

Between 2022 and 2023, the fastest growing importers of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts were Brazil ($13.1M), Pakistan ($4.88M), South Africa ($4.33M), Belgium ($4.26M), and Algeria ($3.98M).

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Exporters of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts (2022 - 2023)

Importers of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts.

In 2023, market concentration measured using Shannon Entropy, was 1.93. This means that most of the exports of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts are explained by 3 countries.

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Value of Exports in Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts

Net Trade

TOP NET EXPORTER (2023)United States$406M
TOP NET IMPORTER (2023)Italy$289M

This map shows which countries export or import more of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts. Each country is colored based on the difference in exports and imports of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts were United States ($406M), Denmark ($335M), Portugal ($36M), Malaysia ($26.8M), and India ($6.77M).

In 2023, the countries that had a largest trade value in imports than in exports of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts were Italy ($289M), France ($214M), China ($168M), Mexico ($24.4M), and Bangladesh ($9.28M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts.
It is possible to select the main countries that export or import Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its 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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