Classification 4454 for Standard International Trade Classification (SITC).

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Overview This page contains the latest trade data of Medicinal and pharmaceutical products. In 2018, Medicinal and pharmaceutical products were the world's 120th most traded product, with a total trade of $16.2B. Between 2017 and 2018 the exports of Medicinal and pharmaceutical products decreased by -1.43%, from $16.4B to $16.2B. Trade in Medicinal and pharmaceutical products represent 0.085% of total world trade.

Medicinal and pharmaceutical products are a part of Chemicals and related products, n.e.s.. They include Medicinal and pharmaceutical products.

Exports In 2018 the top exporters of Medicinal and pharmaceutical products  were China ($4.8B), Belgium ($2.38B), United States ($1.58B), Germany ($830M), and Singapore ($811M).

Imports In 2018 the top importers of Medicinal and pharmaceutical products were United States ($2.51B), France ($1.46B), Canada ($1.14B), Germany ($913M), and Netherlands ($904M).

Historical Data

Exporters and Importers

Top Origin (2018)China$4.8B
Top Destination (2018)United States$2.51B

In 2018 Medicinal and pharmaceutical products were the world's 120th most traded product (out of 237).

In 2018, the top exporters of Medicinal and pharmaceutical products were China ($4.8B), Belgium ($2.38B), United States ($1.58B), Germany ($830M), and Singapore ($811M).

In 2018, the top importers of Medicinal and pharmaceutical products were United States ($2.51B), France ($1.46B), Canada ($1.14B), Germany ($913M), and Netherlands ($904M).

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Exporters of Medicinal and pharmaceutical products (2018)
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Importers of Medicinal and pharmaceutical products (2018)
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Market Dynamics

Color
Top Origin Growth (2017 -  2018)Belgium$862M
Top Destination Growth (2017 -  2018)United States$426M

Between 2017 and 2018, the exports of Medicinal and pharmaceutical products grew the fastest in Belgium ($862M), China ($614M), Australia ($474M), United Kingdom ($168M), and Ireland ($91M).

Between 2017 and 2018, the fastest growing importers of Medicinal and pharmaceutical products were United States ($426M), China ($339M), Vietnam ($200M), Italy ($176M), and Canada ($175M).

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Exporters of Medicinal and pharmaceutical products (2017 - 2018)

Importers of Medicinal and pharmaceutical products (2017 - 2018)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Medicinal and pharmaceutical products.

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Value of Exports in Medicinal and pharmaceutical products

Net Trade

TOP NET EXPORTER (2018)China$4.11B
TOP NET IMPORTER (2018)Canada$1.1B

This map shows which countries export or import more of Medicinal and pharmaceutical products. Each country is colored based on the difference in exports and imports of Medicinal and pharmaceutical products during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Medicinal and pharmaceutical products were China ($4.11B), Belgium ($1.64B), Singapore ($633M), Ireland ($402M), and United Kingdom ($358M).

In 2018, the countries that had a largest trade value in imports than in exports of Medicinal and pharmaceutical products were Canada ($1.1B), United States ($936M), France ($854M), Netherlands ($451M), and Brazil ($381M).

Net Trade (2018)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Medicinal and pharmaceutical products by percentage of total exports

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