HS Icon Packaged Medicaments in  Flag United States

2020
Exports | Imports
: $26.1B | $84.1B, World Rnk 6 / 210
Flag Rnk 10 / 1217 | World Rnk 1 / 224
Flag Rnk 3 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $887M | $2.38B, China |  Ireland

2020
ECONOMIC COMPLEXITY of United States
: 1.56, Rnk 9 / 127

2020
PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.6, Rnk 320 / 1029

Exports In 2020, United States exported $26.1B in Packaged Medicaments, making it the 6th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 10th most exported product in United States. The main destination of Packaged Medicaments exports from United States are: Germany ($2.57B), China ($2.47B), Canada ($2.46B), Japan ($2.3B), and Spain ($1.87B).

The fastest growing export markets for Packaged Medicaments of United States between 2019 and 2020 were China ($887M), Germany ($147M), and Netherlands ($141M).

Imports In 2020, United States imported $84.1B in Packaged Medicaments, becoming the 1st largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in United States. United States imports Packaged Medicaments primarily from: Ireland ($14.4B), Switzerland ($13.2B), Germany ($10.8B), India ($7.26B), and Denmark ($6.01B).

The fastest growing import markets in Packaged Medicaments for United States between 2019 and 2020 were Ireland ($2.38B), Belgium ($1.47B), and Sweden ($1.17B).

July 2022

Subnational Monthly Trade

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Time Scale
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Value

EXPORT GROWTH (July 2021 - July 2022): $604M, (30.4%)

IMPORT GROWTH (July 2021 - July 2022): $8.56M, (0.13%)

MAIN EXPORTER (July 2022): Puerto Rico, $597M

MAIN DESTINATION (July 2022): United Kingdom, $524M

This section shows Packaged Medicaments's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Packaged Medicaments over time.

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Historical Data

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EXPORTS (2020): $26.1B

IMPORTS (2020): $84.1B

NET TRADE (2020): -$58.1B

In 2020, United States exported $26.1B in Packaged Medicaments. The main destinations of United States exports on Packaged Medicaments were Germany ($2.57B), China ($2.47B), Canada ($2.46B), Japan ($2.3B), and Spain ($1.87B).

In 2020, United States imported $84.1B in Packaged Medicaments, mainly from Ireland ($14.4B), Switzerland ($13.2B), Germany ($10.8B), India ($7.26B), and Denmark ($6.01B).

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Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR United States WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY United States WERE (2019 - 2020):

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Market Concentration

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In 2020, United States's main exporting competitors in Packaged Medicaments were:

In 2020, United States's main importing competitors in Packaged Medicaments were:

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