Packaged Medicaments in India 2022 Exports | Imports : $19.5B | $1.09B, World Rnk 9 / 217 Rnk 3 / 1212 World Rnk 55 / 224 Rnk 94 / 1206
2021 - 2022 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $244M | $44.2M, Belgium | Denmark
2022 ECONOMIC COMPLEXITY of India: 0.57, Rnk 42 / 124
2022 PRODUCT COMPLEXITY IN Packaged Medicaments: 0.73, Rnk 276 / 1025
Exports In 2022, India exported $19.5B in Packaged Medicaments, making it the 9th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most exported product in India. The main destination of Packaged Medicaments exports from India are: United States ($7.54B), United Kingdom ($585M), South Africa ($573M), Belgium ($474M), and Nigeria ($409M).
The fastest growing export markets for Packaged Medicaments of India between 2021 and 2022 were Belgium ($244M), Vietnam ($105M), and United States ($68.1M).
Imports In 2022, India imported $1.09B in Packaged Medicaments, becoming the 55th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 94th most imported product in India. India imports Packaged Medicaments primarily from: Germany ($196M), Switzerland ($161M), United States ($146M), Denmark ($139M), and Belgium ($74M).
The fastest growing import markets in Packaged Medicaments for India between 2021 and 2022 were Denmark ($44.2M), Switzerland ($23.4M), and Singapore ($5.68M).
COMPANIES In 2023, leading companies such as were at the forefront of shipping Packaged Medicaments from India to the United States.
Mar 2024
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Packaged Medicaments. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2022): $19.5B
IMPORTS (2022): $1.09B
NET TRADE (2022): $18.4B
In 2022, India exported $19.5B in Packaged Medicaments. The main destinations of India exports on Packaged Medicaments were United States ($7.54B), United Kingdom ($585M), South Africa ($573M), Belgium ($474M), and Nigeria ($409M).
In 2022, India imported $1.09B in Packaged Medicaments, mainly from Germany ($196M), Switzerland ($161M), United States ($146M), Denmark ($139M), and Belgium ($74M).
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR India WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY India WERE (2021 - 2022):
In 2022, India's main exporting competitors in Packaged Medicaments were:
In 2022, India's main importing competitors in Packaged Medicaments were:
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