HS Icon Packaged Medicaments in  Flag United States

2022
Exports | Imports
: $38.2B | $91.3B, World Rnk 3 / 217
Flag Rnk 8 / 1217
World Rnk 1 / 224
Flag Rnk 5 / 1216

2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.24B | $4.19B, United Kingdom |  Germany

2022
ECONOMIC COMPLEXITY of United States
: 1.41, Rnk 10 / 124

2022
PRODUCT COMPLEXITY IN Packaged Medicaments
: 0.73, Rnk 276 / 1025

Exports In 2022, United States exported $38.2B in Packaged Medicaments, making it the 3rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 8th most exported product in United States. The main destination of Packaged Medicaments exports from United States are: United Kingdom ($4.93B), Japan ($4.22B), Spain ($4.21B), Canada ($3.04B), and Netherlands ($2.94B).

The fastest growing export markets for Packaged Medicaments of United States between 2021 and 2022 were United Kingdom ($2.24B), Spain ($1.63B), and Japan ($1.07B).

Imports In 2022, United States imported $91.3B in Packaged Medicaments, becoming the 1st largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in United States. United States imports Packaged Medicaments primarily from: Germany ($16B), Switzerland ($13.7B), Ireland ($12.9B), India ($7.54B), and Denmark ($6.29B).

The fastest growing import markets in Packaged Medicaments for United States between 2021 and 2022 were Germany ($4.19B), Italy ($1.19B), and United Kingdom ($719M).

COMPANIES In 2023, leading companies such as LOREAL USA (210), WAL-MART INC. (201), and CONAIR CORPORATION (70) were at the forefront of shipping Packaged Medicaments to the United States.

January 2024

Subnational Monthly Trade

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EXPORT GROWTH (January 2023 - January 2024): $-353M, (-12.2%)

IMPORT GROWTH (January 2023 - January 2024): $-727M, (-8.45%)

MAIN EXPORTER (January 2024): Puerto Rico, $434M

MAIN DESTINATION (January 2024): United Kingdom, $582M

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 (2022): $38.2B

IMPORTS (2022): $91.3B

NET TRADE (2022): -$53B

In 2022, United States exported $38.2B in Packaged Medicaments. The main destinations of United States exports on Packaged Medicaments were United Kingdom ($4.93B), Japan ($4.22B), Spain ($4.21B), Canada ($3.04B), and Netherlands ($2.94B).

In 2022, United States imported $91.3B in Packaged Medicaments, mainly from Germany ($16B), Switzerland ($13.7B), Ireland ($12.9B), India ($7.54B), and Denmark ($6.29B).

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR United States WERE (2021 - 2022):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY United States WERE (2021 - 2022):

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Market Concentration

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In 2022, United States's main exporting competitors in Packaged Medicaments were:

In 2022, United States's main importing competitors in Packaged Medicaments were:

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