UN Comtrade • Latest complete year: 2024
30 - Pharmaceutical products (HS 30)
Global exports
$862.58B
Global imports
$884.38B
Top exporter share
14.0%
Top importer share
24.0%
- Global exports of Pharmaceutical products totaled $862.6B in 2024.
- Global imports of Pharmaceutical products reached $884.4B in the same year.
- Germany was the largest exporter, with shipments valued at $120.9B, accounting for 14.0% of the world's total.
- The United States was the top importer, receiving $212.7B in goods, which is 24.0% of the global import market.
- The top three exporters (Germany, Switzerland, United States) collectively represent 37.8% of the global export market.
- Key sub-categories include Medicaments (HS4 3004) and Human or animal blood products (HS4 3002).
Global Trade in Pharmaceutical Products
The global market for Pharmaceutical products (HS2 30) is substantial, with total exports reaching $862.6B and imports at $884.4B in 2024. The trade is highly concentrated among a few key nations. The leading exporters play a pivotal role in the supply chain, with significant trade flows directed towards major consumer markets.
Top Exporters and Importers
In 2024, Germany led global exports with $120.9B, followed closely by Switzerland at $110.4B. On the import side, the United States was the dominant market, with imports of $212.7B, representing 24.0% of the global total. Other major importers include Germany and China, highlighting the significant demand in both developed and emerging economies.
See also: GermanySwitzerlandUnited StatesChina
Key Product Segments
Within the Pharmaceutical products category, trade is dominated by two main sub-headings at the HS4 level. 'Medicaments' (HS 3004) account for the largest share of both exports (53.3%) and imports (54.2%). 'Human blood and immunological products' (HS 3002) represent the second-largest segment, comprising 40.4% of exports and 39.7% of imports in 2024.
Quick insights
- Germany is the top exporter (14.0% of reported exports).
- USA is the top importer (24.0% of reported imports).
- Top 3 exporter concentration: 37.8%.
- Top 5 exporter concentration: 55.2%.
Notes: Shares are relative to reported totals in the dataset for the selected year.
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Pharmaceutical products - product groups (4-digit) by top countries (Exports), 2024 (USD)
Top 10 countries with the leading 6 product groups (4-digit); remainder grouped as Other.
Flow: Exports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
Pharmaceutical products - country rank by trade value (Exports), 2015-2024 (USD)
Ranks show the top 10 countries by latest-year value (rank 1 is largest).
Flow: Exports | Years: 2015-2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
Global export trend
Pharmaceutical products - exports over time (Exports), 2015-2024 (USD)
Annual reported exports across available years.
Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
HS4 drilldown
Built: 2026-01-12T08:07:46Z • Snapshot: 20251222
HS4 subcategories within HS 30 for 2024 (partner = World). Values are summed across reporting economies; coverage varies by reporter and year.
Exports
Coverage vs HS2: 99.8%
Pharmaceutical products - top 4-digit product groups by export share (Exports), 2024 (USD)
Leading 4-digit product groups by export value.
Flow: Exports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 3004 | Medicaments; (not goods of head… | $459.53B | 53.3% |
| 3002 | Human blood; animal blood for t… | $348.62B | 40.4% |
| 3006 | Pharmaceutical goods | $19.79B | 2.3% |
| 3003 | Medicaments; (not goods of head… | $18.28B | 2.1% |
| 3005 | Wadding, gauze, bandages (dress… | $10.58B | 1.2% |
| 3001 | Glands and other organs (extrac… | $3.71B | 0.4% |
Subcategory names are truncated; hover to see the full description.
Fastest-growing HS4 (CAGR 2019–2024)
Filter: start-year value ≥ $1.00M
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 3003 | Medicaments; (not goods of head… | 14.4% | $18.28B |
| 3002 | Human blood; animal blood for t… | 12.3% | $348.62B |
| 3005 | Wadding, gauze, bandages (dress… | 5.9% | $10.58B |
| 3004 | Medicaments; (not goods of head… | 4.7% | $459.53B |
| 3006 | Pharmaceutical goods | 4.4% | $19.79B |
| 3001 | Glands and other organs (extrac… | -3.5% | $3.71B |
Imports
Coverage vs HS2: 99.7%
Pharmaceutical products - top 4-digit product groups by import share (Imports), 2024 (USD)
Leading 4-digit product groups by import value.
Flow: Imports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 3004 | Medicaments; (not goods of head… | $479.19B | 54.2% |
| 3002 | Human blood; animal blood for t… | $351.21B | 39.7% |
| 3006 | Pharmaceutical goods | $21.36B | 2.4% |
| 3003 | Medicaments; (not goods of head… | $15.75B | 1.8% |
| 3005 | Wadding, gauze, bandages (dress… | $10.44B | 1.2% |
| 3001 | Glands and other organs (extrac… | $3.53B | 0.4% |
Subcategory names are truncated; hover to see the full description.
Fastest-growing HS4 (CAGR 2019–2024)
Filter: start-year value ≥ $1.00M
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 3002 | Human blood; animal blood for t… | 12.3% | $351.21B |
| 3003 | Medicaments; (not goods of head… | 5.4% | $15.75B |
| 3005 | Wadding, gauze, bandages (dress… | 4.7% | $10.44B |
| 3004 | Medicaments; (not goods of head… | 4.0% | $479.19B |
| 3006 | Pharmaceutical goods | 3.5% | $21.36B |
| 3001 | Glands and other organs (extrac… | -2.8% | $3.53B |
Explore country profiles
Jump from this HS2 product to the country trade pages for the largest exporters and importers.
Top exporters
Top trade routes
Top exporter → importer routes among the largest exporters (bounded at build-time).
| Exporter | Importer | Value | Share of exports |
|---|---|---|---|
| Switzerland (CHE) | USA (USA) | $35.45B | 4.1% |
| Ireland (IRL) | USA (USA) | $33.09B | 3.8% |
| Germany (DEU) | USA (USA) | $28.52B | 3.3% |
| Slovenia (SVN) | Switzerland (CHE) | $21.76B | 2.5% |
| Belgium (BEL) | USA (USA) | $16.49B | 1.9% |
| Ireland (IRL) | Netherlands (NLD) | $14.72B | 1.7% |
| Ireland (IRL) | Belgium (BEL) | $14.44B | 1.7% |
| Switzerland (CHE) | Germany (DEU) | $11.51B | 1.3% |
| Italy (ITA) | USA (USA) | $10.49B | 1.2% |
| USA (USA) | China (CHN) | $9.50B | 1.1% |
| Italy (ITA) | Switzerland (CHE) | $9.33B | 1.1% |
| Germany (DEU) | Netherlands (NLD) | $9.17B | 1.1% |
| Germany (DEU) | Switzerland (CHE) | $8.98B | 1.0% |
| India (IND) | USA (USA) | $8.72B | 1.0% |
| USA (USA) | Netherlands (NLD) | $8.71B | 1.0% |
Data notes & methodology
Source: UN Comtrade
Exports total: $862.58B • Imports total: $884.38B
Canonical: https://tradevedia.com/product/hs2/30/