294110 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Penicillins, derivatives, in bulk, salts. In 2022, Penicillins, derivatives, in bulk, salts were the world's 1402nd most traded product, with a total trade of $2.21B. Between 2021 and 2022 the exports of Penicillins, derivatives, in bulk, salts grew by 16.6%, from $1.89B to $2.21B. Trade in Penicillins, derivatives, in bulk, salts represent 0.0093% of total world trade.

Penicillins, derivatives, in bulk, salts are a part of Antibiotics.

Exports In 2022 the top exporters of Penicillins, derivatives, in bulk, salts  were China ($1.12B), India ($253M), Spain ($246M), Singapore ($104M), and Austria ($101M).

Imports In 2022 the top importers of Penicillins, derivatives, in bulk, salts were India ($553M), Austria ($134M), Netherlands ($108M), United Kingdom ($91.2M), and Brazil ($89M).

Ranking Penicillins, derivatives, in bulk, salts ranks 1072nd in the Product Complexity Index (PCI).

Description Penicillins are antibiotics that are used to treat bacterial infections. Penicillin derivatives are compounds that are derived from penicillin and are used to treat bacterial infections. Penicillins can be in the form of salts, which are compounds that are obtained when an acid and a base combine, or in bulk form. Bulk form is used in penicillin production.

Latest Data

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The following visualization shows the latest trends on Penicillins, derivatives, in bulk, salts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$1.12B
Top Destination (2022)India$553M

In 2022 Penicillins, derivatives, in bulk, salts were the world's 1402nd most traded product (out of 4,648).

In 2022, the top exporters of Penicillins, derivatives, in bulk, salts were China ($1.12B), India ($253M), Spain ($246M), Singapore ($104M), and Austria ($101M).

In 2022, the top importers of Penicillins, derivatives, in bulk, salts were India ($553M), Austria ($134M), Netherlands ($108M), United Kingdom ($91.2M), and Brazil ($89M).

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Exporters of Penicillins, derivatives, in bulk, salts (2022)
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Importers of Penicillins, derivatives, in bulk, salts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$227M
Top Destination Growth (2021 -  2022)India$116M

Between 2021 and 2022, the exports of Penicillins, derivatives, in bulk, salts grew the fastest in China ($227M), India ($49.1M), Singapore ($35M), Netherlands ($26.8M), and Mexico ($24.5M).

Between 2021 and 2022, the fastest growing importers of Penicillins, derivatives, in bulk, salts were India ($116M), Brazil ($37.6M), United Kingdom ($37.1M), Austria ($24.2M), and Vietnam ($17.2M).

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Exporters of Penicillins, derivatives, in bulk, salts (2021 - 2022)

Importers of Penicillins, derivatives, in bulk, salts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Penicillins, derivatives, in bulk, salts.

In 2022, market concentration measured using Shannon Entropy, was 2.65. This means that most of the exports of Penicillins, derivatives, in bulk, salts are explained by 6 countries.

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Value of Exports in Penicillins, derivatives, in bulk, salts

Net Trade

TOP NET EXPORTER (2022)China$1.05B
TOP NET IMPORTER (2022)India$300M

This map shows which countries export or import more of Penicillins, derivatives, in bulk, salts. Each country is colored based on the difference in exports and imports of Penicillins, derivatives, in bulk, salts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Penicillins, derivatives, in bulk, salts were China ($1.05B), Spain ($193M), Singapore ($79.2M), Italy ($32.8M), and Bulgaria ($30.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Penicillins, derivatives, in bulk, salts were India ($300M), Brazil ($88.8M), United Kingdom ($71.3M), United States ($67.8M), and Thailand ($63.9M).

Net Trade (2022)

Country Comparison

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

Top 10 Exporters Countries of Penicillins, derivatives, in bulk, salts by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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