Product intelligence · HS 300310 · 2024 data

Medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale)

Global exports of medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale) totalled $491,687,189 in 2024, a -1.1% change from the previous year. Traded by 100 countries across 887 bilateral corridors, with demand from 166 importing markets. The long-term trend is growing.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$491.7M

-1.1% YoY

3Y / 5Y CAGR

+3.8%

5Y: +7.1%

Supply structure

Moderately concentrated

HHI 0.162

Volatility

Low

Score 9/100

1.

Market movement

In 2024, medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale) trade exhibited slight decline, with global flows reaching $491,687,189 and a three-year compound annual growth rate of +3.8% (five-year: +7.1%). The all-time peak of $1,045,489,525 was recorded in 2011; the current level is 53% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+6.7% acceleration).

The World Trade Flows Characterization classifies medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale) as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.162). The three largest exporters — United Kingdom ($140.3M), Switzerland ($117.5M), and China ($103.6M) — collectively dominate supply flows. The leading exporter has grown at +20.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.060). The three largest import markets are Netherlands ($63.5M), Algeria ($55.3M), and Austria ($49.4M). The largest importing market sources from 23 different supplying countries.

Estimated substitution elasticity: -31.37. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Germany → Netherlands at $59.3M, representing 93.4% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale) is 9 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $1,045,489,525 in 2011. Currently 53% below peak.

YearGlobal trade (USD)YoY growth
2015$586,655,079-10.5%
2016$532,934,319-9.2%
2017$541,541,532+1.6%
2018$487,508,393-10.0%
2019$349,730,346-28.3%
2020$424,306,165+21.3%
2021$439,275,165+3.5%
2022$405,056,353-7.8%
2023$497,260,855+22.8%
2024$491,687,189-1.1%

Top exporting countries

Ranked by export value of medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale) in 2024.

View all 100 exporters →

Top importing markets

Largest import destinations for medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale).

View all 166 markets →

Leading trade corridors

Largest bilateral export flows for medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1GermanyNetherlands$59.3M+317.2%
2United KingdomAlgeria$48.6M+7.3%
3United KingdomEgypt$40.5M+364.2%
4SpainAustria$38.0M-3.5%
5South AfricaUnited Arab Emirates$15.2M+6317.7%
6United KingdomMorocco$13.2M+9.9%
7ChinaSouth Korea$13.2M+13.4%
8ChinaIndia$12.6M+4.6%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.