Product intelligence · HS 300320 · 2024 data

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

Global exports of medicaments: containing antibiotics other than penicillins, streptomycins and their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale) totalled $1,072,068,539 in 2024, a -5.1% change from the previous year. Traded by 116 countries across 1,320 bilateral corridors, with demand from 189 importing markets. The long-term trend is stable.

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

Global trade

$1.1B

-5.1% YoY

3Y / 5Y CAGR

+2.7%

5Y: +2.6%

Supply structure

Concentrated

HHI 0.262

Volatility

Low

Score 11/100

1.

Market movement

In 2024, medicaments: containing antibiotics other than penicillins, streptomycins and their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale) trade exhibited significant decline, with global flows reaching $1,072,068,539 and a three-year compound annual growth rate of +2.7% (five-year: +2.6%). The all-time peak of $1,897,118,029 was recorded in 2009; the current level is 43% below that high-water mark.

Over the 30-year observation window (19952024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.8% acceleration).

The World Trade Flows Characterization classifies medicaments: containing antibiotics other than penicillins, streptomycins and 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 concentrated (Herfindahl-Hirschman Index 0.262). The three largest exporters — Italy ($439.8M), China ($395.4M), and Netherlands ($40.4M) — collectively dominate supply flows. The leading exporter has grown at +23.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.088). The three largest import markets are United States ($272.9M), Switzerland ($119.4M), and Germany ($41.0M). The largest importing market sources from 21 different supplying countries.

Estimated substitution elasticity: -22.15. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Italy → United States at $241.6M, representing 88.5% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for medicaments: containing antibiotics other than penicillins, streptomycins and their derivatives, for therapeutic or prophylactic uses, (not in measured doses, not packaged for retail sale) is 11 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. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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

Historical evidence

Annual trade value 19952024

Peak: $1,897,118,029 in 2009. Currently 43% below peak.

YearGlobal trade (USD)YoY growth
2015$1,210,808,231+36.0%
2016$1,109,475,802-8.4%
2017$929,450,488-16.2%
2018$870,267,399-6.4%
2019$942,233,488+8.3%
2020$1,282,855,537+36.2%
2021$989,705,342-22.9%
2022$1,385,993,608+40.0%
2023$1,129,934,835-18.5%
2024$1,072,068,539-5.1%

Top exporting countries

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

View all 116 exporters →

Top importing markets

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

View all 189 markets →

Leading trade corridors

Largest bilateral export flows for medicaments: containing antibiotics other than penicillins, streptomycins and 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
1ItalyUnited States$241.6M+39.0%
2ItalySwitzerland$117.2M+12.9%
3ChinaIndia$39.4M-7.3%
4ChinaBrazil$38.7M+14.8%
5JordanUnited Arab Emirates$22.0M+339.1%
6United KingdomUnited States$18.6M+62.7%
7ChinaGermany$17.9M-3.3%
8ChinaMexico$16.6M+22.5%

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.