# HS 300220 For Human Medicine global trade data overview...

Reported global trade in for human medicine reached $49.2B in 2024, with five-year annual growth of +9%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $20.9B | +14.4% | +2.4% |
| 2014 | $26.1B | +24.6% | +15.5% |
| 2015 | $21.9B | -15.9% | +6.2% |
| 2016 | $21.9B | -0.1% | +1.6% |
| 2017 | $24.6B | +12.4% | -1.9% |
| 2018 | $28.4B | +15.7% | +9.1% |
| 2019 | $32.0B | +12.6% | +13.5% |
| 2020 | $32.6B | +1.9% | +9.9% |
| 2021 | $116.0B | +255.3% | +59.8% |
| 2022 | $88.4B | -23.8% | +40.3% |
| 2023 | $59.2B | -33.1% | +21.9% |
| 2024 | $49.2B | -16.8% | -24.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $11.3B | +5.1% | 39 |
| Belgium | $6.9B | +0.6% | 36 |
| Germany | $3.2B | +17.1% | 49 |
| China | $2.7B | +22.8% | 25 |
| United Kingdom | $1.8B | -2.2% | 35 |
| Singapore | $1.7B | +95.2% | 37 |
| Netherlands | $1.5B | +19.3% | 46 |
| Italy | $1.4B | +27.5% | 23 |
| France | $1.4B | +13.7% | 37 |
| Japan | $1.4B | +36.3% | 24 |
| Canada | $1.2B | +19.7% | 27 |
| Spain | $1.1B | +19.7% | 25 |

_Source: reported merchandise trade data. Updated 2026-08-14._