{
  "pageType": "HS2 sector trade overview",
  "source": "api",
  "title": "Pharmaceutical products (HS2 30) Sector Trade Overview | Yugalinks",
  "description": "Review reported global trade for the pharmaceutical products sector at HS2 30, including scale, trend, market structure, corridors, exporters, importers, and HS6 products.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs2/30",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "sameAs": [
      "https://in.linkedin.com/company/yugalinks"
    ]
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs2/30/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs2/30/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs2/30/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs2/30/index.ld.json",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "internalLinks": {
    "workspace": "https://www.yugalinks.com/app",
    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "dataCoverage": "https://www.yugalinks.com/data-coverage",
    "responsibleAi": "https://www.yugalinks.com/responsible-ai"
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  "sector": {
    "hs2": "30",
    "name": "Pharmaceutical products"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:08"
  },
  "answer": "The pharmaceutical products sector recorded $900.6B in reported global trade in 2024, with +25.6% annual change.",
  "keyFigures": {
    "latestTradeUsd": 900552920952.6316,
    "latestAnnualChangePct": 25.628178451691305,
    "activeExporters": 198,
    "activeImporters": 200,
    "activeHs6Products": 43
  },
  "growthAndStructure": {
    "trendLabel": "Growing",
    "tradeCagr3yPct": 3.14058042951999,
    "tradeCagr5yPct": 7.628579135808988,
    "historicalPeakUsd": 900552920952.6316,
    "historicalPeakYear": 2024,
    "positiveGrowthYearSharePct": 89.65517241379311,
    "exporterConcentrationHhi": 1978.955228768886,
    "importerConcentrationHhi": 1551.2936329133413,
    "tradeVolatilityCv": 0.6344844801892214
  },
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      "year": 1995,
      "hs2": 30,
      "global_trade_usd": 55541110941.680695,
      "corridor_count": 8209,
      "active_hs6_count": 39
    },
    {
      "year": 1996,
      "hs2": 30,
      "global_trade_usd": 60590166957.98763,
      "corridor_count": 8223,
      "active_hs6_count": 39
    },
    {
      "year": 1997,
      "hs2": 30,
      "global_trade_usd": 66859501273.03815,
      "corridor_count": 8279,
      "active_hs6_count": 39
    },
    {
      "year": 1998,
      "hs2": 30,
      "global_trade_usd": 75653621339.49875,
      "corridor_count": 8498,
      "active_hs6_count": 39
    },
    {
      "year": 1999,
      "hs2": 30,
      "global_trade_usd": 94752040872.62274,
      "corridor_count": 8985,
      "active_hs6_count": 39
    },
    {
      "year": 2000,
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      "global_trade_usd": 99869886058.80927,
      "corridor_count": 10107,
      "active_hs6_count": 39
    },
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      "year": 2001,
      "hs2": 30,
      "global_trade_usd": 122266647908.42049,
      "corridor_count": 10351,
      "active_hs6_count": 39
    },
    {
      "year": 2002,
      "hs2": 30,
      "global_trade_usd": 152284178067.50134,
      "corridor_count": 10295,
      "active_hs6_count": 39
    },
    {
      "year": 2003,
      "hs2": 30,
      "global_trade_usd": 188174029420.28516,
      "corridor_count": 10537,
      "active_hs6_count": 39
    },
    {
      "year": 2004,
      "hs2": 30,
      "global_trade_usd": 227241453661.5295,
      "corridor_count": 10825,
      "active_hs6_count": 39
    },
    {
      "year": 2005,
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      "corridor_count": 11069,
      "active_hs6_count": 39
    },
    {
      "year": 2006,
      "hs2": 30,
      "global_trade_usd": 290562391325.3119,
      "corridor_count": 11339,
      "active_hs6_count": 39
    },
    {
      "year": 2007,
      "hs2": 30,
      "global_trade_usd": 347667424577.2206,
      "corridor_count": 11591,
      "active_hs6_count": 39
    },
    {
      "year": 2008,
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      "global_trade_usd": 400959879087.9464,
      "corridor_count": 11601,
      "active_hs6_count": 39
    },
    {
      "year": 2009,
      "hs2": 30,
      "global_trade_usd": 422932044540.21625,
      "corridor_count": 11882,
      "active_hs6_count": 39
    },
    {
      "year": 2010,
      "hs2": 30,
      "global_trade_usd": 418410037355.6292,
      "corridor_count": 12012,
      "active_hs6_count": 39
    },
    {
      "year": 2011,
      "hs2": 30,
      "global_trade_usd": 451657295063.4006,
      "corridor_count": 12349,
      "active_hs6_count": 39
    },
    {
      "year": 2012,
      "hs2": 30,
      "global_trade_usd": 451226893429.24963,
      "corridor_count": 12598,
      "active_hs6_count": 44
    },
    {
      "year": 2013,
      "hs2": 30,
      "global_trade_usd": 467873906090.46,
      "corridor_count": 12610,
      "active_hs6_count": 44
    },
    {
      "year": 2014,
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      "global_trade_usd": 496533117322.48486,
      "corridor_count": 12960,
      "active_hs6_count": 44
    },
    {
      "year": 2015,
      "hs2": 30,
      "global_trade_usd": 475849925304.4054,
      "corridor_count": 13055,
      "active_hs6_count": 44
    },
    {
      "year": 2016,
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      "global_trade_usd": 496151486536.6139,
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      "active_hs6_count": 44
    },
    {
      "year": 2017,
      "hs2": 30,
      "global_trade_usd": 528791349874.0235,
      "corridor_count": 13293,
      "active_hs6_count": 44
    },
    {
      "year": 2018,
      "hs2": 30,
      "global_trade_usd": 591984754017.437,
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      "active_hs6_count": 44
    },
    {
      "year": 2019,
      "hs2": 30,
      "global_trade_usd": 623549886396.1963,
      "corridor_count": 13533,
      "active_hs6_count": 44
    },
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      "year": 2020,
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      "global_trade_usd": 681634442591.9479,
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      "active_hs6_count": 44
    },
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      "year": 2021,
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      "year": 2022,
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    },
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    },
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    },
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      "product_name": "Medicaments: containing alkaloids or their derivatives: other than ephedrine, pseudoephedrine (INN) or norephedrine or their salts: for therapeutic or prophylactic uses, (not packaged for retail sale)"
    },
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      "product_name": "Medicaments: containing antimalarial active principles described in subheading note 2 to this chapter, for therapeutic or prophylactic uses, (not packaged for retail sale)"
    },
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    },
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    },
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      "product_name": "Medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale"
    },
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      "product_name": "Medicaments: containing insulin, for therapeutic or prophylactic uses, packaged for retail sale"
    },
    {
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      "product_name": "Medicaments: containing corticosteroid hormones, their derivatives or structural analogues (but not containing antibiotics), for therapeutic or prophylactic uses, packaged for retail sale"
    },
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      "product_name": "Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale"
    },
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    },
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    },
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      "product_name": "Medicaments: containing alkaloids or their derivatives, containing pseudoephedrine (INN) or its salts, for therapeutic or prophylactic uses, packaged for retail sale"
    },
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    },
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    },
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    },
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    },
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    },
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    },
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    },
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    },
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      "product_name": "Pharmaceutical goods: waste pharmaceuticals"
    },
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    },
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    },
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      "hs_code": "300693",
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  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS2.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}