Table 6 Trade
USA | China | India | Differences | Sources | |
|---|---|---|---|---|---|
Imports: Share of global imports of pharmaceuticals, in value, 2018 Annual growth of imports, 2014-17 | 7% 11% | 4.9 13% | 0.3% 6% | In 2018 the US was the major, China the 6th and India the 42nd largest importer of pharmaceuticals. The import-growth was higher to China than to the US and India (2014-17). | [106] [122] [123] |
Exports: Share of global exports of pharmaceuticals in value, 2018 Ranking of global exporters of pharmaceuticals, in value, 2017 | 8.3%. 1% 4th | 1.5% 16th | 2, 4% 10th | The US was the 4th, China 14th and India 11th major exporter of pharmaceuticals in terms of value in 2018. | |
Trading partners, 2018 | Of top 10 exporting partners, 9 were HICs | Of top 10 exporting partners, 9 were HICs | Of top 10 exporting partners, 5 were HICs and 5 MICs | The US and China mainly traded with HICs whereas India included more MICs. |