With a significant rise in the aging demographics, the uses of medications in healthcare sectors have increased by a huge rate in the previous year making it a globally sought commodity. The other factors behind the higher demands and trade rates of APIs across the globe are Cost Efficiency, Supply Chain Vulnerability, Regulatory Pressure, Biologics, and Advanced Therapeutics rise.

Different pharmaceutical industries have been continuously focusing on the efficient production of Active Pharmaceutical Ingredients for boosting its trade as per the acquired necessities. The increasing domestic demands of the population regarding medicine and healthcare products have led to a total global import value of 216 billion US dollars in 2023.

Top 10 Globally Imported Active Pharmaceutical Ingredients

Due to the rapid rise in demand for medicines and other healthcare necessities, the import of such products has recorded a significant hike in the past few consecutive years. According to the Global Active Pharmaceutical Ingredient Import Data, the top global API imports in 2023 with its market values are discussed below,

1. Paracetamol:

• Therapeutic Use: Use for pain relief and treating fever.
• Market value: 45 billion US dollars

2. Ibuprofen:

• Therapeutic Use: Use for treating certain inflammation and fever.
• Market value: 37 billion US dollars

3. Amoxicillin:

• Therapeutic Use: Amoxicillin is efficient for bacterial infections.
• Market value: 30 billion US dollars

4. Atorvastatin:

• Therapeutic Use: Lowers cholesterol level; and reduces risk of heart disease.
• Market value: 25 billion US dollars

5. Metformin:

• Therapeutic Use: Efficient for treatment of Type 2 diabetes.
• Market value: 20 billion US dollars

6. Omeprazole:

• Therapeutic Use: Efficient for stomach ulcer treatment and acidity.
• Market value: 17 billion US dollars

7. Amlodipine:

• Therapeutic Use: Used to treat high blood pressure and chest pain.
• Market value: 15 billion US dollars

8. Losartan:

• Therapeutic Use: Facilitate treatment for high blood pressure and preserve kidneys in diabetic patients.
• Market value: 12 billion US dollars

9. Ceftriaxone:

• Therapeutic Use: Used for the treatment of serious bacterial infections.
• Market value: 10 billion US dollars

10. Insulin:

• Therapeutic Use: Insulin is found to be an efficient medicine for treating patients with Type 1 diabetes.
• Market value: 9 billion US dollars

Top 10 Importers of Active Pharmaceutical Ingredients in 2023

According to the Active Pharmaceutical Ingredient Trade Data, the top 10 importers of this globally sought commodity in 2023 with its trade values are discussed below,

• United States – As per the USA Import Data, the import value of API in 2023 is 60 billion US dollars.

API Import Variations

1. Paracetamol
2. Ibuprofen
3. Amoxicillin
4. Atorvastatin
5. Insulin

• China – As per the China Import Data, the import value of API in 2023 is 45 billion US dollars.

API Import Variations

1. Paclitaxel
2. Penicillin G
3. Cardiovascular Drugs
4. Metformin
5. Respiratory Medications

• Japan – As per the Japan Import Data, the import value of API in 2023 is 35 billion US dollars.

API Import Variations

1. Atorvastatin
2. Losartan
3. ImatiniB
4. Metformin
5. Rosuvastatin

• Germany – As per the Germany Import Data, the import value of API in 2023 is 25 billion US dollars.

API Import Variations

1. Atorvastatin
2. ImatiniB
3. Metformin
4. Adalimumab
5. Icosapent Ethyl

• France – As per the France Import Data, the import value of API in 2023 is 20 billion US dollars.

API Import Variations

1. Penicillin derivative
2. Insulin
3. Heparin
4. Ibuprofen
5. Atorvastatin

• Belgium – As per the Belgium Import Data, the import value of API in 2023 is 17 billion US dollars.

API Import Variations

1. Tacrolimus
2. Insulin
3. Tenofovir
4. Statins
5. ImatiniB

• United Kingdom – As per the United Kingdom Import Data, the import value of API in 2023 is 15 billion US dollars.

API Import Variations

1. Palbociclib
2. Atorvastatin
3. Amoxicillin
4. Metformin
5. latanoprost

• Italy – As per the Italy Import Data, the import value of API in 2023 is 12 billion US dollars.

API Import Variations

1. Atorvastatin
2. Metformin
3. Insulin
4. Amoxicillin
5. Imatinib

• Russia – As per the Russia Import Data, the import value of API in 2023 is 10 billion US dollars.

API Import Variations

1. Insulin and other hormones
2. Antibiotics
3. Cancer treatment drugs
4. Antivirals
5. Central nervous system drugs

• Brazil – As per the Brazil Import Data, the import value of API in 2023 is 9 billion US dollars.

API Import Variations

1. Ritonavir
2. Atorvastatin
3. Losartan
4. Insulin
5. Ceftriaxone

Import Trade Growth Statistics of Api for the Last 10 Years

• Global import trade value of API in 2013 – 80 billion US dollars

• Global import trade value of API in 2014 – 85 billion US dollars

• Global import trade value of API in 2015 – 78 billion US dollars

• Global import trade value of API in 2016 – 72 billion US dollars

• Global import trade value of API in 2017 – 89 billion US dollars

• Global import trade value of API in 2018 – 100 billion US dollars

• Global import trade value of API in 2019 – 120 billion US dollars

• Global import trade value of API in 2020 – 148 billion US dollars

• Global import trade value of API in 2021 – 170 billion US dollars

• Global import trade value of API in 2022 – 192 billion US dollars

FAQ’s

Que. What is the global import trade value of API in 2023?
Ans. The global import trade value of API in 2023 is 216 billion US dollars.

Que. What is the top imported API in 2023?
Ans. Paracetamol is the top imported API in 2023.

Que. Where can you get the detailed trade analysis of the API import trade?
Ans. At Import Globals, you can get a detailed trade analysis of the API import trade in 2023.

www.importglobals.com ; info@importglobals.com