Iceland: pharmaceutical import export value by product 2023

In 2023, Iceland exported medicament mixtures put in dosage worth some 16.5 million U.S. dollars, while importing some 215 million dollars worth of such products. Thus, Iceland reported a negative trade balance of nearly 200 million dollars for this product category.

Iceland's pharmaceutical exports and imports in 2023, by product (in 1,000 U.S. dollars)

Characteristic	Exports	Imports
Human and animal blood	30,776	12,185
Medicament mixtures, put in dosage	16,467	215,175
Dressings packaged for medical use	7,962	4,092
Pharmaceutical goods	1,593	5,040
Medicament mixtures, not in dosage	44	1,958
Glands and extracts	0	457

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Release date

April 2024

More information

Region

Iceland

Survey time period

2023

Supplementary notes

Product code 30 'Pharmaceutical products', including these categories:
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses "incl. those in the form of transdermal administration" or in forms or packings for retail sale (excluding goods of heading 3002, 3005 or 3006).
Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera and other blood fractions and immunological products, whether or not modified or obtained by means of biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) and similar products.
Wadding, gauze, bandages and the like, e.g. dressings, adhesive plasters, poultices, impregnated or covered with pharmaceutical substances or put up for retail sale for medical, surgical, dental or veterinary purposes
Pharmaceutical preparations and products of subheadings 3006.10.10 to 3006.60.90.
Medicaments consisting of two or more constituents mixed together for therapeutic or prophylactic uses, not in measured doses or put up for retail sale (excluding goods of heading 3002, 3005 or 3006).
Dried glands and other organs for organo-therapeutic uses, whether or not powdered; extracts of glands or other organs or their secretions, for organo-therapeutic uses; heparin and its salts; other human or animal substances prepared for therapeutic or prophylactic uses, n.e.s.

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