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Hormones: top exporters and importers (2024)

In 2024, world trade in hormones totaled $38 billion (5 thousand tonnes). The top exporters were Ireland (49%), the United States (25%) and Denmark (4%); the top importers were the United States (45%), Italy (26%) and Germany (7%). Compared with 2019, the value rose 108%.

Summary

World trade
$38billion
Tonnes
5thousand tonnes
Price per tonne
$7,145,929
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Ireland$18.4 billion · 48.5%
  2. United States$9.3 billion · 24.6%
  3. Denmark$1.4 billion · 3.8%
  4. China$1.3 billion · 3.5%
  5. Switzerland$1 billion · 2.7%
  6. Belgium$888 million · 2.3%
    re-exports
  7. Argentina$812 million · 2.1%
  8. Germany$806 million · 2.1%
  9. Italy$617 million · 1.6%
  10. Canada$409 million · 1.1%
  11. Austria$377 million · 0.99%
  12. India$369 million · 0.97%
  13. France$321 million · 0.85%
  14. Sweden$304 million · 0.8%
  15. United Kingdom$237 million · 0.62%
  16. Netherlands$229 million · 0.6%
    re-exports
  17. Singapore$173 million · 0.45%
    re-exports
  18. Spain$162 million · 0.43%
  19. Portugal$131 million · 0.35%
  20. Mexico$92 million · 0.24%

Top importers

  1. United States$17.2 billion · 45.3%
  2. Italy$9.8 billion · 25.9%
  3. Germany$2.7 billion · 7%
  4. China$1.4 billion · 3.6%
  5. France$1.2 billion · 3.3%
  6. Denmark$736 million · 1.9%
  7. Austria$716 million · 1.9%
  8. Belgium$455 million · 1.2%
    re-exports
  9. Canada$410 million · 1.1%
  10. India$400 million · 1.1%
  11. Spain$358 million · 0.94%
  12. Australia$313 million · 0.83%
  13. Brazil$228 million · 0.6%
  14. Japan$193 million · 0.51%
  15. Switzerland$166 million · 0.44%
  16. United Kingdom$155 million · 0.41%
  17. Russia$130 million · 0.34%
  18. Mexico$107 million · 0.28%
  19. Netherlands$95 million · 0.25%
    re-exports
  20. Ireland$87 million · 0.23%

Trend

Who sells it

Ireland has been the top exporter since 2020

Value in USD billions. The five largest exporters in 2024.

  • Ireland 18.4
  • United States 9.3
  • Denmark 1.4
  • China 1.3
  • Switzerland 1

Source: CEPII BACI

Show the numbers
Country19952024
Ireland0.0218.4
United States0.459.3
Denmark0.131.4
China0.061.3
Switzerland0.211

Price

Implied price

The price per tonne rose 1,790% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $7,145,929

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$378,076
1996$846,674
1997$579,835
1998$680,026
1999$657,233
2000$1,002,908
2001$771,899
2002$960,958
2003$810,413
2004$2,017,494
2005$1,632,048
2006$1,881,109
2007$1,939,321
2008$2,022,680
2009$1,919,947
2010$1,400,592
2011$2,183,172
2012$1,192,857
2013$2,591,737
2014$2,222,181
2015$2,154,183
2016$1,966,469
2017$3,190,599
2018$2,681,151
2019$2,031,249
2020$1,847,265
2021$2,896,603
2022$2,549,803
2023$4,345,537
2024$7,145,929

What it includes

  • 2937 · Hormones

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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