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Vaccines and blood products: top exporters and importers (2024)

In 2024, world trade in vaccines and blood products totaled $360.3 billion (462 thousand tonnes). The top exporters were Ireland (18%), the United States (15%) and Germany (12%); the top importers were the United States (29%), Germany (10%) and China (5%). Compared with 2019, the value rose 87%.

Summary

World trade
$360.3billion
Tonnes
462thousand tonnes
Price per tonne
$778,602
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Ireland$63.4 billion · 17.6%
    see destinations
  2. United States$53.1 billion · 14.7%
    see destinations
  3. Germany$44.3 billion · 12.3%
    see destinations
  4. Switzerland$43.4 billion · 12%
    see destinations
  5. Belgium$28.4 billion · 7.9%
    re-exports · see destinations
  6. Netherlands$19.6 billion · 5.5%
    re-exports · see destinations
  7. Singapore$16 billion · 4.5%
    re-exports · see destinations
  8. Italy$11.9 billion · 3.3%
    see destinations
  9. South Korea$11.2 billion · 3.1%
    see destinations
  10. France$10.9 billion · 3%
    see destinations
  11. Austria$8.9 billion · 2.5%
    see destinations
  12. Japan$8.9 billion · 2.5%
    see destinations
  13. United Kingdom$7.3 billion · 2%
    see destinations
  14. Sweden$5.5 billion · 1.5%
    see destinations
  15. Spain$5 billion · 1.4%
    see destinations
  16. Denmark$3.9 billion · 1.1%
    see destinations
  17. Hungary$2.5 billion · 0.7%
    see destinations
  18. India$2 billion · 0.57%
    see destinations
  19. Poland$1.8 billion · 0.5%
    see destinations
  20. Australia$1.7 billion · 0.48%
    see destinations

Top importers

  1. United States$104.8 billion · 29.1%
    see sources
  2. Germany$37.5 billion · 10.4%
    see sources
  3. China$19.7 billion · 5.5%
    see sources
  4. Switzerland$19.5 billion · 5.4%
    see sources
  5. Belgium$17 billion · 4.7%
    re-exports · see sources
  6. Japan$13.4 billion · 3.7%
    see sources
  7. France$12.6 billion · 3.5%
    see sources
  8. Italy$12.5 billion · 3.5%
    see sources
  9. Netherlands$10.4 billion · 2.9%
    re-exports · see sources
  10. United Kingdom$9.8 billion · 2.7%
    see sources
  11. Ireland$7.1 billion · 2%
    see sources
  12. Canada$6.7 billion · 1.9%
    see sources
  13. Austria$6.4 billion · 1.8%
    see sources
  14. Spain$6.4 billion · 1.8%
    see sources
  15. Brazil$6 billion · 1.7%
    see sources
  16. Poland$4.7 billion · 1.3%
    see sources
  17. Australia$4.5 billion · 1.2%
    see sources
  18. Hungary$4.2 billion · 1.2%
    see sources
  19. South Korea$3.7 billion · 1%
    see sources
  20. Singapore$3.3 billion · 0.9%
    re-exports · see sources

Trend

Who sells it

Ireland has been the top exporter since 2024

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

  • Ireland 63.4
  • United States 53.1
  • Germany 44.3
  • Switzerland 43.4
  • Belgium 28.4

Source: CEPII BACI

Show the numbers
Country19952024
Ireland0.1763.4
United States2.353.1
Germany0.844.3
Switzerland0.5643.4
Belgium0.8228.4

Price

Implied price

The price per tonne rose 628% since 1995

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

  • 2024: $778,602

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$106,904
1996$82,447
1997$108,316
1998$97,949
1999$70,186
2000$112,033
2001$130,101
2002$150,031
2003$188,307
2004$242,231
2005$232,916
2006$220,217
2007$280,735
2008$313,204
2009$288,685
2010$304,174
2011$382,523
2012$391,137
2013$389,610
2014$346,296
2015$414,750
2016$421,648
2017$459,611
2018$502,713
2019$495,116
2020$554,953
2021$604,371
2022$622,169
2023$742,827
2024$778,602

What it includes

Vaccines, blood, sera, antibodies and other immunological products.

  • 3002 · Vaccines, blood and antisera

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.

See all products