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Vitamins: top exporters and importers (2024)

In 2024, world trade in vitamins totaled $9.1 billion (788 thousand tonnes). The top exporters were China (40%), Switzerland (11%) and Germany (10%); the top importers were the United States (16%), the Netherlands (10%) and Germany (7%). Compared with 2019, the value rose 10%.

Summary

World trade
$9.1billion
Tonnes
788thousand tonnes
Price per tonne
$11,494
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$3.7 billion · 40.4%
  2. Switzerland$969 million · 10.6%
  3. Germany$935 million · 10.2%
  4. Netherlands$593 million · 6.5%
    re-exports
  5. United States$548 million · 6%
  6. France$428 million · 4.7%
  7. United Kingdom$340 million · 3.7%
  8. India$275 million · 3%
  9. Belgium$152 million · 1.7%
    re-exports
  10. Spain$140 million · 1.5%
  11. Italy$136 million · 1.5%
  12. Denmark$122 million · 1.3%
  13. South Korea$78 million · 0.85%
  14. Singapore$77 million · 0.84%
    re-exports
  15. Australia$68 million · 0.75%
  16. Japan$61 million · 0.67%
  17. Poland$49 million · 0.53%
  18. Ireland$32 million · 0.35%
  19. Argentina$30 million · 0.33%
  20. South Africa$29 million · 0.32%

Top importers

  1. United States$1.4 billion · 15.8%
  2. Netherlands$924 million · 10.1%
    re-exports
  3. Germany$601 million · 6.6%
  4. France$330 million · 3.6%
  5. Spain$289 million · 3.2%
  6. Brazil$288 million · 3.2%
  7. Japan$244 million · 2.7%
  8. Canada$244 million · 2.7%
  9. India$240 million · 2.6%
  10. South Korea$238 million · 2.6%
  11. China$228 million · 2.5%
  12. Singapore$227 million · 2.5%
    re-exports
  13. Belgium$213 million · 2.3%
    re-exports
  14. United Kingdom$182 million · 2%
  15. Poland$178 million · 2%
  16. Italy$161 million · 1.8%
  17. Mexico$158 million · 1.7%
  18. Indonesia$156 million · 1.7%
  19. Thailand$153 million · 1.7%
  20. Vietnam$152 million · 1.7%

Trend

Who sells it

China has been the top exporter since 2007

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

  • China 3.7
  • Switzerland 0.97
  • Germany 0.93
  • Netherlands 0.59
  • United States 0.55

Source: CEPII BACI

Show the numbers
Country19952024
China0.333.7
Switzerland1.20.97
Germany0.920.93
Netherlands0.370.59
United States0.250.55

Price

Implied price

The price per tonne fell 32% since 1995

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

  • 2024: $11,494

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$16,845
1996$13,354
1997$14,006
1998$14,377
1999$8,745
2000$10,183
2001$9,636
2002$10,042
2003$10,382
2004$10,136
2005$9,771
2006$8,508
2007$10,994
2008$15,523
2009$15,650
2010$14,579
2011$14,563
2012$13,777
2013$12,588
2014$12,593
2015$11,080
2016$13,018
2017$13,110
2018$16,594
2019$12,912
2020$12,951
2021$13,318
2022$13,404
2023$11,564
2024$11,494

What it includes

  • 2936 · Vitamins

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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