Channel: Trade

May 19, 2010
Trade in Pharmaceuticals
Tables & Graphs
The trade volume of pharmaceuticals between India and UK has seen a steady pattern ever since 2001. The total trade has gone up from 25.994 million GBP in 2001 to 191.567 million GBP in 2009. The best growth rate was observed in 2002 when there a 54.79 % increase over the previous year. Keeping in mind the growth prospects of India, it is inevitable that the bilateral trade between India and UK in pharmaceuticals would also keep on increasing.

Quick Facts

Trade Growth and Declines

  • UK’s Pharmaceutical imports from India stand at 153.73 million GBP at the end of 2009 and have grown with a CAGR of 0.34%.
  • UK’s imports from India have steadily grown over the years from 2001 to 2009 barring the year 2006 when it fell by 3.59%.
  • UK’s best growth in imports from India in percentage terms was seen in 2002 where an 83.22% increase over the previous year was observed but in absolute terms, the best growth was in 2007 with an increase of 37.99 million GBP from the previous year was observed.
  • UK’s Pharmaceutical exports to India stand at 37.83 million GBP at the end of 2009.
  • UK’s exports to India have steadily grown over the years from 2001 to 2009 with a CAGR of 0.164%.
  • UK’s best growth in exports to India in percentage terms and in absolute terms was observed in 2009 where there was a 37.25% increase over the previous year while there was an absolute increase of 10.27 million GBP.

Share of trade

  • India’s share inthe UK’s total exports of pharmaceuticals related products was 0.19% in 2009, a 0.03% increase over the previous year when it was 0.16%.
  • UK’s total export of pharmaceutical and related products to the world was 12.955 billion GBP in 2009.
  • India’s share inthe UK’s total imports of pharmaceuticals related products was 1.18% in 2009, a 0.11% increase over the previous year when it was 0.11%.
  • UK’s total export of pharmaceutical and related products to the world was 19.476 billion GBP in 2009.
  • India’s share in bilateral with UK has gone up from 56% to 80% which is an expected increase looking at the way the Indian economy has boomed in the last few years.

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