Insulin imports in the United States: data, top suppliers and prices
In 2024, the United States imported insulin worth $96.5 million (6 tonnes). That makes it the largest importer of this product worldwide, out of 108 countries. That is 9% more than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2020, at $135.5 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $96.5M | 6 t |
| 2023 | $88.2M | 7 t |
| 2022 | $133.6M | 12 t |
| 2021 | $130.5M | 8 t |
| 2020 | $135.5M | 7 t |
| 2019 | $126.5M | 8 t |
| 2018 | $100.6M | 6 t |
| 2017 | $102.2M | 7 t |
Where the United States imports insulin from
One supplier dominates: Denmark accounted for 77% of the value. Among the main suppliers, India grew fastest (+333% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Denmark | $73.9M | 77% |
| China | $7.4M | 7.7% |
| India | $6.7M | 7% |
| France | $3.0M | 3.2% |
| Germany | $2.0M | 2.1% |
| Malaysia | $1.3M | 1.3% |
| United Arab Emirates | $1.1M | 1.2% |
| Ireland | $759K | 0.8% |
| United Kingdom | $78K | 0.1% |
| Netherlands | $71K | 0.1% |
Average import price per kg
The average declared value was about $17,547.07 per kg, 153% above the world average of $6,928.83. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Insulin exports from the United States
Exports of insulin by the United States reached $74.0 million in 2024 (5 tonnes). That makes it the 2nd largest exporter of this product worldwide, out of 53 countries. The largest buyer markets were Italy (48%), France (23%), Egypt (9%). Among the main buyer markets, India grew fastest (+33% on the year before).
| Destination | Value | Share |
|---|---|---|
| Italy | $35.5M | 48% |
| France | $17.3M | 23% |
| Egypt | $6.6M | 8.9% |
| India | $5.8M | 7.8% |
| China | $1.8M | 2.4% |
| Denmark | $1.3M | 1.7% |
| Japan | $1.2M | 1.7% |
| Germany | $770K | 1% |
| Ukraine | $766K | 1% |
| Netherlands | $662K | 0.9% |
Who is behind these numbers in the United States?
The shipment records behind United States insulin imports (HS 2937.12): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2937.12: Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts.
Common questions
What is the value of insulin imported by the United States?
The United States imported insulin worth $96.5 million in 2024, the latest year with complete public data, about 6 tonnes. That ranks it 1st of 108 countries worldwide, with 18% of world imports. The value was up 9% on 2023.
Which countries supply insulin to the United States?
Denmark was the largest supplier with 77% of the value ($73.9 million), followed by China (8%) and India (7%). The top three together account for 91%, out of 19 supplier countries in total. India grew fastest among the top ten, up 333% on the year.
What is the average import price of insulin per kg?
The average declared import value was about $17,547.07 per kg in 2024, 153% above the world average of $6,928.83 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of insulin to the United States changed since 2017?
Imports went from $102.2 million in 2017 to $96.5 million in 2024, a fall of 6%. The peak was 2020 at $135.5 million. Over 8 years the average was $114.2 million a year.
Does the United States also export insulin?
Yes. The United States exported $74.0 million worth of this product in 2024, mainly to Italy, France and Egypt. On balance the United States is a net importer of this product, by about $22.5 million a year.
What is the HS code for insulin?
The HS code for insulin is subheading 2937.12. It sits in HS chapter 29 (organic chemicals). The full list of codes and descriptions is on the HS 2937 page.
How can I find the companies behind this trade?
Shipment-level records for the United States reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.