Insulin medicines (packaged) imports in the United States: data, top suppliers and prices
Imports of insulin medicines (packaged) by the United States reached $960.0 million in 2024 (2.1 thousand tonnes). It ranks 1st of 207 countries for imports of this product. Value fell 20% from 2023. Over 2017-2024 it shrank by about 13% a year on average. The peak in this period was 2017, at $2.64 billion.
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 | $960.0M | 2.1K t |
| 2023 | $1.19B | 5.2K t |
| 2022 | $1.17B | 5.1K t |
| 2021 | $1.63B | 4.6K t |
| 2020 | $1.70B | 1.5K t |
| 2019 | $1.59B | 1.0K t |
| 2018 | $2.14B | 1.8K t |
| 2017 | $2.64B | 1.5K t |
Where the United States imports insulin medicines (packaged) from
Germany alone supplied 59% of it. Among the main suppliers, Canada grew fastest (+292% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Germany | $561.8M | 59% |
| France | $95.4M | 9.9% |
| Malaysia | $90.9M | 9.5% |
| Canada | $59.8M | 6.2% |
| Italy | $56.5M | 5.9% |
| Singapore | $42.1M | 4.4% |
| Denmark | $25.4M | 2.6% |
| Israel | $10.8M | 1.1% |
| Ireland | $8.7M | 0.9% |
| India | $8.1M | 0.9% |
Average import price per kg
The average declared value was about $460.07 per kg, 86% above the world average of $247.95. 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 medicines (packaged) exports from the United States
In 2024, the United States exported insulin medicines (packaged) worth $556.0 million (2.0 thousand tonnes). That makes it the 4th largest exporter of this product worldwide, out of 88 countries. Most of it went to Mexico (49%), Canada (32%), Denmark (5%). Among the main buyer markets, Mexico grew fastest (+89% on the year before).
| Destination | Value | Share |
|---|---|---|
| Mexico | $274.6M | 49% |
| Canada | $179.4M | 32% |
| Denmark | $25.3M | 4.6% |
| France | $16.1M | 2.9% |
| Egypt | $9.0M | 1.6% |
| Ukraine | $8.4M | 1.5% |
| Japan | $4.3M | 0.8% |
| Saudi Arabia | $4.1M | 0.7% |
| Brazil | $3.0M | 0.5% |
| South Korea | $2.5M | 0.5% |
Who is behind these numbers in the United States?
The shipment records behind United States insulin medicines (packaged) imports (HS 3004.31): companies, dates, quantities and declared values.
Shipment records are in the platform
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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 3004.31: Medicaments: containing insulin, for therapeutic or prophylactic uses, packaged for retail sale.
Common questions
What is the value of insulin medicines (packaged) imported by the United States?
The United States imported insulin medicines (packaged) worth $960.0 million in 2024, the latest year with complete public data, about 2.1 thousand tonnes. That ranks it 1st of 207 countries worldwide, with 12% of world imports. The value was down 20% on 2023.
Which countries supply insulin medicines (packaged) to the United States?
Germany was the largest supplier with 59% of the value ($561.8 million), followed by France (10%) and Malaysia (9%). The top three together account for 78%, out of 18 supplier countries in total. Canada grew fastest among the top ten, up 292% on the year.
What is the average import price of insulin medicines (packaged) per kg?
The average declared import value was about $460.07 per kg in 2024, 86% above the world average of $247.95 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of insulin medicines (packaged) to the United States changed since 2017?
Imports went from $2.64 billion in 2017 to $960.0 million in 2024, a fall of 64%. The peak was 2017 at $2.64 billion. Over 8 years the average was $1.63 billion a year.
Does the United States also export insulin medicines (packaged)?
Yes. The United States exported $556.0 million worth of this product in 2024, mainly to Mexico, Canada and Denmark. On balance the United States is a net importer of this product, by about $404.0 million a year.
What is the HS code for insulin medicines (packaged)?
The HS code for insulin medicines (packaged) is subheading 3004.31. It sits in HS chapter 30 (pharmaceutical products). The full list of codes and descriptions is on the HS 3004 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United States. Tell us your product to see it live.
Same product, other countries
World insulin medicines (packaged) trade: top importers and exporters
More trade data for the United States
- Hormone medicines (packaged)
- Antibiotic medicines (packaged)
- Corticosteroid medicines (packaged)
- Alkaloid medicines (packaged)
- Penicillin and streptomycin medicines (packaged)
- Vitamin medicines (packaged)
- Pseudoephedrine medicines (packaged)
- Ephedrine medicines (packaged)
- All United States trade data
- HS 3004 codes
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