Pharmaceutical products | Imports and Exports | 2023

In 2023, the world exports of "Pharmaceutical products" exceeded $805 billion (according to external trade statistics of 131 countries). It was $813 billion in the previous year (according to merchandise trade statistics of 137 countries).

There are no trade data (2023) for such exporters as Korea (0.815% of the world exports in 2022), Vietnam (0.032%), Cambodia (0.002%), State of Palestine (0.001%), Nepal (0.001%)

Top exporters of Pharmaceutical products in 2023

The world's largest exporters of this commodity group in 2023:

• Germany - 15% of the world exports ($120 billion)
• Switzerland - 12.2% ($99 billion)
• USA - 11.2% ($90 billion)
• Ireland - 8.88% ($71 billion)
• Belgium - 7.5% ($60 billion)

«Pharmaceutical products» accounted for a substantial share of total exports of

• Slovenia - 33% of Slovenia's total exports in 2023 ($20 billion of $59 billion)
• Ireland - 33% ($71 billion of $212 billion)
• Switzerland - 23% ($99 billion of $419 billion)
• Denmark - 15.4% ($21 billion of $136 billion)
• Belgium - 15.3% ($60 billion of $393 billion)
• Malta - 11.6% ($405 million of $3.46 billion)

According to statistics provided by the major exporters, the largest flows of exports of «Pharmaceutical products» in 2023:

• Exports from Belgium to USA: (1.77% of the world exports, $14.2 billion according to external trade statistics of Belgium)
• Exports from Denmark to Special Categories: (2.12% of the world exports, $17 billion according to external trade statistics of Denmark)
• Exports from Germany to Netherlands: (1.31% of the world exports, $10.5 billion according to external trade statistics of Germany)
• Exports from Germany to USA: (3.41% of the world exports, $27 billion according to external trade statistics of Germany)
• Exports from Ireland to Belgium: (1.64% of the world exports, $13.2 billion according to external trade statistics of Ireland)
• Exports from Ireland to USA: (2.5% of the world exports, $20 billion according to external trade statistics of Ireland)
• Exports from Slovenia to Switzerland: (1.89% of the world exports, $15.2 billion according to external trade statistics of Slovenia)
• Exports from Switzerland to Germany: (1.3% of the world exports, $10.4 billion according to external trade statistics of Switzerland)
• Exports from Switzerland to USA: (3.81% of the world exports, $30 billion according to external trade statistics of Switzerland)
• Exports from USA to China: (1.22% of the world exports, $9.89 billion according to external trade statistics of USA)

In 2023, the world imports of "Pharmaceutical products" exceeded $828 billion (according to external trade statistics of 135 countries). It was $816 billion in the previous year (according to merchandise trade statistics of 140 countries).

There are no trade data (2023) for such importers as Korea (1.34% of the world imports in 2022), Vietnam (0.463%), Angola (0.083%), Nepal (0.053%), Cambodia (0.045%), State of Palestine (0.031%), Albania (0.03%), Mongolia (0.021%), Trinidad and Tobago (0.021%), Rwanda (0.012%), Burundi (0.007%), Lesotho (0.004%), Bermuda (0.003%), Timor-Leste (0.001%)

Top importers of Pharmaceutical products in 2023

The world's largest importers of this commodity group in 2023:

• USA - 21% of the world imports ($177 billion)
• Germany - 9.02% ($74 billion)
• Switzerland - 7.05% ($58 billion)
• Belgium - 6.48% ($53 billion)
• China - 5.2% ($43 billion)
• France - 4.36% ($36 billion)

«Pharmaceutical products» accounted for a substantial share of total imports of

• Switzerland - 16% of Switzerland's total imports in 2023 ($58 billion of $365 billion)
• Slovenia - 14.1% ($8.72 billion of $61 billion)
• Belgium - 12.9% ($53 billion of $415 billion)
• Ireland - 8.92% ($13.4 billion of $150 billion)

According to statistics provided by the major importers, the largest flows of imports of «Pharmaceutical products» in 2023:

• Imports to Belgium from Ireland (1.47% of the world imports, $12.2 billion according to external trade statistics of Belgium)
• Imports to Belgium from USA (1.41% of the world imports, $11.6 billion according to external trade statistics of Belgium)
• Imports to Germany from USA (1.48% of the world imports, $12.2 billion according to external trade statistics of Germany)
• Imports to Switzerland from Germany (1.25% of the world imports, $10.3 billion according to external trade statistics of Switzerland)
• Imports to Switzerland from Slovenia (1.52% of the world imports, $12.5 billion according to external trade statistics of Switzerland)
• Imports to USA from Germany (2.3% of the world imports, $19.1 billion according to external trade statistics of USA)
• Imports to USA from India (1.32% of the world imports, $10.9 billion according to external trade statistics of USA)
• Imports to USA from Ireland (4.34% of the world imports, $36 billion according to external trade statistics of USA)
• Imports to USA from Netherlands (1.28% of the world imports, $10.6 billion according to external trade statistics of USA)
• Imports to USA from Switzerland (1.82% of the world imports, $15 billion according to external trade statistics of USA)