Exports In 2022, Germany exported $125B in Pharmaceutical products, making it the 1st largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 4th most exported product in Germany. The main destination of Pharmaceutical products exports from Germany are: United States ($25.6B), Italy ($11.1B), Switzerland ($10B), Netherlands ($9.21B), and France ($5.98B).
The fastest growing export markets for Pharmaceutical products of Germany between 2021 and 2022 were United States ($4.98B), Italy ($4.07B), and Netherlands ($3.36B).
Imports In 2022, Germany imported $71.1B in Pharmaceutical products, becoming the 2nd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 5th most imported product in Germany. Germany imports Pharmaceutical products primarily from: Ireland ($10.4B), Belgium ($10.2B), Switzerland ($9.92B), United States ($7.96B), and Netherlands ($6.41B).
The fastest growing import markets in Pharmaceutical products for Germany between 2021 and 2022 were Ireland ($1.85B), United Kingdom ($1.46B), and United States ($501M).
COMPANIES In 2023, leading companies such as Baxter Healthcare (9), Electrolux (3), and Amazon (1) were at the forefront of shipping Pharmaceutical products from Germany to the United States.