Pharmaceutical products in Portugal

EXPORTS (2018): $1.2B, World Rnk 32 / 203
Flag Rnk 17 / 96

TOP DESTINATION (2018): $186M, Germany

FASTEST GROWING MARKET (2017 - 2018): $18.9M, Germany

IMPORTS (2018): $3.15B, World Rnk 30 / 220
Flag Rnk 6 / 96

TOP ORIGIN (2018): $643M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $180M, Switzerland

ECONOMIC COMPLEXITY of Portugal (2018): 0.46, Rnk 48 / 137

PRODUCT COMPLEXITY  IN Pharmaceutical products (2018): 1.14, Rnk 15 / 96

Overview: This page contains the latest trade data of Pharmaceutical products in Portugal.

Exports: In 2018, Portugal exported $1.2B in Pharmaceutical products, making it the 32nd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 17th most exported product in Portugal. The main destination of Pharmaceutical products exports from Portugal are: Germany ($186M), United States ($150M), United Kingdom ($141M), Angola ($105M), and France ($65.8M).

The fastest growing export markets for Pharmaceutical products of Portugal between 2017 and 2018 were Germany ($18.9M), France ($15.9M), and Italy ($14.5M).

Imports: In 2018, Portugal imported $3.15B in Pharmaceutical products, becoming the 30th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 6th most imported product in Portugal. Portugal imports Pharmaceutical products primarily from: Germany ($643M), Spain ($383M), Switzerland ($341M), Belgium-Luxembourg ($337M), and Netherlands ($281M).

The fastest growing import markets in Pharmaceutical products for Portugal between 2017 and 2018 were Switzerland ($180M), Germany ($113M), and Belgium-Luxembourg ($98.1M).

Overview: In July 2020 Portugal's Pharmaceutical products exports accounted up to €1.05B and imports accounted up to €2.95B, resulting in a negative trade balance of €1.91B. Between July 2019 and July 2020 the exports of Portugal's   Pharmaceutical products have increased by €389M (59.2%) from €657M to €1.05B, while imports increased by €657M (28.6%) from €2.3B to €2.95B.

Destinations: In July 2020 Pharmaceutical products exported mostly to United States (€257M), Denmark (€46.9M), South Korea (€43.2M), Germany (€39.6M), and India (€36.6M), and imported mostly from Germany (€642M), United States (€530M), Italy (€212M), Ireland (€210M), and Switzerland (€208M).

Growth: In July 2020, the increase in Pharmaceutical products's year-by-year exports was explained primarily by an increase in exports to United States (€108M or 72.6%), Denmark (€32.9M or 235%), and Netherlands (€23.7M or 273%). In July 2020, the increase in Pharmaceutical products's year-by-year imports was explained primarily by an increase in imports from United States (€143M or 36.9%), Italy (€130M or 158%), and Switzerland (€106M or 103%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): €389M, (59.2%)

IMPORT GROWTH (July 2019 - July 2020): €657M, (28.6%)

MAIN DESTINATION (July 2020): United States, €257M

This section shows Pharmaceutical products's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Pharmaceutical products over time.

Value

EXPORTS (2018): $1.2B

IMPORTS (2018): $3.15B

NET TRADE (2018): -$1.96B

In 2018, Portugal exported $1.2B in Pharmaceutical products. The main destinations of Portugal exports on Pharmaceutical products were Germany ($186M), United States ($150M), United Kingdom ($141M), Angola ($105M), and France ($65.8M).

In 2018, Portugal imported $3.15B in Pharmaceutical products, mainly from Germany ($643M), Spain ($383M), Switzerland ($341M), Belgium-Luxembourg ($337M), and Netherlands ($281M).

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IN 2018, Portugal HAD A POSITIVE NET TRADE IN Pharmaceutical products WITH:

  • United States, $141M ($150M - $8.7M)
  • Angola, $105M ($105M - $1.25k)
  • Czechia, $21.8M ($28.2M - $6.41M)

IN 2018, Portugal HAD A NEGATIVE NET TRADE IN Pharmaceutical products WITH:

  • Germany, -$456M ($186M - $643M)
  • Spain, -$318M ($65.3M - $383M)
  • Switzerland, -$315M ($25.5M - $341M)
Flow

THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Portugal WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Portugal WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Portugal's main exporting competitors in Pharmaceutical products were:

In 2018, Portugal's main importing competitors in Pharmaceutical products were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Pharmaceutical products in Portugal. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the tariffs for Pharmaceutical products in the imports of Portugal were of 0% around the world.

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