Packaged Medicaments in Germany

EXPORTS (2018): $55.9B, World Rnk 1 / 190
Flag Rnk 3 / 1217

TOP DESTINATION (2018): $11.2B, United States

FASTEST GROWING MARKET (2017 - 2018): $1.67B, United States

IMPORTS (2018): $27.6B, World Rnk 2 / 217
Flag Rnk 4 / 1215

TOP ORIGIN (2018): $4.36B, Switzerland

FASTEST GROWING ORIGIN (2017 - 2018): $944M, Belgium-Luxembourg

ECONOMIC COMPLEXITY of Germany (2018): 1.9, Rnk 4 / 137

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Overview: This page contains the latest trade data of Packaged Medicaments in Germany.

Exports: In 2018, Germany exported $55.9B in Packaged Medicaments, making it the 1st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most exported product in Germany. The main destination of Packaged Medicaments exports from Germany are: United States ($11.2B), Switzerland ($5.86B), Netherlands ($4.11B), France ($2.84B), and United Kingdom ($2.71B).

The fastest growing export markets for Packaged Medicaments of Germany between 2017 and 2018 were United States ($1.67B), Netherlands ($1B), and Australia ($645M).

Imports: In 2018, Germany imported $27.6B in Packaged Medicaments, becoming the 2nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Germany. Germany imports Packaged Medicaments primarily from: Switzerland ($4.36B), Netherlands ($3.11B), Ireland ($2.88B), United Kingdom ($2.45B), and Belgium-Luxembourg ($2.26B).

The fastest growing import markets in Packaged Medicaments for Germany between 2017 and 2018 were Belgium-Luxembourg ($944M), Ireland ($815M), and Netherlands ($586M).

Value

EXPORTS (2018): $55.9B

IMPORTS (2018): $27.6B

NET TRADE (2018): $28.3B

In 2018, Germany exported $55.9B in Packaged Medicaments. The main destinations of Germany exports on Packaged Medicaments were United States ($11.2B), Switzerland ($5.86B), Netherlands ($4.11B), France ($2.84B), and United Kingdom ($2.71B).

In 2018, Germany imported $27.6B in Packaged Medicaments, mainly from Switzerland ($4.36B), Netherlands ($3.11B), Ireland ($2.88B), United Kingdom ($2.45B), and Belgium-Luxembourg ($2.26B).

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IN 2018, Germany HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • United States, $9.67B ($11.2B - $1.53B)
  • China, $2.12B ($2.17B - $49.7M)
  • Russia, $1.77B ($1.8B - $23M)

IN 2018, Germany HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Ireland, -$2.2B ($675M - $2.88B)
  • Singapore, -$797M ($122M - $920M)
  • Belgium-Luxembourg, -$639M ($1.62B - $2.26B)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Germany WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Germany WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Germany's main exporting competitors in Packaged Medicaments were:

In 2018, Germany's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments in Germany. 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 Packaged Medicaments in the imports of Germany were of 0% around the world.

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