Overview In January 2023 Belgium's Packaged Medicaments exports accounted up to €2.41B and imports accounted up to €1.74B, resulting in a positive trade balance of €669M. Between January 2022 and January 2023 the exports of Belgium's Packaged Medicaments have increased by €161M (7.17%) from €2.25B to €2.41B, while imports increased by €463M (36.3%) from €1.28B to €1.74B.
Destinations In January 2023, Packaged Medicaments were exported mostly to United States (€444M), China (€332M), Netherlands (€210M), Italy (€180M), and France (€167M), and were imported mostly from Italy (€569M), Germany (€380M), United States (€231M), Switzerland (€203M), and France (€120M).
Growth In January 2023, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to Vietnam (€314M or 7.84k%), Italy (€102M or 139%), and Turkey (€67.3M or 640%). In January 2023, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from United Kingdom (€143M or 2.41k%), Italy (€81.2M or 24.4%), and United States (€64.8M or 63.7%).