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2022
Exports $974MWorld Rnk 32 / 217
Flag Rnk 39 / 1206
2022
Destination $21.7M United States
2021 - 2022
FASTEST GROWING MARKET $21.7MEgypt
2022
PRODUCT COMPLEXITY IN Packaged Medicaments0.67Rnk 291 / 1025
2022
Imports $3.83BWorld Rnk 21 / 224
Flag Rnk 15 / 1198
2022
Origin $172MN/A
2021 - 2022
FASTEST GROWING ORIGIN $172MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $974M in Packaged Medicaments, making it the 32nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 39th most exported product in Brazil. The main destination of Packaged Medicaments exports from Brazil are: United States ($120M), Mexico ($81.3M), Argentina ($73.5M), Colombia ($57M), and Denmark ($53.5M).

The fastest growing export markets for Packaged Medicaments of Brazil between 2021 and 2022 were Egypt ($21.7M), Denmark ($18.5M), and United States ($16.1M).

Imports In 2022, Brazil imported $3.83B in Packaged Medicaments, becoming the 21st largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 15th most imported product in Brazil. Brazil imports Packaged Medicaments primarily from: N/A.

The fastest growing import markets in Packaged Medicaments for Brazil between 2021 and 2022 were United States ($172M), Denmark ($132M), and Switzerland ($51.1M).

COMPANIES In 2023, leading companies such as CNH Industrial (1) were at the forefront of shipping Packaged Medicaments from Brazil to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Packaged Medicaments exports accounted up to $77.8M and imports accounted up to $458M, resulting in a negative trade balance of $380M. Between September 2023 and September 2024 the exports of Brazil's   Packaged Medicaments have increased by $21.2M (37.5%) from $56.6M to $77.8M, while imports increased by $97.6M (27.1%) from $360M to $458M.

Destinations In September 2024, Packaged Medicaments were exported mostly to France ($8.9M), Denmark ($7.62M), Colombia ($5.81M), Puerto Rico ($5.8M), and United States ($5.18M), and were imported mostly from Germany ($106M), United States ($71.6M), India ($34.5M), Italy ($33.5M), and Poland ($20.4M).

Growth In September 2024, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to United States ($5.44M or 109%), India ($2.32M or 257%), and Puerto Rico ($1.69M or 97.1%). In September 2024, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Italy ($34.1M or 176%), United Kingdom ($15.1M or 165%), and Germany ($10.8M or 29%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$21.2M(37.5%)
IMPORT GROWTH (September 2023 - September 2024)$97.6M(27.1%)
MAIN EXPORTER (September 2024)São Paulo$48.7M
MAIN DESTINATION (September 2024)France$8.9M

This section shows Packaged Medicaments's exports and imports data at subnational level for Brazil. 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 Packaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$974M
IMPORTS (2022)$3.83B
NET TRADE (2022)-$2.86B

In 2022, Brazil exported $974M in Packaged Medicaments. The main destinations of Brazil exports on Packaged Medicaments were United States ($120M), Mexico ($81.3M), Argentina ($73.5M), Colombia ($57M), and Denmark ($53.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Egypt$21.7M (236%)
Denmark$18.5M (52.8%)
United States$16.1M (15.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Brazil WERE (2021 - 2022):
Czechia-$18.4M (-75.5%)
China-$9.59M (-53.1%)
Philippines-$6.82M (-74.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Packaged Medicaments were:
Germany $74.8B
Switzerland $45.4B
United States $38.2B
In 2022, Brazil's main importing competitors in Packaged Medicaments were:
United States $91.3B
Switzerland $32.9B
Germany $32B

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $155M
TOP IMPORT POTENTIALGermany+ $226M

Packaged Medicaments’s highest export potential is United States. With an export gap of $155M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $226M.

See methodology.

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