Packaged Medicaments in Brazil

2019
Exports | Imports
: $1.11B | $3.58B, World Rnk 27 / 205
Flag Rnk 32 / 1199 | World Rnk 20 / 224
Flag Rnk 7 / 1196

2019
Destination | Origin
: $130M | $673M, Denmark | United States

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $7.21M | $95.5M, Turkey |  Germany

2019
ECONOMIC COMPLEXITY of Brazil
: 0.64, Rnk 44 / 157

2019
PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.64, Rnk 320 / 1029

Exports: In 2019, Brazil exported $1.11B in Packaged Medicaments, making it the 27th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 32nd most exported product in Brazil. The main destination of Packaged Medicaments exports from Brazil are: Denmark ($130M), United States ($111M), Argentina ($89.9M), Mexico ($86.9M), and Turkey ($82.7M).

The fastest growing export markets for Packaged Medicaments of Brazil between 2018 and 2019 were Turkey ($7.21M), United States ($5.94M), and South Korea ($5.89M).

Imports: In 2019, Brazil imported $3.58B in Packaged Medicaments, becoming the 20th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Brazil. Brazil imports Packaged Medicaments primarily from: United States ($673M), Germany ($655M), Switzerland ($410M), India ($216M), and Belgium ($193M).

The fastest growing import markets in Packaged Medicaments for Brazil between 2018 and 2019 were Germany ($95.5M), United States ($76M), and Canada ($34.1M).

Tariffs: In 2017, the average tariff for Brazil in Packaged Medicaments was 8.71%. The countries with the highest import tariffs for Packaged Medicaments were Mexico (9.33%), Angola (9.09%), Burundi (9.09%), Benin (9.09%), and Burkina Faso (9.09%).

Overview: In February 2021 Brazil's Packaged Medicaments exports accounted up to $44.1M and imports accounted up to $259M, resulting in a negative trade balance of $215M. Between February 2020 and February 2021 the exports of Brazil's   Packaged Medicaments have decreased by $-12.6M (-22.3%) from $56.7M to $44.1M, while imports decreased by $-62.6M (-19.5%) from $322M to $259M.

Destinations: In February 2021 Packaged Medicaments exported mostly to United States ($4.93M), Argentina ($4.87M), Denmark ($4.13M), Mexico ($3.59M), and Colombia ($2.71M), and imported mostly from Germany ($39.9M), United States ($39.6M), Poland ($24.7M), France ($19.3M), and Italy ($18.6M).

Growth: In February 2021, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to Denmark ($-7M or -62.9%), Mexico ($-3.52M or -49.5%), and Chile ($-2.55M or -68.1%). In February 2021, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from Germany ($-41.9M or -51.2%), Italy ($-12.6M or -40.3%), and United Kingdom ($-12.2M or -81%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (February 2020 - February 2021): $-12.6M, (-22.3%)

IMPORT GROWTH (February 2020 - February 2021): $-62.6M, (-19.5%)

MAIN EXPORTER (February 2021): SΓ£o Paulo, $27.6M

MAIN DESTINATION (February 2021): United States, $4.93M

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.

Value

EXPORTS (2019): $1.11B

IMPORTS (2019): $3.58B

NET TRADE (2019): -$2.47B

In 2019, Brazil exported $1.11B in Packaged Medicaments. The main destinations of Brazil exports on Packaged Medicaments were Denmark ($130M), United States ($111M), Argentina ($89.9M), Mexico ($86.9M), and Turkey ($82.7M).

In 2019, Brazil imported $3.58B in Packaged Medicaments, mainly from United States ($673M), Germany ($655M), Switzerland ($410M), India ($216M), and Belgium ($193M).

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IN 2019, Brazil HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

IN 2019, Brazil HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Brazil WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Brazil WERE (2018 - 2019):

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Market Concentration

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Flow
Type

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

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

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Tariffs by Country

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In 2017, the average tariff for Brazil in Packaged Medicaments was 8.71%.

The countries with the highest tariffs for Packaged Medicaments in Brazil were Mexico (9.33%), Angola (9.09%), Burundi (9.09%), Benin (9.09%), and Burkina Faso (9.09%).

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