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2023
Exports $1.24BWorld Rnk 30 / 214
Flag Rnk 32 / 1207
2023
Destination $19.7M United States
2022 - 2023
FASTEST GROWING MARKET $19.7MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Packaged Medicaments0.63Rnk 313 / 1025
2023
Imports $4.77BWorld Rnk 20 / 226
Flag Rnk 11 / 1200
2023
Origin $137M United States
2022 - 2023
FASTEST GROWING ORIGIN $137MGermany
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $1.24B in Packaged Medicaments, making it the 30th 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: United States ($102M), Mexico ($63.3M), Colombia ($62M), Denmark ($60M), and Argentina ($59.6M).

The fastest growing export markets for Packaged Medicaments of Brazil between 2022 and 2023 were United Kingdom ($19.7M), Egypt ($19.1M), and Singapore ($17.2M).

Imports In 2023, Brazil imported $4.77B in Packaged Medicaments, becoming the 20th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 11th most imported product in Brazil. Brazil imports Packaged Medicaments primarily from: United States ($961M), Germany ($678M), Denmark ($481M), India ($402M), and Switzerland ($274M).

The fastest growing import markets in Packaged Medicaments for Brazil between 2022 and 2023 were Germany ($137M), Ireland ($130M), and Denmark ($122M).

Latest Trends

January 2025

About

Overview In January 2025 Brazil's Packaged Medicaments exports accounted up to $53.1M and imports accounted up to $601M, resulting in a negative trade balance of $548M. Between January 2024 and January 2025 the exports of Brazil's   Packaged Medicaments have decreased by $-9.1M (-14.6%) from $62.2M to $53.1M, while imports increased by $73.9M (14%) from $527M to $601M.

Destinations In January 2025, Packaged Medicaments were exported mostly to Puerto Rico ($9.87M), United States ($4.37M), Denmark ($3.29M), Argentina ($3.25M), and Mexico ($3.23M), and were imported mostly from United States ($110M), Germany ($58.7M), Denmark ($58.2M), Italy ($43.7M), and Spain ($37.5M).

Growth In January 2025, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to India ($-2.78M or -86.4%), United States ($-2.66M or -25.4%), and Argentina ($-1.96M or -36.4%). In January 2025, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from United States ($51.4M or 111%), Sweden ($34.6M or 402%), and Denmark ($28.9M or 99.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-9.1M(-14.6%)
IMPORT GROWTH (January 2024 - January 2025)$73.9M(14%)
MAIN EXPORTER (January 2025)São Paulo$38.2M
MAIN DESTINATION (January 2025)Puerto Rico$9.87M

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 (2023)$1.24B
IMPORTS (2023)$4.77B
NET TRADE (2023)-$3.53B

In 2023, Brazil exported $1.24B in Packaged Medicaments. The main destinations of Brazil exports on Packaged Medicaments were United States ($102M), Mexico ($63.3M), Colombia ($62M), Denmark ($60M), and Argentina ($59.6M).

In 2023, Brazil imported $4.77B in Packaged Medicaments, mainly from United States ($961M), Germany ($678M), Denmark ($481M), India ($402M), and Switzerland ($274M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
United Kingdom$19.7M (93.5%)
Egypt$19.1M (53.3%)
Singapore$17.2M (604%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Brazil WERE (2022 - 2023):
Australia-$56.4M (-65%)
Turkey-$41.8M (-55.1%)
Mexico-$36.2M (-36.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Packaged Medicaments were:
Germany $66.4B
United States $41B
Switzerland $39.7B
In 2023, Brazil's main importing competitors in Packaged Medicaments were:
United States $82.7B
Switzerland $40B
Germany $30.8B

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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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