Overview In November 2021 Canada's Packaged Medicaments exports accounted up to C$482M and imports accounted up to C$718M, resulting in a negative trade balance of C$236M. Between November 2020 and November 2021 the exports of Canada's Packaged Medicaments have decreased by C$-243M (-33.5%) from C$725M to C$482M, while imports decreased by C$-362M (-33.5%) from C$1.08B to C$718M.
Destinations In November 2021, Packaged Medicaments were exported mostly to United States (C$191M), Japan (C$83.6M), Italy (C$63.6M), China (C$43.5M), and Mexico (C$18.3M), and were imported mostly from Germany (C$113M), Switzerland (C$104M), Sweden (C$66.5M), Ireland (C$46.2M), and United Kingdom (C$45.5M).
Growth In November 2021, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to United States (C$-181M or -48.8%), Japan (C$-37.1M or -30.7%), and China (C$-10.7M or -19.7%). In November 2021, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from United States (C$-259M or -97.8%), Switzerland (C$-87.6M or -45.6%), and Italy (C$-48.1M or -57.4%).