2021
Exports | Imports
$48.5B | $28.4BWorld Rnk 2 / 213
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World Rnk 3 / 224
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2021
ECONOMIC COMPLEXITY of Switzerland
1.94Rnk 2 / 131
2021
PRODUCT COMPLEXITY IN Packaged Medicaments
0.65Rnk 304 / 1024

About

Exports In 2021, Switzerland exported $48.5B in Packaged Medicaments, making it the 2nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in Switzerland. The main destination of Packaged Medicaments exports from Switzerland are: United States ($16.3B), Germany ($4.66B), Slovenia ($4.31B), China ($1.99B), and Italy ($1.96B).

The fastest growing export markets for Packaged Medicaments of Switzerland between 2020 and 2021 were United States ($3.07B), Slovenia ($380M), and Spain ($207M).

Imports In 2021, Switzerland imported $28.4B in Packaged Medicaments, becoming the 3rd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most imported product in Switzerland. Switzerland imports Packaged Medicaments primarily from: Germany ($6.49B), Spain ($4.51B), Slovenia ($4.07B), Singapore ($3.44B), and Italy ($3.18B).

The fastest growing import markets in Packaged Medicaments for Switzerland between 2020 and 2021 were Slovenia ($1.14B), Spain ($915M), and Singapore ($659M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$48.5B
IMPORTS (2021)$28.4B
NET TRADE (2021)$20.1B

In 2021, Switzerland exported $48.5B in Packaged Medicaments. The main destinations of Switzerland exports on Packaged Medicaments were United States ($16.3B), Germany ($4.66B), Slovenia ($4.31B), China ($1.99B), and Italy ($1.96B).

In 2021, Switzerland imported $28.4B in Packaged Medicaments, mainly from Germany ($6.49B), Spain ($4.51B), Slovenia ($4.07B), Singapore ($3.44B), and Italy ($3.18B).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Switzerland WERE (2020 - 2021):
United States$3.07B (23.2%)
Slovenia$380M (9.66%)
Spain$207M (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Switzerland WERE (2020 - 2021):
Germany-$528M (-10.2%)
China-$254M (-11.3%)
Belgium-$236M (-27.8%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Switzerland's main exporting competitors in Packaged Medicaments were:
Germany $64.6B
Ireland $32.8B
In 2021, Switzerland's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

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