HS Icon Packaged Medicaments in  Flag Czechia

2020
Exports | Imports
: $2.41B | $4.2B, World Rnk 23 / 210
Flag Rnk 10 / 1207 | World Rnk 17 / 224
Flag Rnk 5 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $49.9M | $143M, Germany |  Ireland


ECONOMIC COMPLEXITY of Czechia
: 1.57, Rnk 8 / 127


PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.58, Rnk 332 / 1028

Exports In 2020, Czechia exported $2.41B in Packaged Medicaments, making it the 23rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 10th most exported product in Czechia. The main destination of Packaged Medicaments exports from Czechia are: Germany ($715M), Denmark ($409M), Slovakia ($293M), United States ($166M), and United Kingdom ($110M).

The fastest growing export markets for Packaged Medicaments of Czechia between 2019 and 2020 were Germany ($49.9M), Austria ($29.8M), and Slovakia ($24.3M).

Imports In 2020, Czechia imported $4.2B in Packaged Medicaments, becoming the 17th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Czechia. Czechia imports Packaged Medicaments primarily from: Germany ($923M), France ($532M), Switzerland ($314M), Netherlands ($236M), and Ireland ($206M).

The fastest growing import markets in Packaged Medicaments for Czechia between 2019 and 2020 were Ireland ($143M), United States ($88.7M), and France ($60.8M).

Subnational Monthly Trade

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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

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EXPORTS (2020): $2.41B

IMPORTS (2020): $4.2B

NET TRADE (2020): -$1.79B

In 2020, Czechia exported $2.41B in Packaged Medicaments. The main destinations of Czechia exports on Packaged Medicaments were Germany ($715M), Denmark ($409M), Slovakia ($293M), United States ($166M), and United Kingdom ($110M).

In 2020, Czechia imported $4.2B in Packaged Medicaments, mainly from Germany ($923M), France ($532M), Switzerland ($314M), Netherlands ($236M), and Ireland ($206M).

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IN 2020, Czechia HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

IN 2020, Czechia HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Czechia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Czechia WERE (2019 - 2020):

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Market Concentration

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In 2019, Czechia's main exporting competitors in Packaged Medicaments were:

In 2019, Czechia's main importing competitors in Packaged Medicaments were:

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Tariffs by Country

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In 2003, the tariffs for Packaged Medicaments in the imports of Czechia were of 0% around the world.