HS Icon Packaged Medicaments in  Flag Germany

2021
Exports | Imports
: $64.6B | $32.3B, World Rnk 1 / 213
Flag Rnk 2 / 1215 | World Rnk 2 / 224
Flag Rnk 4 / 1213

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.01B | $1.62B, United States |  Ireland

2021
ECONOMIC COMPLEXITY of Germany
: 1.81, Rnk 5 / 131

2021
PRODUCT COMPLEXITY IN Packaged Medicaments
: 0.64, Rnk 303 / 1029

Exports In 2021, Germany exported $64.6B in Packaged Medicaments, making it the 1st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in Germany. The main destination of Packaged Medicaments exports from Germany are: United States ($11.8B), Switzerland ($6.49B), Netherlands ($4.06B), France ($3.52B), and China ($3.23B).

The fastest growing export markets for Packaged Medicaments of Germany between 2020 and 2021 were United States ($1.01B), Russia ($906M), and Belgium ($740M).

Imports In 2021, Germany imported $32.3B in Packaged Medicaments, becoming the 2nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Germany. Germany imports Packaged Medicaments primarily from: Ireland ($5.17B), Switzerland ($4.66B), Netherlands ($3.53B), Italy ($2.98B), and United States ($2.48B).

The fastest growing import markets in Packaged Medicaments for Germany between 2020 and 2021 were Ireland ($1.62B), Italy ($417M), and Greece ($394M).

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Subnational Monthly Trade

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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 (2021): $64.6B

IMPORTS (2021): $32.3B

NET TRADE (2021): $32.4B

In 2021, Germany exported $64.6B in Packaged Medicaments. The main destinations of Germany exports on Packaged Medicaments were United States ($11.8B), Switzerland ($6.49B), Netherlands ($4.06B), France ($3.52B), and China ($3.23B).

In 2021, Germany imported $32.3B in Packaged Medicaments, mainly from Ireland ($5.17B), Switzerland ($4.66B), Netherlands ($3.53B), Italy ($2.98B), and United States ($2.48B).

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Germany WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Germany WERE (2020 - 2021):

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Market Concentration

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In 2021, Germany's main exporting competitors in Packaged Medicaments were:

In 2021, Germany's main importing competitors in Packaged Medicaments were:

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