2021
Exports | Imports
$64.6B | $32.3BWorld Rnk 1 / 213
Flag Rnk 2 / 1215
World Rnk 2 / 224
Flag Rnk 4 / 1213
2021
ECONOMIC COMPLEXITY of Germany
1.81Rnk 5 / 131
2021
PRODUCT COMPLEXITY IN Packaged Medicaments
0.65Rnk 304 / 1024

About

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).

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)$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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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Germany WERE (2020 - 2021):
United States$1.01B (9.35%)
Russia$906M (60.8%)
Belgium$740M (31.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Germany WERE (2020 - 2021):
Netherlands-$218M (-5.08%)
United Kingdom-$216M (-8.56%)
Hungary-$185M (-19.8%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
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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Trade Value of Packaged Medicaments by Exporters

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