HS Icon Packaged Medicaments in  Flag Germany

2019
Exports | Imports
: $56.8B | $30.5B, World Rnk 1 / 205
Flag Rnk 3 / 1216 | World Rnk 2 / 224
Flag Rnk 3 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $583M | $998M, China |  Switzerland

2019
ECONOMIC COMPLEXITY of Germany
: 1.93, Rnk 4 / 147

2019
PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.64, Rnk 320 / 1029

Exports In 2019, Germany exported $56.8B in Packaged Medicaments, making it the 1st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most exported product in Germany. The main destination of Packaged Medicaments exports from Germany are: United States ($10.7B), Switzerland ($5.48B), Netherlands ($3.94B), France ($2.81B), and China ($2.75B).

The fastest growing export markets for Packaged Medicaments of Germany between 2018 and 2019 were China ($583M), Belgium ($465M), and Russia ($398M).

Imports In 2019, Germany imported $30.5B in Packaged Medicaments, becoming the 2nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in Germany. Germany imports Packaged Medicaments primarily from: Switzerland ($5.36B), Netherlands ($3.56B), Belgium ($2.64B), France ($2.46B), and United States ($2.4B).

The fastest growing import markets in Packaged Medicaments for Germany between 2018 and 2019 were Switzerland ($998M), United States ($876M), and Netherlands ($456M).

Historical Data

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EXPORTS (2019): $56.8B

IMPORTS (2019): $30.5B

NET TRADE (2019): $26.3B

In 2019, Germany exported $56.8B in Packaged Medicaments. The main destinations of Germany exports on Packaged Medicaments were United States ($10.7B), Switzerland ($5.48B), Netherlands ($3.94B), France ($2.81B), and China ($2.75B).

In 2019, Germany imported $30.5B in Packaged Medicaments, mainly from Switzerland ($5.36B), Netherlands ($3.56B), Belgium ($2.64B), France ($2.46B), and United States ($2.4B).

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IN 2019, Germany HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

IN 2019, Germany HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Germany WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Germany WERE (2018 - 2019):

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Market Concentration

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

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

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Tariffs by Country

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In 2017, the tariffs for Packaged Medicaments in the imports of Germany were of 0% around the world.