Exports In 2023, Germany exported $66.4B 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 ($8.38B), Switzerland ($6.36B), Italy ($5.17B), Netherlands ($4.48B), and Belgium ($3.86B).
The fastest growing export markets for Packaged Medicaments of Germany between 2022 and 2023 were Netherlands ($670M), Mexico ($266M), and Switzerland ($256M).
Imports In 2023, Germany imported $30.8B in Packaged Medicaments, becoming the 3rd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Germany. Germany imports Packaged Medicaments primarily from: Ireland ($5.39B), Switzerland ($3.24B), United States ($3.12B), Netherlands ($2.64B), and Italy ($2.56B).
The fastest growing import markets in Packaged Medicaments for Germany between 2022 and 2023 were Spain ($360M), Sweden ($191M), and Denmark ($162M).
COMPANIES In 2023, leading companies such as Baxter Healthcare (7) and Hilti Power Tools (1) were at the forefront of shipping Packaged Medicaments from Germany to the United States.