HS Icon Packaged Medicaments in  Flag Germany

2020
Exports | Imports
: $60.9B | $32.2B, World Rnk 1 / 210
Flag Rnk 2 / 1217 | World Rnk 2 / 224
Flag Rnk 3 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $861M | $1.68B, Switzerland |  Ireland


ECONOMIC COMPLEXITY of Germany
: 1.88, Rnk 4 / 127


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

Exports In 2020, Germany exported $60.9B 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 ($10.8B), Switzerland ($6.34B), Netherlands ($4.28B), France ($3.19B), and China ($3.19B).

The fastest growing export markets for Packaged Medicaments of Germany between 2019 and 2020 were Switzerland ($861M), Italy ($787M), and China ($440M).

Imports In 2020, Germany imported $32.2B 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 ($5.19B), Netherlands ($4.02B), Ireland ($3.49B), United States ($2.57B), and Italy ($2.55B).

The fastest growing import markets in Packaged Medicaments for Germany between 2019 and 2020 were Ireland ($1.68B), Singapore ($1.17B), and Netherlands ($530M).

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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): $60.9B

IMPORTS (2020): $32.2B

NET TRADE (2020): $28.7B

In 2020, Germany exported $60.9B in Packaged Medicaments. The main destinations of Germany exports on Packaged Medicaments were United States ($10.8B), Switzerland ($6.34B), Netherlands ($4.28B), France ($3.19B), and China ($3.19B).

In 2020, Germany imported $32.2B in Packaged Medicaments, mainly from Switzerland ($5.19B), Netherlands ($4.02B), Ireland ($3.49B), United States ($2.57B), and Italy ($2.55B).

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

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

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

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

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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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