Overview In May 2021 Spain's Packaged Medicaments exports accounted up to €808M and imports accounted up to €889M, resulting in a negative trade balance of €81.1M. Between May 2020 and May 2021 the exports of Spain's Packaged Medicaments have increased by €22M (2.8%) from €786M to €808M, while imports increased by €9.34M (1.06%) from €880M to €889M.
Destinations In May 2021, Packaged Medicaments were exported mostly to Switzerland (€287M), Germany (€132M), France (€59.8M), Italy (€44.8M), and United Kingdom (€25.6M), and were imported mostly from United States (€238M), Germany (€142M), Switzerland (€95.1M), Netherlands (€87.6M), and France (€55.7M).
Growth In May 2021, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to Switzerland (€42.5M or 17.3%), Germany (€14.5M or 12.3%), and India (€13.5M or 2.8k%). In May 2021, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Germany (€36.3M or 34.4%), Denmark (€30M or 179%), and Belgium (€16.3M or 46.4%).