Overview In November 2021 Spain's Packaged Medicaments exports accounted up to €866M and imports accounted up to €880M, resulting in a negative trade balance of €13.5M. Between November 2020 and November 2021 the exports of Spain's Packaged Medicaments have increased by €111M (14.6%) from €756M to €866M, while imports increased by €73.4M (9.1%) from €806M to €880M.
Destinations In November 2021, Packaged Medicaments were exported mostly to Switzerland (€305M), Germany (€131M), France (€48.3M), Italy (€35.8M), and China (€35.3M), and were imported mostly from United States (€196M), Germany (€115M), Switzerland (€111M), Netherlands (€88.2M), and France (€62.9M).
Growth In November 2021, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to Switzerland (€66.3M or 37.5%), France (€18.7M or 42.7%), and United Kingdom (€14.5M or 53%). In November 2021, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from United States (€61.5M or 47.4%), Netherlands (€56.1M or 119%), and France (€6.43M or 8.85%).