2022
Exports
$26BWorld Rnk 6 / 217
Flag Rnk 2 / 1217
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$17.6BWorld Rnk 8 / 224
Flag Rnk 5 / 1215
2022
ECONOMIC COMPLEXITY of France
1.3Rnk 16 / 133

About

Exports In 2022, France exported $26B in Packaged Medicaments, making it the 6th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in France. The main destination of Packaged Medicaments exports from France are: United States ($4.09B), Belgium ($2.46B), Italy ($2.3B), Germany ($2.01B), and China ($1.27B).

The fastest growing export markets for Packaged Medicaments of France between 2021 and 2022 were Russia ($81.9M), Greece ($75M), and Netherlands ($52M).

Imports In 2022, France imported $17.6B in Packaged Medicaments, becoming the 8th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in France. France imports Packaged Medicaments primarily from: Germany ($3.67B), Italy ($1.89B), Netherlands ($1.54B), Belgium ($1.44B), and Switzerland ($1.43B).

The fastest growing import markets in Packaged Medicaments for France between 2021 and 2022 were China ($202M), Germany ($154M), and United States ($151M).

COMPANIES In 2023, leading companies such as L'Oreal (32) were at the forefront of shipping Packaged Medicaments from France to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

Trade Balance

Color
EXPORTS (2022)$26B
IMPORTS (2022)$17.6B
NET TRADE (2022)$8.4B

In 2022, France exported $26B in Packaged Medicaments. The main destinations of France exports on Packaged Medicaments were United States ($4.09B), Belgium ($2.46B), Italy ($2.3B), Germany ($2.01B), and China ($1.27B).

In 2022, France imported $17.6B in Packaged Medicaments, mainly from Germany ($3.67B), Italy ($1.89B), Netherlands ($1.54B), Belgium ($1.44B), and Switzerland ($1.43B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR France WERE (2021 - 2022):
Russia$81.9M (25.7%)
Greece$75M (31.1%)
Netherlands$52M (7.76%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY France WERE (2021 - 2022):
Italy-$858M (-27.2%)
United Kingdom-$102M (-8.73%)
Germany-$101M (-4.81%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, France's main exporting competitors in Packaged Medicaments were:
In 2022, France's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.43B
TOP IMPORT POTENTIALGermany+ $1.78B

Packaged Medicaments’s highest export potential is Germany. With an export gap of $1.43B.   Packaged Medicaments’s highest import potential is Germany with an import gap of $1.78B.

See methodology.

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