2023
Exports
$15.6BWorld Rnk 13 / 214
Flag Rnk 6 / 1216
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$16.5BWorld Rnk 8 / 226
Flag Rnk 6 / 1214
2023
ECONOMIC COMPLEXITY of Netherlands
1.08Rnk 26 / 132

About

Exports In 2023, Netherlands exported $15.6B in Packaged Medicaments, making it the 13th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most exported product in Netherlands. The main destination of Packaged Medicaments exports from Netherlands are: Germany ($2.64B), France ($2.15B), Italy ($1.42B), Belgium ($866M), and Spain ($679M).

The fastest growing export markets for Packaged Medicaments of Netherlands between 2022 and 2023 were France ($1.16B), China ($163M), and United States ($123M).

Imports In 2023, Netherlands imported $16.5B in Packaged Medicaments, becoming the 8th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in Netherlands. Netherlands imports Packaged Medicaments primarily from: Germany ($4.48B), Belgium ($4.23B), United States ($1.5B), Ireland ($1.42B), and France ($691M).

The fastest growing import markets in Packaged Medicaments for Netherlands between 2022 and 2023 were Belgium ($1.9B), Germany ($670M), and Ireland ($301M).

Latest Trends

Dec 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 (2023)$15.6B
IMPORTS (2023)$16.5B
NET TRADE (2023)-$924M

In 2023, Netherlands exported $15.6B in Packaged Medicaments. The main destinations of Netherlands exports on Packaged Medicaments were Germany ($2.64B), France ($2.15B), Italy ($1.42B), Belgium ($866M), and Spain ($679M).

In 2023, Netherlands imported $16.5B in Packaged Medicaments, mainly from Germany ($4.48B), Belgium ($4.23B), United States ($1.5B), Ireland ($1.42B), and France ($691M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Netherlands WERE (2022 - 2023):
France$1.16B (118%)
China$163M (37.5%)
United States$123M (25.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Netherlands WERE (2022 - 2023):
Austria-$187M (-35.3%)
Israel-$167M (-80.7%)
Italy-$160M (-10.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Netherlands's main exporting competitors in Packaged Medicaments were:
In 2023, Netherlands's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.21B
TOP IMPORT POTENTIALGermany+ $1.54B

Packaged Medicaments’s highest export potential is Germany. With an export gap of $1.21B.   Packaged Medicaments’s highest import potential is Germany with an import gap of $1.54B.

See methodology.

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