2022
Exports
$1.22BWorld Rnk 27 / 217
Flag Rnk 8 / 1216
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$2.3BWorld Rnk 32 / 224
Flag Rnk 7 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $1.22B in Packaged Medicaments, making it the 27th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 8th most exported product in Portugal. The main destination of Packaged Medicaments exports from Portugal are: Germany ($244M), United States ($150M), France ($76M), Spain ($75.2M), and Angola ($74M).

The fastest growing export markets for Packaged Medicaments of Portugal between 2021 and 2022 were Germany ($26.5M), Australia ($24.3M), and Angola ($19.8M).

Imports In 2022, Portugal imported $2.3B in Packaged Medicaments, becoming the 32nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Portugal. Portugal imports Packaged Medicaments primarily from: Germany ($415M), Spain ($358M), France ($250M), Italy ($202M), and Netherlands ($201M).

The fastest growing import markets in Packaged Medicaments for Portugal between 2021 and 2022 were Sweden ($44.5M), Spain ($40.5M), and France ($33.3M).

COMPANIES In 2023, leading companies such as BAXTER HEALTHCARE CORPORATION (16) were at the forefront of shipping Packaged Medicaments from Portugal to the United States.

Latest Trends

Mar 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)$1.22B
IMPORTS (2022)$2.3B
NET TRADE (2022)-$1.08B

In 2022, Portugal exported $1.22B in Packaged Medicaments. The main destinations of Portugal exports on Packaged Medicaments were Germany ($244M), United States ($150M), France ($76M), Spain ($75.2M), and Angola ($74M).

In 2022, Portugal imported $2.3B in Packaged Medicaments, mainly from Germany ($415M), Spain ($358M), France ($250M), Italy ($202M), and Netherlands ($201M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$26.5M (12.2%)
Australia$24.3M (476%)
Angola$19.8M (36.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Portugal WERE (2021 - 2022):
Ireland-$21.1M (-23.6%)
Russia-$13.6M (-99.2%)
Brazil-$12.7M (-78.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Packaged Medicaments by Exporters

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