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Exports In 2023, Belgium exported $52.1B in Pharmaceutical products, making it the 5th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 2nd most exported product in Belgium. The main destination of Pharmaceutical products exports from Belgium are: United States ($7.21B), Italy ($6.1B), Germany ($5.44B), Netherlands ($5.44B), and France ($4.02B).
The fastest growing export markets for Pharmaceutical products of Belgium between 2022 and 2023 were Netherlands ($2.11B), China ($657M), and Luxembourg ($295M).
Imports In 2023, Belgium imported $54.1B in Pharmaceutical products, becoming the 4th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 2nd most imported product in Belgium. Belgium imports Pharmaceutical products primarily from: Ireland ($12.3B), United States ($11.4B), Switzerland ($7.23B), Italy ($6.62B), and Germany ($5.51B).
The fastest growing import markets in Pharmaceutical products for Belgium between 2022 and 2023 were United States ($5.38B), Ireland ($2.12B), and Switzerland ($1.47B).
COMPANIES In 2023, leading companies such as Baxter Healthcare (28), L'Oreal (19), and Dow Chemical (1) were at the forefront of shipping Pharmaceutical products from Belgium to the United States.
