2022
Exports
$93.8BWorld Rnk 2 / 223
Flag Rnk 2 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$48.5BWorld Rnk 3 / 226
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Switzerland
1.97Rnk 2 / 133

About

Exports In 2022, Switzerland exported $93.8B in Pharmaceutical products, making it the 2nd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 2nd most exported product in Switzerland. The main destination of Pharmaceutical products exports from Switzerland are: United States ($28.2B), Germany ($9.92B), Slovenia ($6.73B), China ($5.23B), and Japan ($4.85B).

The fastest growing export markets for Pharmaceutical products of Switzerland between 2021 and 2022 were United States ($6.8B), Slovenia ($1.97B), and Japan ($894M).

Imports In 2022, Switzerland imported $48.5B in Pharmaceutical products, becoming the 3rd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 2nd most imported product in Switzerland. Switzerland imports Pharmaceutical products primarily from: Germany ($10B), Slovenia ($9.24B), Spain ($4.8B), Italy ($4.55B), and United States ($4.37B).

The fastest growing import markets in Pharmaceutical products for Switzerland between 2021 and 2022 were Slovenia ($5.03B), United States ($2.29B), and Italy ($1.08B).

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 Pharmaceutical products. 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)$93.8B
IMPORTS (2022)$48.5B
NET TRADE (2022)$45.2B

In 2022, Switzerland exported $93.8B in Pharmaceutical products. The main destinations of Switzerland exports on Pharmaceutical products were United States ($28.2B), Germany ($9.92B), Slovenia ($6.73B), China ($5.23B), and Japan ($4.85B).

In 2022, Switzerland imported $48.5B in Pharmaceutical products, mainly from Germany ($10B), Slovenia ($9.24B), Spain ($4.8B), Italy ($4.55B), and United States ($4.37B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Switzerland WERE (2021 - 2022):
United States$6.8B (31.8%)
Slovenia$1.97B (41.5%)
Japan$894M (22.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Switzerland WERE (2021 - 2022):
Spain-$2.82B (-41.1%)
Germany-$1.97B (-16.6%)
France-$852M (-19.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Switzerland's main exporting competitors in Pharmaceutical products were:
In 2022, Switzerland's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $3.33B
TOP IMPORT POTENTIALGermany+ $2.16B

Pharmaceutical products’s highest export potential is Germany. With an export gap of $3.33B.   Pharmaceutical products’s highest import potential is Germany with an import gap of $2.16B.

See methodology.

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