2022
Exports
$3.7BWorld Rnk 23 / 223
Flag Rnk 12 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$6.76BWorld Rnk 21 / 226
Flag Rnk 7 / 96
2022
ECONOMIC COMPLEXITY of Czechia
1.55Rnk 7 / 133

About

Exports In 2022, Czechia exported $3.7B in Pharmaceutical products, making it the 23rd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 12th most exported product in Czechia. The main destination of Pharmaceutical products exports from Czechia are: Germany ($914M), Denmark ($481M), Slovakia ($467M), Netherlands ($217M), and Austria ($198M).

The fastest growing export markets for Pharmaceutical products of Czechia between 2021 and 2022 were Netherlands ($57.2M), United States ($54.4M), and Russia ($48.4M).

Imports In 2022, Czechia imported $6.76B in Pharmaceutical products, becoming the 21st largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 7th most imported product in Czechia. Czechia imports Pharmaceutical products primarily from: Germany ($1.73B), France ($626M), Switzerland ($543M), Belgium ($440M), and Hungary ($399M).

The fastest growing import markets in Pharmaceutical products for Czechia between 2021 and 2022 were Hungary ($102M), Slovakia ($92.4M), and Belgium ($69.2M).

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)$3.7B
IMPORTS (2022)$6.76B
NET TRADE (2022)-$3.06B

In 2022, Czechia exported $3.7B in Pharmaceutical products. The main destinations of Czechia exports on Pharmaceutical products were Germany ($914M), Denmark ($481M), Slovakia ($467M), Netherlands ($217M), and Austria ($198M).

In 2022, Czechia imported $6.76B in Pharmaceutical products, mainly from Germany ($1.73B), France ($626M), Switzerland ($543M), Belgium ($440M), and Hungary ($399M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Czechia WERE (2021 - 2022):
Netherlands$57.2M (35.8%)
United States$54.4M (39.6%)
Russia$48.4M (55.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Czechia WERE (2021 - 2022):
Germany-$176M (-16.1%)
Denmark-$108M (-18.4%)
France-$24.9M (-20.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $414M
TOP IMPORT POTENTIALGermany+ $673M

Pharmaceutical products’s highest export potential is Germany. With an export gap of $414M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $673M.

See methodology.

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