2022
Exports
$125BWorld Rnk 1 / 223
Flag Rnk 4 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$71.1BWorld Rnk 2 / 226
Flag Rnk 5 / 96
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $125B in Pharmaceutical products, making it the 1st largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 4th most exported product in Germany. The main destination of Pharmaceutical products exports from Germany are: United States ($25.6B), Italy ($11.1B), Switzerland ($10B), Netherlands ($9.21B), and France ($5.98B).

The fastest growing export markets for Pharmaceutical products of Germany between 2021 and 2022 were United States ($4.98B), Italy ($4.07B), and Netherlands ($3.36B).

Imports In 2022, Germany imported $71.1B in Pharmaceutical products, becoming the 2nd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 5th most imported product in Germany. Germany imports Pharmaceutical products primarily from: Ireland ($10.4B), Belgium ($10.2B), Switzerland ($9.92B), United States ($7.96B), and Netherlands ($6.41B).

The fastest growing import markets in Pharmaceutical products for Germany between 2021 and 2022 were Ireland ($1.85B), United Kingdom ($1.46B), and United States ($501M).

COMPANIES In 2023, leading companies such as BAXTER HEALTHCARE CORPORATION (9), ELECTROLUX HOME PRODUCTS INC (3), and AMAZON SERVICES LLC (1) were at the forefront of shipping Pharmaceutical products from Germany 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 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)$125B
IMPORTS (2022)$71.1B
NET TRADE (2022)$54.2B

In 2022, Germany exported $125B in Pharmaceutical products. The main destinations of Germany exports on Pharmaceutical products were United States ($25.6B), Italy ($11.1B), Switzerland ($10B), Netherlands ($9.21B), and France ($5.98B).

In 2022, Germany imported $71.1B in Pharmaceutical products, mainly from Ireland ($10.4B), Belgium ($10.2B), Switzerland ($9.92B), United States ($7.96B), and Netherlands ($6.41B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$4.98B (24.2%)
Italy$4.07B (57.5%)
Netherlands$3.36B (57.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Germany WERE (2021 - 2022):
France-$1.06B (-15.1%)
Turkey-$1.06B (-51%)
Poland-$589M (-21.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pharmaceutical products by Exporters

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