Exports In 2023, Indonesia exported $729M in Pharmaceutical products, making it the 44th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 48th most exported product in Indonesia. The main destination of Pharmaceutical products exports from Indonesia are: Philippines ($126M), India ($95.2M), Japan ($66.9M), South Korea ($54.7M), and Nigeria ($45.1M).
The fastest growing export markets for Pharmaceutical products of Indonesia between 2022 and 2023 were South Korea ($27.4M), United States ($21.4M), and Pakistan ($12.8M).
Imports In 2023, Indonesia imported $1.22B in Pharmaceutical products, becoming the 60th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 34th most imported product in Indonesia. Indonesia imports Pharmaceutical products primarily from: United States ($216M), Germany ($149M), India ($103M), France ($90M), and China ($80.3M).
The fastest growing import markets in Pharmaceutical products for Indonesia between 2022 and 2023 were Germany ($18.7M), Slovenia ($5.49M), and Sweden ($3.18M).