Exports In 2021, Russia exported $2.51B in Pharmaceutical products, making it the 26th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 22nd most exported product in Russia. The main destination of Pharmaceutical products exports from Russia are: Kazakhstan ($267M), Argentina ($209M), Ukraine ($204M), Mexico ($202M), and United Arab Emirates ($197M).
The fastest growing export markets for Pharmaceutical products of Russia between 2020 and 2021 were Argentina ($206M), United Arab Emirates ($196M), and Mexico ($195M).
Imports In 2021, Russia imported $12.2B in Pharmaceutical products, becoming the 13th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 4th most imported product in Russia. Russia imports Pharmaceutical products primarily from: Germany ($2.98B), Switzerland ($1.51B), Belgium ($938M), Netherlands ($917M), and India ($528M).
The fastest growing import markets in Pharmaceutical products for Russia between 2020 and 2021 were Germany ($1B), Netherlands ($253M), and Switzerland ($215M).
Tariffs In 2018, the average tariff for Russia in Pharmaceutical products was 3.56%. The countries with the highest import tariffs for Pharmaceutical products were Angola (Most Favoured Nation duty rate treatment, 3.71%), Burundi (Most Favoured Nation duty rate treatment, 3.71%), Benin (Most Favoured Nation duty rate treatment, 3.71%), Burkina Faso (Most Favoured Nation duty rate treatment, 3.71%), and Botswana (Most Favoured Nation duty rate treatment, 3.71%).