2023
Exports
$658MWorld Rnk 6 / 168
Flag Rnk 66 / 1211
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.55Rnk 344 / 1025
2023
Imports
$376MWorld Rnk 10 / 220
Flag Rnk 117 / 1212
2023
ECONOMIC COMPLEXITY of Switzerland
1.96Rnk 3 / 132

About

Exports In 2023, Switzerland exported $658M in Unpackaged Medicaments, making it the 6th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 66th most exported product in Switzerland. The main destination of Unpackaged Medicaments exports from Switzerland are: Spain ($301M), China ($107M), United States ($66.2M), Italy ($37.5M), and Austria ($24.9M).

The fastest growing export markets for Unpackaged Medicaments of Switzerland between 2022 and 2023 were United States ($38.4M), China ($33.8M), and Saudi Arabia ($9.24M).

Imports In 2023, Switzerland imported $376M in Unpackaged Medicaments, becoming the 10th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 117th most imported product in Switzerland. Switzerland imports Unpackaged Medicaments primarily from: United States ($128M), Italy ($103M), Slovenia ($36.6M), Portugal ($34.5M), and Germany ($30.8M).

The fastest growing import markets in Unpackaged Medicaments for Switzerland between 2022 and 2023 were United States ($116M), Portugal ($24.8M), and Slovenia ($21.2M).

Latest Trends

Dec 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 Unpackaged Medicaments. 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 (2023)$658M
IMPORTS (2023)$376M
NET TRADE (2023)$282M

In 2023, Switzerland exported $658M in Unpackaged Medicaments. The main destinations of Switzerland exports on Unpackaged Medicaments were Spain ($301M), China ($107M), United States ($66.2M), Italy ($37.5M), and Austria ($24.9M).

In 2023, Switzerland imported $376M in Unpackaged Medicaments, mainly from United States ($128M), Italy ($103M), Slovenia ($36.6M), Portugal ($34.5M), and Germany ($30.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Switzerland WERE (2022 - 2023):
United States$38.4M (138%)
China$33.8M (46.1%)
Saudi Arabia$9.24M (754%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Switzerland WERE (2022 - 2023):
Spain-$141M (-31.9%)
Italy-$24.3M (-39.4%)
Australia-$7.93M (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Switzerland's main exporting competitors in Unpackaged Medicaments were:
In 2023, Switzerland's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $22.1M
TOP IMPORT POTENTIALGermany+ $10.7M

Unpackaged Medicaments’s highest export potential is Germany. With an export gap of $22.1M.   Unpackaged Medicaments’s highest import potential is Germany with an import gap of $10.7M.

See methodology.

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