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Classification code 834 for German Classification of Commodities (EGW).

2024
Germany Trade €117BRnk 2 / 207
2024
Top Destination | Top Origin €13.8B | €25.1B United States | United States
2021 - 2024
Export Growth (CAGR) 4.56%Rnk 50 / 208

About

Overview This page contains the latest trade data of Pharmaceutical products. In 2024, Pharmaceutical products were the Germany's 2nd most traded product, with a total trade of €117B. Between 2023 and 2024 the exports of Pharmaceutical products grew by 4.56%, from €96.9B to €117B. Trade in Pharmaceutical products represent 7.53% of total Germany trade.

Exports In 2024 the export destinations of Pharmaceutical products from Germany were United States (€25.1B), Netherlands (€9.36B), Switzerland (€8.93B), Italy (€8.46B), and France (€5.96B).

Imports In 2024 the import origins of Pharmaceutical products to Germany were United States (€13.8B), Switzerland (€11.1B), Ireland (€10.1B), Netherlands (€5.47B), and Italy (€4.35B).

Historical Data

Destinations and Origins

Top Destination (2024)United States€25.1B
Top Origin (2024)United States€13.8B

Pharmaceutical products are Germany's 2nd most traded product.

In 2024, the top import origins of Pharmaceutical products were United States (€25.1B), Netherlands (€9.36B), Switzerland (€8.93B), Italy (€8.46B), and France (€5.96B).

In 2024, the top export destinations of Pharmaceutical products were United States (€13.8B), Switzerland (€11.1B), Ireland (€10.1B), Netherlands (€5.47B), and Italy (€4.35B).

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Market Dynamics

Color
Top Destination Growth (2023 - 2024)United States€2.87B
Top Origin Growth (2023 - 2024)United States€8.07B

Between 2023 and 2024, the fastest growing importers of Pharmaceutical products were United States (€8.07B), Italy (€2.64B), Netherlands (€1.52B), Belgium (€1.28B), and Japan (€983M).

Between 2023 and 2024, the exports of Pharmaceutical products grew the fastest in United States (€2.87B), Ireland (€2.36B), United Kingdom (€2.17B), Netherlands (€1.14B), and Spain (€1.1B).

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Market Concentration

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Pharmaceutical products.

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Net Trade

This map shows which countries export or import more of Pharmaceutical products from Germany. Each country is colored based on the difference in exports and imports of Pharmaceutical products during 2024.

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