HS Icon Pharmaceutical products

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

Overview This page contains the latest trade data of Pharmaceutical products. In 2020, Pharmaceutical products were the Germany's 2nd most traded product, with a total trade of €83.1B. Between 2019 and 2020 the exports of Pharmaceutical products grew by 6.57%, from €78.2B to €83.1B. Trade in Pharmaceutical products represent 6.94% of total Germany trade.

Exports In 2020 the export destinations of Pharmaceutical products from Germany were United States (€15.5B), Switzerland (€8.19B), Netherlands (€8.15B), Italy (€4.47B), and France (€4.18B).

Imports In 2020 the import origins of Pharmaceutical products to Germany were Switzerland (€9.27B), United States (€8.79B), Netherlands (€7.84B), Ireland (€5.12B), and France (€3.18B).

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The following visualization shows the latest trends on Pharmaceutical products reported by Germany customs. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Historical Data

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Destinations and Origins

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Trade By Country

Top Destination (2020): United States, €15.5B

Top Origin (2020): Switzerland, €9.27B

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

In 2020, the top import origins of Pharmaceutical products were United States (€15.5B), Switzerland (€8.19B), Netherlands (€8.15B), Italy (€4.47B), and France (€4.18B).

In 2020, the top export destinations of Pharmaceutical products were Switzerland (€9.27B), United States (€8.79B), Netherlands (€7.84B), Ireland (€5.12B), and France (€3.18B).

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Market Dynamics

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Trade by country

Value

Top Destination Growth (2019 -  2020): Ireland, €2.3B

Top Origin Growth (2019 - 2020): United States, €1.81B

Between 2019 and 2020, the fastest growing importers of Pharmaceutical products were United States (€1.81B), Switzerland (€1.06B), Belgium (€807M), Italy (€485M), and Hungary (€428M).

Between 2019 and 2020, the exports of Pharmaceutical products grew the fastest in Ireland (€2.3B), Netherlands (€515M), Belgium (€503M), United States (€478M), and Italy (€460M).

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Market Concentration

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Cumulative market share

Value

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

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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 2020.