2022
Exports
$45.4BWorld Rnk 2 / 217
Flag Rnk 3 / 1211
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$32.9BWorld Rnk 2 / 224
Flag Rnk 2 / 1213
2022
ECONOMIC COMPLEXITY of Switzerland
1.97Rnk 2 / 133

About

Exports In 2022, Switzerland exported $45.4B in Packaged Medicaments, making it the 2nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most exported product in Switzerland. The main destination of Packaged Medicaments exports from Switzerland are: United States ($13.7B), Slovenia ($6.27B), Germany ($3.18B), China ($2.08B), and Italy ($1.86B).

The fastest growing export markets for Packaged Medicaments of Switzerland between 2021 and 2022 were Slovenia ($1.97B), Russia ($243M), and United Kingdom ($133M).

Imports In 2022, Switzerland imported $32.9B in Packaged Medicaments, becoming the 2nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most imported product in Switzerland. Switzerland imports Packaged Medicaments primarily from: Slovenia ($9.01B), Germany ($6B), Spain ($4.63B), Italy ($4.16B), and Singapore ($2.75B).

The fastest growing import markets in Packaged Medicaments for Switzerland between 2021 and 2022 were Slovenia ($5.07B), Italy ($973M), and Austria ($107M).

Latest Trends

Sep 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 Packaged 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 (2022)$45.4B
IMPORTS (2022)$32.9B
NET TRADE (2022)$12.6B

In 2022, Switzerland exported $45.4B in Packaged Medicaments. The main destinations of Switzerland exports on Packaged Medicaments were United States ($13.7B), Slovenia ($6.27B), Germany ($3.18B), China ($2.08B), and Italy ($1.86B).

In 2022, Switzerland imported $32.9B in Packaged Medicaments, mainly from Slovenia ($9.01B), Germany ($6B), Spain ($4.63B), Italy ($4.16B), and Singapore ($2.75B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Switzerland WERE (2021 - 2022):
Slovenia$1.97B (45.7%)
Russia$243M (30.3%)
United Kingdom$133M (13.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Switzerland WERE (2021 - 2022):
United States-$2.57B (-15.8%)
Germany-$1.49B (-31.9%)
Spain-$373M (-27.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Switzerland's main exporting competitors in Packaged Medicaments were:
In 2022, Switzerland's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.74B
TOP IMPORT POTENTIALGermany+ $1.4B

Packaged Medicaments’s highest export potential is Germany. With an export gap of $1.74B.   Packaged Medicaments’s highest import potential is Germany with an import gap of $1.4B.

See methodology.

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