2022
Exports
$2.6BWorld Rnk 23 / 217
Flag Rnk 12 / 1208
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$4.63BWorld Rnk 19 / 224
Flag Rnk 6 / 1213
2022
ECONOMIC COMPLEXITY of Czechia
1.55Rnk 7 / 133

About

Exports In 2022, Czechia exported $2.6B in Packaged Medicaments, making it the 23rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 12th most exported product in Czechia. The main destination of Packaged Medicaments exports from Czechia are: Germany ($698M), Denmark ($437M), Slovakia ($325M), United States ($173M), and Russia ($124M).

The fastest growing export markets for Packaged Medicaments of Czechia between 2021 and 2022 were Russia ($41.9M), United States ($40.6M), and Netherlands ($14.8M).

Imports In 2022, Czechia imported $4.63B in Packaged Medicaments, becoming the 19th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in Czechia. Czechia imports Packaged Medicaments primarily from: Germany ($1.04B), France ($556M), Switzerland ($297M), Ireland ($295M), and Hungary ($271M).

The fastest growing import markets in Packaged Medicaments for Czechia between 2021 and 2022 were Slovakia ($88.5M), Austria ($73.6M), and Hungary ($67.5M).

Latest Trends

Oct 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)$2.6B
IMPORTS (2022)$4.63B
NET TRADE (2022)-$2.03B

In 2022, Czechia exported $2.6B in Packaged Medicaments. The main destinations of Czechia exports on Packaged Medicaments were Germany ($698M), Denmark ($437M), Slovakia ($325M), United States ($173M), and Russia ($124M).

In 2022, Czechia imported $4.63B in Packaged Medicaments, mainly from Germany ($1.04B), France ($556M), Switzerland ($297M), Ireland ($295M), and Hungary ($271M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Czechia WERE (2021 - 2022):
Russia$41.9M (51.1%)
United States$40.6M (30.5%)
Netherlands$14.8M (17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Czechia WERE (2021 - 2022):
Denmark-$114M (-20.7%)
Germany-$88.5M (-11.2%)
Bulgaria-$15.4M (-47.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

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View
TOP EXPORT POTENTIALGermany+ $284M
TOP IMPORT POTENTIALGermany+ $451M

Packaged Medicaments’s highest export potential is Germany. With an export gap of $284M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $451M.

See methodology.

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