2023
Exports
$26.9BWorld Rnk 6 / 214
Flag Rnk 3 / 1216
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$18.2BWorld Rnk 7 / 226
Flag Rnk 6 / 1214
2023
ECONOMIC COMPLEXITY of France
1.34Rnk 16 / 132

About

Exports In 2023, France exported $26.9B in Packaged Medicaments, making it the 6th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most exported product in France. The main destination of Packaged Medicaments exports from France are: United States ($3.1B), Belgium ($2.61B), Germany ($2.2B), Italy ($1.87B), and China ($1.65B).

The fastest growing export markets for Packaged Medicaments of France between 2022 and 2023 were Belgium ($301M), Denmark ($209M), and United States ($204M).

Imports In 2023, France imported $18.2B in Packaged Medicaments, becoming the 7th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in France. France imports Packaged Medicaments primarily from: Germany ($3.54B), Netherlands ($2.15B), Italy ($2.06B), Belgium ($1.53B), and Ireland ($1.53B).

The fastest growing import markets in Packaged Medicaments for France between 2022 and 2023 were Netherlands ($1.16B), Ireland ($242M), and Italy ($148M).

COMPANIES In 2023, leading companies such as L'Oreal (32) were at the forefront of shipping Packaged Medicaments from France to the United States.

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 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 (2023)$26.9B
IMPORTS (2023)$18.2B
NET TRADE (2023)$8.67B

In 2023, France exported $26.9B in Packaged Medicaments. The main destinations of France exports on Packaged Medicaments were United States ($3.1B), Belgium ($2.61B), Germany ($2.2B), Italy ($1.87B), and China ($1.65B).

In 2023, France imported $18.2B in Packaged Medicaments, mainly from Germany ($3.54B), Netherlands ($2.15B), Italy ($2.06B), Belgium ($1.53B), and Ireland ($1.53B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR France WERE (2022 - 2023):
Belgium$301M (13.1%)
Denmark$209M (54.9%)
United States$204M (7.07%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY France WERE (2022 - 2023):
Italy-$557M (-23%)
South Korea-$150M (-41.3%)
Chinese Taipei-$115M (-42.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, France's main exporting competitors in Packaged Medicaments were:
In 2023, France'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+ $1.43B
TOP IMPORT POTENTIALGermany+ $1.78B

Packaged Medicaments’s highest export potential is Germany. With an export gap of $1.43B.   Packaged Medicaments’s highest import potential is Germany with an import gap of $1.78B.

See methodology.

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