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2022
Exports $1.15BWorld Rnk 35 / 223
Flag Rnk 13 / 96
2022
Destination $153M Brazil
2021 - 2022
FASTEST GROWING MARKET $153MBrazil
2022
PRODUCT COMPLEXITY IN Pharmaceutical products1.38Rnk 75 / 1025
2022
Imports $3.06BWorld Rnk 39 / 226
Flag Rnk 7 / 96
2022
Origin $229MN/A
2021 - 2022
FASTEST GROWING ORIGIN $229MUnited States
2022
ECONOMIC COMPLEXITY of Argentina0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $1.15B in Pharmaceutical products, making it the 35th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 13th most exported product in Argentina. The main destination of Pharmaceutical products exports from Argentina are: Brazil ($235M), Uruguay ($159M), China ($89.6M), United States ($56.9M), and Paraguay ($51.8M).

The fastest growing export markets for Pharmaceutical products of Argentina between 2021 and 2022 were Brazil ($153M), United States ($32.2M), and Uruguay ($29M).

Imports In 2022, Argentina imported $3.06B in Pharmaceutical products, becoming the 39th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 7th most imported product in Argentina. Argentina imports Pharmaceutical products primarily from: N/A.

The fastest growing import markets in Pharmaceutical products for Argentina between 2021 and 2022 were United States ($229M), Switzerland ($69.1M), and Germany ($37.1M).

Latest Trends

Jul 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 Pharmaceutical products. 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)$1.15B
IMPORTS (2022)$3.06B
NET TRADE (2022)-$1.91B

In 2022, Argentina exported $1.15B in Pharmaceutical products. The main destinations of Argentina exports on Pharmaceutical products were Brazil ($235M), Uruguay ($159M), China ($89.6M), United States ($56.9M), and Paraguay ($51.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
Brazil$153M (186%)
United States$32.2M (131%)
Uruguay$29M (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Argentina WERE (2021 - 2022):
Argentina-$91.7M (-98%)
Colombia-$27M (-35.8%)
Panama-$4.52M (-26.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Pharmaceutical products were:
Germany $125B
Switzerland $93.8B
United States $90B
In 2022, Argentina's main importing competitors in Pharmaceutical products were:
United States $168B
Germany $71.1B
Switzerland $48.5B

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBrazil+ $98.1M
TOP IMPORT POTENTIALGermany+ $149M

Pharmaceutical products’s highest export potential is Brazil. With an export gap of $98.1M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $149M.

See methodology.

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