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2022
Exports $1.64BWorld Rnk 31 / 223
Flag Rnk 28 / 96
2022
Destination $149M United States
2021 - 2022
FASTEST GROWING MARKET $149MChina
2022
PRODUCT COMPLEXITY IN Pharmaceutical products1.38Rnk 75 / 1025
2022
Imports $9.1BWorld Rnk 19 / 226
Flag Rnk 8 / 96
2022
Origin $271M United States
2021 - 2022
FASTEST GROWING ORIGIN $271MBelgium
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.64B in Pharmaceutical products, making it the 31st largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 28th most exported product in Brazil. The main destination of Pharmaceutical products exports from Brazil are: United States ($196M), China ($189M), Argentina ($103M), Mexico ($93.5M), and Colombia ($81.5M).

The fastest growing export markets for Pharmaceutical products of Brazil between 2021 and 2022 were China ($149M), Egypt ($24.7M), and Uruguay ($21.6M).

Imports In 2022, Brazil imported $9.1B in Pharmaceutical products, becoming the 19th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 8th most imported product in Brazil. Brazil imports Pharmaceutical products primarily from: United States ($1.61B), Belgium ($1.18B), Switzerland ($1.12B), Germany ($1.09B), and China ($466M).

The fastest growing import markets in Pharmaceutical products for Brazil between 2021 and 2022 were Belgium ($271M), Germany ($241M), and Switzerland ($173M).

COMPANIES In 2023, leading companies such as CNH Industrial (1) and Dole Fresh Fruit (1) were at the forefront of shipping Pharmaceutical products from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Pharmaceutical products exports accounted up to $115M and imports accounted up to $1.11B, resulting in a negative trade balance of $994M. Between October 2023 and October 2024 the exports of Brazil's   Pharmaceutical products have increased by $25.9M (29%) from $89.4M to $115M, while imports increased by $238M (27.4%) from $871M to $1.11B.

Destinations In October 2024, Pharmaceutical products were exported mostly to Argentina ($11.6M), United States ($9.94M), Colombia ($9.25M), Puerto Rico ($8.54M), and France ($6.84M), and were imported mostly from United States ($173M), Germany ($137M), Switzerland ($123M), Italy ($75M), and Puerto Rico ($74M).

Growth In October 2024, the increase in Pharmaceutical products's year-by-year exports was explained primarily by an increase in exports to Spain ($2.03M or 106%), Uruguay ($1.97M or 223%), and Puerto Rico ($1.69M or 97.1%). In October 2024, the increase in Pharmaceutical products's year-by-year imports was explained primarily by an increase in imports from Belgium ($240M or 229%), Germany ($53.8M or 66%), and Italy ($35.4M or 117%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$25.9M(29%)
IMPORT GROWTH (October 2023 - October 2024)$238M(27.4%)
MAIN EXPORTER (October 2024)São Paulo$78M
MAIN DESTINATION (October 2024)Argentina$11.6M

This section shows Pharmaceutical products's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Pharmaceutical products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.64B
IMPORTS (2022)$9.1B
NET TRADE (2022)-$7.46B

In 2022, Brazil exported $1.64B in Pharmaceutical products. The main destinations of Brazil exports on Pharmaceutical products were United States ($196M), China ($189M), Argentina ($103M), Mexico ($93.5M), and Colombia ($81.5M).

In 2022, Brazil imported $9.1B in Pharmaceutical products, mainly from United States ($1.61B), Belgium ($1.18B), Switzerland ($1.12B), Germany ($1.09B), and China ($466M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
China$149M (372%)
Egypt$24.7M (207%)
Uruguay$21.6M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Brazil WERE (2021 - 2022):
Czechia-$17.7M (-69.4%)
Germany-$14.5M (-48.1%)
Sweden-$9.71M (-97.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Pharmaceutical products were:
Germany $125B
Switzerland $93.8B
United States $90B
In 2022, Brazil'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
View
TOP EXPORT POTENTIALUnited States+ $195M
TOP IMPORT POTENTIALGermany+ $439M

Pharmaceutical products’s highest export potential is United States. With an export gap of $195M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $439M.

See methodology.

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