2023
Exports
$39.5BWorld Rnk 8 / 225
Flag Rnk 5 / 96
2023
PRODUCT COMPLEXITY IN Pharmaceutical products
1.25Rnk 89 / 1025
2023
Imports
$36.4BWorld Rnk 6 / 226
Flag Rnk 5 / 96
2023
ECONOMIC COMPLEXITY of France
1.34Rnk 16 / 132

About

Exports In 2023, France exported $39.5B in Pharmaceutical products, making it the 8th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 5th most exported product in France. The main destination of Pharmaceutical products exports from France are: Germany ($4.38B), Belgium ($4.09B), United States ($4.01B), Italy ($2.53B), and China ($2.41B).

The fastest growing export markets for Pharmaceutical products of France between 2022 and 2023 were United States ($485M), China ($253M), and Denmark ($213M).

Imports In 2023, France imported $36.4B in Pharmaceutical products, becoming the 6th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 5th most imported product in France. France imports Pharmaceutical products primarily from: Germany ($5.78B), Netherlands ($5.36B), Belgium ($4.02B), Ireland ($3.71B), and South Korea ($2.33B).

The fastest growing import markets in Pharmaceutical products for France between 2022 and 2023 were South Korea ($2.15B), Netherlands ($1.77B), and Ireland ($1.14B).

COMPANIES In 2023, leading companies such as L'Oreal (32) and Givaudan Fragrances (1) were at the forefront of shipping Pharmaceutical products 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 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 (2023)$39.5B
IMPORTS (2023)$36.4B
NET TRADE (2023)$3.02B

In 2023, France exported $39.5B in Pharmaceutical products. The main destinations of France exports on Pharmaceutical products were Germany ($4.38B), Belgium ($4.09B), United States ($4.01B), Italy ($2.53B), and China ($2.41B).

In 2023, France imported $36.4B in Pharmaceutical products, mainly from Germany ($5.78B), Netherlands ($5.36B), Belgium ($4.02B), Ireland ($3.71B), and South Korea ($2.33B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR France WERE (2022 - 2023):
United States$485M (13.8%)
China$253M (11.7%)
Denmark$213M (45.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY France WERE (2022 - 2023):
Belgium-$607M (-12.9%)
Italy-$495M (-16.4%)
South Korea-$136M (-30.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, France's main exporting competitors in Pharmaceutical products were:
In 2023, France's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.54B
TOP IMPORT POTENTIALGermany+ $3.03B

Pharmaceutical products’s highest export potential is Germany. With an export gap of $2.54B.   Pharmaceutical products’s highest import potential is Germany with an import gap of $3.03B.

See methodology.

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