Exports In 2022, Iceland exported $56.3M in Pharmaceutical products, making it the 85th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 12th most exported product in Iceland. The main destination of Pharmaceutical products exports from Iceland are: United Kingdom ($17.6M), Switzerland ($13.7M), United States ($5.77M), Canada ($5.63M), and Germany ($4.52M).
The fastest growing export markets for Pharmaceutical products of Iceland between 2021 and 2022 were United Kingdom ($14.3M), Switzerland ($11.5M), and Canada ($5.59M).
Imports In 2022, Iceland imported $191M in Pharmaceutical products, becoming the 125th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 11th most imported product in Iceland. Iceland imports Pharmaceutical products primarily from: Denmark ($63.8M), Sweden ($26.3M), Germany ($25M), Netherlands ($10M), and Switzerland ($9.05M).
The fastest growing import markets in Pharmaceutical products for Iceland between 2021 and 2022 were Spain ($4.12M), Germany ($3.38M), and Poland ($2.55M).