Exports In 2023, Israel exported $2.28B in Pharmaceutical products, making it the 30th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 8th most exported product in Israel. The main destination of Pharmaceutical products exports from Israel are: United States ($1.29B), Germany ($224M), United Kingdom ($126M), Austria ($104M), and Belgium ($60.4M).
The fastest growing export markets for Pharmaceutical products of Israel between 2022 and 2023 were Germany ($114M), United States ($79.4M), and Austria ($33.2M).
Imports In 2023, Israel imported $3.37B in Pharmaceutical products, becoming the 37th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 6th most imported product in Israel. Israel imports Pharmaceutical products primarily from: United States ($663M), Germany ($504M), Switzerland ($346M), Ireland ($323M), and Spain ($180M).
The fastest growing import markets in Pharmaceutical products for Israel between 2022 and 2023 were United States ($432M), Germany ($188M), and Ireland ($156M).