Exports In 2022, Venezuela exported $3.57M in Pharmaceutical products, making it the 123rd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 34th most exported product in Venezuela. The main destination of Pharmaceutical products exports from Venezuela are: Ecuador ($1.82M), Bahamas ($350k), Nicaragua ($315k), Panama ($239k), and El Salvador ($179k).
The fastest growing export markets for Pharmaceutical products of Venezuela between 2021 and 2022 were Ecuador ($1.55M), Bahamas ($350k), and Nicaragua ($235k).
Imports In 2022, Venezuela imported $324M in Pharmaceutical products, becoming the 110th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 9th most imported product in Venezuela. Venezuela imports Pharmaceutical products primarily from: India ($110M), China ($101M), Nicaragua ($20.1M), Colombia ($16.2M), and United States ($11M).
The fastest growing import markets in Pharmaceutical products for Venezuela between 2021 and 2022 were China ($35.5M), India ($27.9M), and Germany ($5.45M).