2023
Exports
$777MWorld Rnk 5 / 168
Flag Rnk 333 / 1215
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.55Rnk 344 / 1025
2023
Imports
$1.69BWorld Rnk 4 / 220
Flag Rnk 159 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $777M in Unpackaged Medicaments, making it the 5th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 333rd most exported product in Germany. The main destination of Unpackaged Medicaments exports from Germany are: Ireland ($104M), Greece ($68.4M), Netherlands ($64.2M), Spain ($60.8M), and China ($58.3M).

The fastest growing export markets for Unpackaged Medicaments of Germany between 2022 and 2023 were Belgium ($25.5M), Ireland ($17.9M), and Netherlands ($16.3M).

Imports In 2023, Germany imported $1.69B in Unpackaged Medicaments, becoming the 4th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 159th most imported product in Germany. Germany imports Unpackaged Medicaments primarily from: United States ($1.25B), Belgium ($90.2M), Ireland ($80.4M), Spain ($54.7M), and Denmark ($43.2M).

The fastest growing import markets in Unpackaged Medicaments for Germany between 2022 and 2023 were United States ($716M), Belgium ($82.4M), and Ireland ($76.7M).

Latest Trends

Jan 2025

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 Unpackaged Medicaments. 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)$777M
IMPORTS (2023)$1.69B
NET TRADE (2023)-$909M

In 2023, Germany exported $777M in Unpackaged Medicaments. The main destinations of Germany exports on Unpackaged Medicaments were Ireland ($104M), Greece ($68.4M), Netherlands ($64.2M), Spain ($60.8M), and China ($58.3M).

In 2023, Germany imported $1.69B in Unpackaged Medicaments, mainly from United States ($1.25B), Belgium ($90.2M), Ireland ($80.4M), Spain ($54.7M), and Denmark ($43.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Germany WERE (2022 - 2023):
Belgium$25.5M (302%)
Ireland$17.9M (20.9%)
Netherlands$16.3M (34.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Germany WERE (2022 - 2023):
United Kingdom-$27.4M (-72.5%)
Tunisia-$25.1M (-96.2%)
Mexico-$22.5M (-74.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Unpackaged Medicaments were:
In 2023, Germany's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.2M
TOP IMPORT POTENTIALSwitzerland+ $22.1M

Unpackaged Medicaments’s highest export potential is United States. With an export gap of $20.2M.   Unpackaged Medicaments’s highest import potential is Switzerland with an import gap of $22.1M.

See methodology.

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