Pharmaceuticals Import Export Data 2016 - A Global Analysis

04 July 2017

Pharmaceuticals products are a fundamental component of both modern and traditional medicine related to drug sciences. Pharmaceuticals are the 8^th most exported and imported global product. In pharmaceuticals import export business, six types of products are included and come under following HS code – 3004, 3002, 3006, 3005, 3003 and 3001. The product under HS code 3004 (Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses) are the most exported and imported pharmaceutical products.

We are discussing top importer and exporter countries of pharmaceutical products in this article. At the below of article, you will also know how to find pharmaceuticals import export data.

Pharmaceutical Export Data - Country Wise Analysis

Germany is the largest pharmaceutical exporter country in the world. It is followed by Switzerland, United States of America and Belgium. Germany’s pharmaceutical exports represent 15.3% of total export for this product. The country recorded pharmaceutical export value USD 77098405 thousand from more than 190 countries during the year 2016. USA, Netherlands and UK are its top pharmaceutical importer countries. The products under HS code 3004 (Medicaments consisting of mixed or unmixed products for therapeutic) are the most customexported pharmaceutical products by Germany.

Switzerland’s exports represent 13.4% of world exports for pharmaceutical products and stood as second largest pharmaceutical exporter country. Switzerland registered pharmaceutical export value of USD 67454988 thousand in the year 2016 while it is exporting in around 170 countries across the world. USA and Germany are its top pharmaceutical importer countries. The pharmaceutical products under HS code 3004 and HS code 3002 (human blood, animal blood prepared by therapeutic, prophylactic) are the most exported products by Switzerland during the year 2016.

Check the following table to know the top pharmaceutical exporter countries in the world.

*above stats are based on report of 2016

United States of America stood as 3^rd largest pharmaceutical exporter country in the world. It is exporting pharmaceutical products in more than 190 countries while Belgium and Netherlands are its major market.

India got 10^th rank in the list of top pharmaceutical importer countries in the world. As per the Indian Pharmaceutical exports data, it is exporting in more than 200 countries including USA, UK, South Africa, Nigeria, Russian Federation etc. India recorded pharmaceutical export value of USD 13042716 thousand during the year 2016.

Pharmaceutical Import Data - Top 10 Pharmaceutical Importer Countries

USA Pharmaceutical Imports crossed 92 Million in 2016

USA is the largest pharmaceutical importer country in the world, which recorded value of USD 92505408 thousand during the year 2016. It is followed by Germany, Belgium, UK and Switzerland. It is importing from around 90 countries across the world. USA is mainly importing pharmaceutical products from Ireland and Germany.

Germany stood as second largest pharmaceutical importer country in the world. The country registered pharmaceutical import value of USD 49096043 thousand in the year 2016 and importing from around 85 countries around the globe. Medicaments consisting of mixed or unmixed products under HS code 3004 has most imported by Germany in 2016. You can go through the following table to check the top pharmaceutical importer countries in the world with their import value.

*above stats are based on report of 2016

Looking for Pharmaceuticals Customs Data?

Pharmaceuticals are the 8^th largest global product in import export business. If you are looking for pharmaceuticals import export customs data of any particular country, go through the market research company like Export Genius. Let’s take a look at the sample data of Germany Pharmaceutical import during January 2017. You will get a fair idea about our pharmaceutical trade data.

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