Trade balance of pharma products in Mexico 2014-2023

Published by
Jennifer Mendoza,
Jul 19, 2024

In 2023, Mexican imports of pharmaceutical products exceeded its exports by around 5.4 billion U.S. dollars, the largest deficit reported during the period analyzed. A year earlier, the North American nation reported a trade deficit of about four billion U.S. dollars in the pharmaceuticals segment. The market value of Mexico's pharmaceutical industry amounted to approximately 8.51 billion U.S. dollars in 2021.

Trade balance of pharmaceutical products in Mexico from 2014 to 2023 (in billion U.S. dollars)

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Sources

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Release date

July 2024

Region

Mexico

Survey time period

2014 to 2023

Supplementary notes

The source does not provide an exact publication date. The release date is the date of access.


Figures have been rounded.

Figures prior to 2019 were retrieved from previous reporting. 

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