Export value of pharmaceuticals from Germany 2002-2022
In 2022, approximately 122 billion euros worth of pharmaceuticals were exported from Germany, the highest value in the provided time interval. The annual value of pharmaceuticals exported from Germany has increased year-on-year since 2002, with the only exceptions being in 2009, 2011, and 2019, when the value decreased slightly.
Where are the exports going?
The United States was by far the primary destination for German pharmaceuticals exports in 2022, with an export value of nearly 26 billion euros. While Italy and the Netherlands were ranked second and third with export values of 10.7 and 9.1 billion euros, respectively.
German pharmaceutical market
The value of pharmaceuticals imported into Germany was approximately 83.4 billion euros in 2022. This means Germany has a positive trade balance in the pharmaceutical market as its exports are worth more than its imports. Additionally, the German pharmaceutical market generated revenues of over 52 billion euros in 2022, which made it the biggest pharmaceutical market in Europe.
Where are the exports going?
The United States was by far the primary destination for German pharmaceuticals exports in 2022, with an export value of nearly 26 billion euros. While Italy and the Netherlands were ranked second and third with export values of 10.7 and 9.1 billion euros, respectively.
German pharmaceutical market
The value of pharmaceuticals imported into Germany was approximately 83.4 billion euros in 2022. This means Germany has a positive trade balance in the pharmaceutical market as its exports are worth more than its imports. Additionally, the German pharmaceutical market generated revenues of over 52 billion euros in 2022, which made it the biggest pharmaceutical market in Europe.
