List of countries by pharmaceutical exports


The following is a list of countries by pharmaceutical exports
Global sales from exported drugs and medicines by country total US$371.3 billion in 2018.
Overall the value of drugs and medicine exports grew by an average 5.8% for all exporting countries since 2014 when drugs and medicines shipments were valued at $344.1 billion. Year over year, there was a 7.9% uptick from 2017 to 2018.
Among continents, European countries sold the highest dollar value worth of exported drugs and medicines during 2018 with shipments from Europe totaling $295.8 billion or 79.7% of the global total. In second place were Asian pharmaceutical exporters at 10.7% while 8.1% of worldwide drugs and medicine shipments originated from North America.
Smaller percentages came from drugs and medicines suppliers in Latin America excluding Mexico but including the Caribbean, Oceania led by Australia and New Zealand, then Africa.
The 4-digit Harmonized Tariff System code prefixes for drugs and medicines are:
= Drugs and Medicine Exports by Country in 2018 =

Countries

Below are the 15 countries that exported the highest dollar value worth of drugs and medicines during 2018.
  1. Germany: US$62.3 billion
  2. Switzerland: $45.3 billion
  3. Belgium: $27.8 billion
  4. France: $25.9 billion
  5. United States: $22 billion
  6. Ireland: $21.7 billion
  7. United Kingdom: $19.7 billion
  8. Italy: $19.6 billion
  9. Netherlands: $16.8 billion
  10. India: $14.8 billion
  11. Denmark: $13 billion
  12. Spain: $9 billion
  13. Canada: $6.8 billion
  14. Sweden: $6.7 billion
  15. Austria: $5.5 billion
By value, the listed 15 countries shipped 85% of all exported drugs and medicine for 2018.
Among the above countries, the fastest-growing exporters of drugs and medicines since 2014 were: Denmark, Switzerland, India and Germany.
Those countries that posted declines in their exported drugs and medicines sales were led by: United Kingdom, United States, Italy, Belgium and Austria.

2014

Data is for 2014, in billions of United States dollars, as reported by The Observatory of Economic Complexity. Currently the top ten countries are listed, which account for more than 75% of the total market value, estimated to be $US 354 billions.
Note: The total was calculated excluding the figures for individual member states in order to avoid double-counting.