Leading destination countries of pharmaceutical exports from Germany 2022
In 2022, the leading destination for pharmaceuticals from Germany was the United States with an import value of around 26 billion euros. Italy followed, importing pharmaceuticals from Germany valued at approximately 10.7 billion euros.
Rising amount of exports from Germany
Pharmaceutical exports from Germany amounted to almost 122 billion euros in 2022. Pharma exports have generally climbed year-on-year since 2002, when the export value was approximately 18.8 billion euros. Meaning the export value of pharmaceuticals has increased more than six-fold in the 20-year period
Strength of the German pharmaceutical market
The value of pharmaceuticals imported into Germany was approximately 83 billion euros in 2022. This results in Germany having a positive trade balance in pharmaceuticals since its exports are worth significantly more than the value of imports. Furthermore, the German pharmaceutical market generated revenues of some 52 billion euros in 2022, which made it the leading pharmaceutical market in Europe.
Rising amount of exports from Germany
Pharmaceutical exports from Germany amounted to almost 122 billion euros in 2022. Pharma exports have generally climbed year-on-year since 2002, when the export value was approximately 18.8 billion euros. Meaning the export value of pharmaceuticals has increased more than six-fold in the 20-year period
Strength of the German pharmaceutical market
The value of pharmaceuticals imported into Germany was approximately 83 billion euros in 2022. This results in Germany having a positive trade balance in pharmaceuticals since its exports are worth significantly more than the value of imports. Furthermore, the German pharmaceutical market generated revenues of some 52 billion euros in 2022, which made it the leading pharmaceutical market in Europe.
