Drugs and Medicine Exports by Country

By | May 4, 2017
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Drugs and medicine exports by country totaled US$322.1 billion in 2015, down by an average -0.6% for all drugs and medicine shippers over the five-year period starting in 2011. The value of global drugs and medicine exports dipped more dramatically by -5% from 2014 to 2015.

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Among continents, European countries accounted for the highest dollar value worth of drugs and medicine exports during 2015 with shipments amounting to $253.7 billion or 78.8% of the global total. In second place were North American exporters at 10.2% while 9.4% of worldwide drugs and medicine shipments originated from Asia.

Below are the 15 countries that exported the highest dollar value worth of drugs and medicine during 2015:

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  1. Germany: US$48.9 billion (15.2% of total drugs and medicines exports)
  2. Switzerland: $34.5 billion (10.7%)
  3. Belgium: $27.3 billion (8.5%)
  4. United States: $24.6 billion (7.7%)
  5. United Kingdom: $24.2 billion (7.5%)
  6. France: $22.7 billion (7%)
  7. Ireland: $21.8 billion (6.8%)
  8. Italy: $18.5 billion (5.8%)
  9. Netherlands: $15.7 billion (4.9%)
  10. India: $11.2 billion (3.5%)
  11. Spain: $8.2 billion (2.5%)
  12. Canada: $6.5 billion (2%)
  13. Sweden: $6 billion (1.9%)
  14. Singapore: $5.1 billion (1.6%)
  15. Austria: $4.9 billion (1.5%)

Among the above countries, the fastest-growing drugs and medicines exporters since 2011 were:

  1. Canada (up 62.5%),
  2. India (up 60.4%),
  3. Netherlands (up 25.9%) and
  4. Singapore (up 20.7%).

Those countries that posted declines in their exported drugs and medicines sales were led by: Belgium (down -21.8%), Austria (down -17.6%), Sweden (down -15%) and France (down -14.3%). The listed 15 countries shipped 87% of all drugs and medicine exports in 2015 (by value).

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