Global Leaders in Pharmaceutical Exports

Global pharmaceutical exports surpassed $900 billion in 2023, growing 2.3 times faster than total goods trade between 2000 and 2023, with an impressive compound annual growth rate (CAGR) of 9.7%. The European Union, including intra-EU trade, accounted for 63% of global pharmaceutical exports, with nine of the top ten exporters originating from EU member states.