Belgium - Pharmaceutical Industry Trade Balance

Since 2013, Belgium Pharmaceutical Industry Trade Balance decreased by 1.1% year on year. In 2018, the country was number 6 among other countries in Pharmaceutical Industry Trade Balance at $8,188.18 Million. Belgium is overtaken by Denmark, which was number 5 at $11,236.97 Million and is followed by Singapore with $6,164.81 Million. Switzerland ranked the highest with $48,991.06 Million in 2019, that is an increase of 3% compared to 2018. Ireland, Germany and Netherlands respectively ranked number 2, 3 and 4 in this ranking. Iceland witnessed the best average annual growth at +30.9% per year, while Austria recorded the worst performance at -28.8% per year.

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Date Million US Dollars
2018 8,188.18
2017 9,045.93
2016 8,230.14
2015 7,654.83
2014 10,509.90
Download all data from 1981 to 2018

How does Belgium rank in Pharmaceutical Industry Trade Balance?

# 43 Countries Million US Dollars Last YoY 5‑years CAGR
1 #1
Switzerland
48,991.06 2019 +3.0 % +3.5 % View data
2 #2
Ireland
41,314.76 2018 +38.3 % +13.3 % View data
5 #5
Denmark
11,236.97 2019 +1.4 % +6.4 % View data
6 #6
Belgium
8,188.18 2018 -9.5 % -1.1 % View data
7 #7
Singapore
6,164.81 2018 +56.6 % +2.9 % View data
Compare all 43 countries

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