Turkey - Pharmaceutical Industry Trade Balance
Since 2014, Turkey Pharmaceutical Industry Trade Balance decreased by 0.2% year on year. At -$3,826.16 Million in 2019, the country was ranked number 38 among other countries in Pharmaceutical Industry Trade Balance. Turkey is overtaken by South Korea, which was number 37 at -$3,420.36 Million and is followed by Australia at -$4,767.82 Million. Switzerland lead the ranking with $53,970.94 Million in 2019, an increase of 13.5% compared to 2018. Ireland, Germany and Denmark respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +26.5% per year, while Israel was the worst growing country at -45.7% per year.
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| Date | Million US Dollars |
|---|---|
| 2019 | -3,826.16 |
| 2018 | -3,553.04 |
| 2017 | -3,857.14 |
| 2016 | -3,635.88 |
| 2015 | -3,656.29 |
Download all data from 1981 to 2019
How does Turkey rank in Pharmaceutical Industry Trade Balance?
| # | 44 Countries | Million US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
53,970.94 | 2019 | +13.5 % | +5.5 % | View data | |
| 2 |
#2
Ireland
|
47,210.04 | 2019 | +14.3 % | +15.1 % | View data | |
| 37 |
#37
South Korea
|
-3,420.36 | 2019 | +4.2 % | -0.1 % | View data | |
| 38 |
#38
Turkey
|
-3,826.16 | 2019 | +7.7 % | -0.2 % | View data | |
| 39 |
#39
Australia
|
-4,767.82 | 2019 | -9.9 % | -5.1 % | View data | |