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Who buys Belgium’s medicines? Export destinations 2024

In 2024, Belgium exported $22.2 billion of medicines (172 thousand tonnes), 4.6% of the world total. Its main destinations were the United States (21%), Italy (19%) and the Netherlands (9%). Belgium was the world’s 9th-largest exporter of medicines.

Summary

Value
$22.2billion
Tonnes
172thousand tonnes
Share of world total
4.6%
World rank
9th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States4.6Tonnes: 7,254USD per tonne: $627,34220.5%Air
Italy4.1Tonnes: 12,359USD per tonne: $334,52518.7%Air
Netherlands re-exports2.1Tonnes: 40,618USD per tonne: $50,7639.3%Land
Germany0.97Tonnes: 8,912USD per tonne: $108,5614.4%Land
Russia0.85Tonnes: 5,097USD per tonne: $166,1353.8%Air
Spain0.8Tonnes: 3,480USD per tonne: $228,9463.6%Air
Luxembourg0.6Tonnes: 3,294USD per tonne: $181,2502.7%Land
France0.6Tonnes: 6,913USD per tonne: $86,0942.7%Land
China0.58Tonnes: 4,033USD per tonne: $142,8122.6%Air
Sweden0.54Tonnes: 5,815USD per tonne: $93,6972.5%Air
Hungary0.5Tonnes: 4,981USD per tonne: $100,8412.3%Air
United Kingdom0.5Tonnes: 5,021USD per tonne: $98,8232.2%Air
Japan0.38Tonnes: 835USD per tonne: $458,4071.7%Air
Romania0.34Tonnes: 1,385USD per tonne: $245,1671.5%Air
Portugal0.3Tonnes: 741USD per tonne: $405,2381.4%Air
Canada0.3Tonnes: 1,449USD per tonne: $206,1041.4%Air
Greece0.3Tonnes: 2,423USD per tonne: $122,3261.3%Air
Hong Kong re-exports0.29Tonnes: 3,076USD per tonne: $94,1971.3%Air
Switzerland0.27Tonnes: 799USD per tonne: $333,9431.2%Air
Australia0.21Tonnes: 6,086USD per tonne: $35,3150.97%Sea

Trend

Who it sells to

The United States has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • United States 4.6
  • Italy 4.1
  • Netherlands 2.1
  • Germany 0.97
  • Russia 0.85

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.074.6
Italy0.094.1
Netherlands0.282.1
Germany0.280.97
Russia0.030.85

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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