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Who buys Switzerland’s medicines? Export destinations 2024

In 2024, Switzerland exported $43.9 billion of medicines (96 thousand tonnes), 9% of the world total. Its main destinations were the United States (29%), Slovenia (14%) and Germany (8%). Switzerland was the world’s 2nd-largest exporter of medicines.

Summary

Value
$43.9billion
Tonnes
96thousand tonnes
Share of world total
9%
World rank
2nd
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 States12.7Tonnes: 9,011USD per tonne: $1,406,36428.9%Air
Slovenia6.2Tonnes: 867USD per tonne: $7,192,46714.2%Air
Germany3.6Tonnes: 25,972USD per tonne: $137,4668.1%Land
Italy2.4Tonnes: 4,759USD per tonne: $505,1965.5%Land
China2.3Tonnes: 3,344USD per tonne: $698,7295.3%Air
Japan1.5Tonnes: 689USD per tonne: $2,244,9443.5%Air
Belgium re-exports1.1Tonnes: 1,526USD per tonne: $712,7642.5%Air
Russia0.97Tonnes: 3,673USD per tonne: $264,8642.2%Air
France0.88Tonnes: 3,063USD per tonne: $288,0402%Land
Romania0.78Tonnes: 929USD per tonne: $835,9451.8%Air
United Kingdom0.7Tonnes: 2,386USD per tonne: $293,8781.6%Air
Egypt0.67Tonnes: 2,266USD per tonne: $297,5601.5%Air
Netherlands re-exports0.67Tonnes: 2,427USD per tonne: $274,1731.5%Air
Spain0.65Tonnes: 2,920USD per tonne: $223,4131.5%Air
Canada0.63Tonnes: 2,667USD per tonne: $237,6071.4%Air
Poland0.46Tonnes: 1,147USD per tonne: $398,1831%Air
Israel0.39Tonnes: 426USD per tonne: $909,7670.88%Air
Mexico0.38Tonnes: 471USD per tonne: $814,4410.87%Air
Austria0.38Tonnes: 1,282USD per tonne: $298,4850.87%Land
Brazil0.36Tonnes: 602USD per tonne: $604,1030.83%Air

Trend

Who it sells to

The United States has been its main destination since 2009

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

  • United States 12.7
  • Slovenia 6.2
  • Germany 3.6
  • Italy 2.4
  • China 2.3

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.3712.7
Slovenia0.026.2
Germany0.583.6
Italy0.532.4
China0.042.3

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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