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Who buys the United States’ medicines? Export destinations 2024

In 2024, the United States exported $40.7 billion of medicines (150 thousand tonnes), 8.4% of the world total. Its main destinations were Spain (11%), Canada (9%) and Germany (9%). The United States was the world’s 4th-largest exporter of medicines.

Summary

Value
$40.7billion
Tonnes
150thousand tonnes
Share of world total
8.4%
World rank
4th
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
Spain4.4Tonnes: 1,288USD per tonne: $3,399,05910.8%Air
Canada3.6Tonnes: 41,515USD per tonne: $86,8428.9%Land
Germany3.5Tonnes: 3,516USD per tonne: $993,3248.6%Air
Japan3.4Tonnes: 4,668USD per tonne: $738,2218.5%Air
Belgium re-exports3.3Tonnes: 2,069USD per tonne: $1,575,0128%Air
United Kingdom2.5Tonnes: 3,885USD per tonne: $647,9446.2%Air
China2.4Tonnes: 9,656USD per tonne: $251,5366%Air
France2.2Tonnes: 1,839USD per tonne: $1,171,3245.3%Air
Mexico1.3Tonnes: 15,961USD per tonne: $79,8523.1%Land
Brazil1.2Tonnes: 2,821USD per tonne: $414,4742.9%Air
Switzerland1Tonnes: 856USD per tonne: $1,172,7732.5%Air
South Korea0.94Tonnes: 3,219USD per tonne: $291,2562.3%Air
Netherlands re-exports0.93Tonnes: 2,001USD per tonne: $464,5292.3%Air
Australia0.88Tonnes: 3,831USD per tonne: $230,7372.2%Air
Saudi Arabia0.68Tonnes: 1,919USD per tonne: $352,3561.7%Air
Ireland0.66Tonnes: 640USD per tonne: $1,028,2661.6%Air
United Arab Emirates0.5Tonnes: 1,496USD per tonne: $331,7031.2%Air
Taiwan0.48Tonnes: 1,892USD per tonne: $255,7341.2%Air
Poland0.45Tonnes: 702USD per tonne: $643,4331.1%Air
Turkey0.44Tonnes: 1,237USD per tonne: $353,1481.1%Air

Trend

Who it sells to

Spain has been its main destination since 2022

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

  • Spain 4.4
  • Canada 3.6
  • Germany 3.5
  • Japan 3.4
  • Belgium 3.3

Source: CEPII BACI

Show the numbers
Partner19952024
Spain0.024.4
Canada0.63.6
Germany0.223.5
Japan0.183.4
Belgium0.073.3

Sources and methodology

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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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