Belgium - Pharmaceutical Industry Trade Balance
Since 2014, Belgium Pharmaceutical Industry Trade Balance decreased by 4.8% year on year. At $8,206.86 Million in 2019, the country was number 6 among other countries in Pharmaceutical Industry Trade Balance. Belgium is overtaken by Netherlands, which was number 5 at $11,543.5 Million and is followed by France at $7,307.55 Million. Switzerland ranked the highest 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.
| Date | Million US Dollars |
|---|---|
| 2019 | 8,206.86 |
| 2018 | 8,188.18 |
| 2017 | 9,045.93 |
| 2016 | 8,230.14 |
| 2015 | 7,654.83 |
Download all data from 1981 to 2019
How does Belgium 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 | |
| 5 |
#5
Netherlands
|
11,543.50 | 2019 | -1.2 % | +11.0 % | View data | |
| 6 |
#6
Belgium
|
8,206.86 | 2019 | +0.2 % | -4.8 % | View data | |
| 7 |
#7
France
|
7,307.55 | 2019 | +36.1 % | +16.4 % | View data | |