Overview of the Pharmaceuticals Import of Brazil in 2023

The pharmaceuticals import industry of Brazil has acknowledged severe growth in the present days; the growing global health concern and the sturdy growth in the aging population of the nation have been facilitating the overall import market. The valuable pricing ranges offered by the trade management authorities and the stable trade relationship with some of the leading global traders have recorded a boost in the pharmaceuticals import. From 2018 onwards with a staggering import trade value of 9.5 billion US dollars the continuous progress in the import of medicines has been recorded.

The increase in domestic acquisitions regarding severe imports of foreign medicines has recorded a total import trade value of 17 billion US dollars in 2023. Import Globals with its Brazil Trade Data highlights all the leading trade insights of the country’s global trade regarding leading domestic acquisitions to help them understand the latest market trend strategies.

TOP 10 PHARMACEUTICALS IMPORT OF BRAZIL IN 2023

As per the Brazil Import Data, the top 10 pharmaceuticals imports of Brazil in 2023 are,

• Antibiotics – Import trade value of Antibiotics in Brazil 2023 – 4.8 billion US dollars.

• Cardiovascular Drugs – Import trade value of Cardiovascular Drugs  in Brazil 2023 – 3.4 billion US dollars.

• Anti-inflammatory Drugs – Import trade value of Anti-inflammatory Drugs in Brazil 2023 – 3.1 billion US dollars.

• Antiretroviral Drugs – Import trade value of Antiretroviral Drugs in Brazil 2023 – 2.8 billion US dollars.

• Vaccines – Import trade value of Vaccines in Brazil 2023 – 2.4 billion US dollars.

• Cancer Drugs – Import trade value of Cancer Drugs  in Brazil 2023 – 1.7 billion US dollars.

• Hormonal Products – Import trade value of Hormonal Products in Brazil 2023 – 1.5 billion US dollars.

• Allergy Medications – Import trade value of Allergy Medications in Brazil 2023 – 1.3 billion US dollars.

• Vaccines for Animal Use – Import trade value of Vaccines in Brazil 2023 – 1.2 billion US dollars.

• Psychiatric Drugs– Import trade value of Psychiatric Drugs in Brazil 2023 – 1.1 billion US dollars.

TOP 10 PHARMACEUTICALS IMPORTING COMPANIES OF BRAZIL IN 2023

According to the Brazil Export Data, the top 10 pharmaceuticals importing companies of Brazil in 2023 are,

• Pfizer Inc – Total valuation of pharmaceuticals import from Pfizer Inc of Brazil in 2023 – 4.21 billion US dollars.

• Novartis AG – Total valuation of pharmaceuticals import from Novartis AG of Brazil in 2023 – 3.34 billion US dollars.

• Merck & Co., Inc.: Merck & Co., Inc– Total valuation of pharmaceuticals import from Merck & Co., Inc.: Merck & Co., Inc of Brazil in 2023 – 3.27 billion US dollars.

• Sanofi S.A. – Total valuation of pharmaceuticals import from Sanofi S.A. of Brazil in 2023 – 2.78 billion US dollars.

• Roche Holding AG– Total valuation of pharmaceuticals import from Roche Holding AG of Brazil in 2023 – 2.45 billion US dollars.

• GlaxoSmithKline plc– Total valuation of pharmaceuticals import from GlaxoSmithKline plc of Brazil in 2023 – 1.87 billion US dollars.

• Takeda Pharmaceutical Company Limited– Total valuation of pharmaceuticals import from Takeda Pharmaceutical Company Limited of Brazil in 2023 – 1.65 billion US dollars.

• AstraZeneca plc – Total valuation of pharmaceuticals import from AstraZeneca plc of Brazil in 2023 – 1.42 billion US dollars.

• Bristol-Myers Squibb Company– Total valuation of pharmaceuticals import from Bristol-Myers Squibb Company of Brazil in 2023 – 1.32 billion US dollars.

• Bayer AG– Total valuation of pharmaceuticals import from Bayer AG of Brazil in 2023 – 1.28 billion US dollars.

TOP 10 PHARMACEUTICALS IMPORT TRADE PARTNERS OF BRAZIL IN 2023

The Brazil Customs Data shows the below mentioned countries as the leading import trade partners of the nation for pharmaceuticals imports in 2023,

• United States – The total import trade value of pharmaceuticals imported in Brazil from United States in 2023 – 4.09 billion US dollars.

• Germany – The total import trade value of pharmaceuticals imported in Brazil from Germany in 2023 – 3.18 billion US dollars.

• Switzerland– The total import trade value of pharmaceuticals imported in Brazil from Switzerland in 2023 – 2.76 billion US dollars.

• France – The total import trade value of pharmaceuticals imported in Brazil from France in 2023 – 1.87 billion US dollars.

• Ireland – The total import trade value of pharmaceuticals imported in Brazil from Ireland in 2023 – 1.65 billion US dollars.

• Italy – The total import trade value of pharmaceuticals imported in Brazil from Italy in 2023 – 1.47 billion US dollars.

• Belgium– The total import trade value of pharmaceuticals imported in Brazil from Belgium in 2023 – 1.38 billion US dollars.

• United Kingdom – The total import trade value of pharmaceuticals imported in Brazil from United Kingdom in 2023 – 1.29 billion US dollars.

• India – The total import trade value of pharmaceuticals imported in Brazil from India in 2023 – 1.18 billion US dollars.

• China – The total import trade value of pharmaceuticals imported in Brazil from China in 2023 – 1.09 billion US dollars.

IMPORT TRADE STATISTICS OF PHARMACEUTICALS IMPORT IN BRAZIL FOR THE LAST 10 YEARS

• Import trade value of pharmaceuticals in Brazil in 2013 – 2.87 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2014 – 3.12 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2015 – 3.45 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2016 – 4.91 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2017 – 5.67 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2018 – 6.01 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2019 – 7.14 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2020 – 7.86 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2021 – 8.05 billion US dollars.

• Import trade value of pharmaceuticals in Brazil in 2022 – 9.24 billion US dollars.

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