Austria's Medicaments Exports Overview

 

Austria's Medicaments Exports Overview

Medicaments are the most exported products of Austria. Austria is the 18th leading exporter of medicaments around the world. According to the Austria export data, over 6 billion worth of medicaments were exported from Austria during fiscal year 2022. Some of the prominent pharmaceutical products exports from Austria include Human/Animal blood, Vaccines, packaged medicines, pharmaceutical preparations, glands and extracts.

The top destinations for Austria's medicaments exports were the United States, Germany, Italy, Vietnam and Denmark. There were some noticeable amounts of Austria’s medicaments exports to Croatia, France, Switzerland, Brazil and the Netherlands. The United States was the top importer of medicaments from Austria with over 17% market share. Whereas, Germany and Italy had 16% and 13% share respectively.


Human/Animal blood and vaccines are top most pharmaceutical exports from Austria with worth over 6.38 billion euros in FY 2022. Belgium, Russia, Germany, Switzerland, Slovakia, and Netherlands are the top destinations for Austria's human and animal blood exports during 2022. Baxalta, Octapharma Pharmazeutika, Sandoz, Takeda Austria and Astra Logistics are the top suppliers of human and animal blood.


Glands and extracts are other major pharmaceutical exports from Austria. Austria customs data shows that over 40,000 dollars worth of glands and extracts were made during FY 2022. Turkey was the main market for  Austria's glands and extracts imports having over 60% share. Whereas, Chile, India and Russia were other major markets for Austria's glands and extracts exports. 


Whereas, Austria stands 15th on the list of top pharmaceutical products exporters in the world. It is the 4th most exported goods from Austria. In FY 2022, Austria's top markets for pharmaceutical exports were Germany, Switzerland, Poland, Belgium and the United States. Austria's total pharma exports were around $15 billion during last year.


The leading pharma companies from Austria are Ever Neuro Pharma, Sandoz Pharmaceuticals, Acino Pharma, Schenker and Interlab GMBH. Whereas, Badm LLC, Sandoz Ukraine LLC, State Enterprise Medical Procurement, Asino Ukraine and Perrigo Ukraine were the top medicaments importing companies from Ukraine last year.


On the other hand, Austria’s medicaments imports came from Spain, Sweden, Switzerland, China, and Bulgaria. As per Austria import data reports, Spain was the leading exporter to Austria having over 26% share in Austria’s overall medicaments imports during FY 2022. Sweden was the second major exporter of medicaments to Austria with 14% market share.


There was some notable amount of increase in Austria’s imports from Denmark, Germany, Netherlands, Ireland and Italy. Austria import export data shows that Pharma Logistik Austria and M/S. Ayurveda Rhyner were the top medicaments import companies from Austria during FY 2022. Austria’s overall imports of medicaments are estimated to be 4.7 million euros. 


Austria is a very lucrative market for medicaments. Austria’s medicaments exporters can extend their business with a database decision making approach. Austrian pharmaceutical firms can gain international market insights through global import export data provider companies.  


It will help you analyse global pharmaceutical market, top selling medicines, markets, pharma preparation, their price, product, quantity, buyer and supplier information. Through these business intelligence reports, you can keep an eye on your competitors. Also, you can discover potential business leads like pharmaceutical buyers from around the world with this cost-effective research tool.

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