Canada - Pharmaceutical Industry Trade Balance
Since 2014, Canada Pharmaceutical Industry Trade Balance rose 1.7% year on year. In 2019, the country was ranked number 40 comparing other countries in Pharmaceutical Industry Trade Balance with -$6,595.81 Million. Canada is overtaken by Australia, which was ranked number 39 at -$4,767.82 Million and is followed by Russia at -$10,146.42 Million. Switzerland topped the ranking with $53,970.94 Million in 2019, that is an increase of 13.5% compared to 2018. Ireland, Germany and Denmark respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +26.5% per year, while Israel recorded the worst performance at -45.7% per year.
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| Date | Million US Dollars |
|---|---|
| 2019 | -6,595.81 |
| 2018 | -5,914.38 |
| 2017 | -6,445.93 |
| 2016 | -3,900.21 |
| 2015 | -4,715.18 |
Download all data from 1981 to 2019
How does Canada 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 | |
| 39 |
#39
Australia
|
-4,767.82 | 2019 | -9.9 % | -5.1 % | View data | |
| 40 |
#40
Canada
|
-6,595.81 | 2019 | +11.5 % | +1.7 % | View data | |
| 41 |
#41
Russia
|
-10,146.42 | 2018 | -2.3 % | -6.6 % | View data | |