India is the _____ largest producer of medicines in the world and is also a large exporter of medicines.
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Answer:
Below are the 15 countries that exported the highest dollar value worth of drugs and medicines during 2019.
Germany: US$56.9 billion (14.5% of exported drugs and medicines)
Switzerland: $47.8 billion (12.2%)
Netherlands: $31.1 billion (7.9%)
Belgium: $29 billion (7.4%)
France: $26.6 billion (6.8%)
Italy: $24.8 billion (6.3%)
United States: $24.3 billion (6.2%)
United Kingdom: $18.3 billion (4.7%)
Ireland: $17.9 billion (4.6%)
Denmark: $15.5 billion (4%)
India: $14.8 billion (3.8%)
Spain: $10.1 billion (2.6%)
Sweden: $8.2 billion (2.1%)
Canada: $7.5 billion (1.9%)
Austria: $5.8 billion (1.5%)
By value, the listed 15 countries shipped 86.2% of all exported drugs and medicine for 2019.
Among the above countries, the fastest-growing exporters of drugs and medicines since 2015 were: Denmark (up 485.1%), Netherlands (up 60%), Italy (up 47.3%) and Switzerland (up 38.2%).
Three countries posted declines in their exported drugs and medicines sales over the 5-year period. They were the United Kingdom (down -26.7%), Ireland (down -18.9%) and United States (down -6.1%)
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