Imports and Exports of Pharmaceuticals Turned to Western Medicine Preparations and Medical Devices as "Exotic Flowers"

Business Club November 23 The Chinese Chamber of Commerce for the Import and Export of Medicines and Health Products announced yesterday the third quarter of the import and export trade of Chinese medicine and health products. Among them, Western medicine preparations and medical equipment products continue to maintain rapid growth and become a bright spot in the industry.

In the third quarter of 2010, China's import and export of medicines and health products amounted to US$156.86 billion, an increase of 23.09% year-on-year, with an export value of US$10.213 billion, which represented a year-on-year increase of 21.83%, an import value of US$5.472 billion, a year-on-year increase of 25.51%, and an import and export growth rate of two. The rapid growth in the quarter turned to the current modest growth.

According to relevant persons from the Chamber of Commerce, the main factor in the shift in trade in the third quarter was that, on the one hand, the import and export of medical insurance during the same period last year has recovered from the impact of the financial crisis, which has pushed up the year-on-year basis; on the other hand, the European and American markets are my medicines. Major export markets for products, the economic recovery in the region has been postponed, and the devaluation of currency competitiveness will directly affect the overall exports of medical and health products. At the same time, members of the Chamber of Commerce judged that the uncertainties in the current market are highlighted and it is expected that the slowdown in the growth of pharmaceutical exports in the fourth quarter will continue.

It is worth noting that, according to reports, Western medicines exports continue to maintain a relatively high growth rate, the third quarter export value of 387 million US dollars, an increase of 28.99%, the fastest growing varieties of anti-infective drugs and vitamins; Similarly, medical equipment The category of products continued to maintain rapid growth with an export value of US$3.785 billion, a year-on-year increase of 21.78%. Among them, medical dressings, disposable consumables, health care and rehabilitation supplies and other goods have been affected by rising raw material prices, and the prices of export products have been increased to varying degrees. Among them, the price of cotton wool, gauze and Bandage rose by 16.70%, and the price of unbleached cotton medical gauze rose by 16.40%.

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