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From January to September 2022, China's trade volume of pharmaceutical products was US$171.
523 billion, down 1.
94% year-on-year, of which imports were US$69.
743 billion, up 8.
15% year-on-year, and exports were US$101.
78 billion, down 7.
83%
year-on-year.
The decline in the export of masks and other epidemic prevention materials is the main factor leading to the decline in exports, while the export of APIs and Western medicine preparations in Western medicine products has continued to grow rapidly, showing that the position of China's pharmaceutical products in the global supply chain continues to strengthen, and the trend of China's import and export trade of pharmaceutical and health products will continue to grow in the medium and long term
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