China's import and export of pharmaceutical products increased slightly in 2016

[China Pharmaceutical network industry trends] how about the export of traditional Chinese medicine in 2016? On February 17, China Chamber of Commerce for import and export of medical and health care products held a press conference on the situation of pharmaceutical trade According to the statistics of China Customs, the import and export volume of Chinese pharmaceutical products increased slightly in 2016, with the import and export volume of traditional Chinese medicine products reaching 4.6 billion US dollars, accounting for 4.45% of the total import and export volume of pharmaceutical products The export volume of traditional Chinese medicine products reached 3.426 billion US dollars, down 9.13% year on year, and the import volume reached 1.174 billion US dollars, up 14% year on year .50% (picture source: Baidu picture) in 2016, the export of traditional Chinese medicine products, including traditional Chinese medicine and decoction pieces, proprietary Chinese medicine, extract and health care products, all fell into negative growth, with the export volume and export volume "double drop" The export value of health care products reached US $249 million, down 13.22% year on year; the export value of extract reached US $1.927 billion, down 10.93% year on year; the export value of Chinese patent medicine reached US $225 million, down 13.94% year on year; the export value of Chinese herbal medicine and decoction pieces reached US $1.025 billion, down 3.13% year on year The export volume of extract accounts for 56.2% of the total export volume of TCM products In 2016, the export volume of extract decreased by 14.3% year on year, and the export volume decreased by 10.9% year on year, which is the main reason for the negative growth of TCM export In 2016, China's import and export of medical and health care products reached US $103.4 billion, up 0.73% year on year Among them, the export was US $55.4 billion, down 1.82%, the import was US $48 billion, up 3.83%, and the foreign trade surplus was US $7.4 billion, down 27.3% Foreign trade in medicine increased by 7.12%, export by 4.41%, import by 10.42%, leading the overall level of China's foreign trade.