In 2016, China's exports of medical and health care products decreased by US $55.4 billion, and imports increased by 3.83%

Source: China Chamber of Commerce for the import and export of medical and health care products announced on February 15, 2017 by economic watch According to the statistics of China Customs, the import and export volume of medical and health care products in 2016 was 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% If we exclude the influence of exchange rate and convert it into RMB, in 2016, the foreign trade of medicine increased by 7.12%, the export by 4.41%, and the import by 10.42%, leading the overall level of China's foreign trade Xu Ming, vice president of China Chamber of Commerce for the import and export of pharmaceutical and health care products, said that in 2016, due to many factors such as weak demand from major external economies, lack of power in emerging markets and increasingly fierce price competition, the import and export of Pharmaceutical Foreign Trade entered a low-speed growth period, facing difficulties and challenges that should not be underestimated At the same time, we also see that the pharmaceutical export structure is further optimized, the pace of internationalization of enterprises is accelerated, new development momentum is accumulating, and the overall development situation of pharmaceutical foreign trade is still good In the overall situation of foreign trade in 2016, the export of traditional Chinese medicine products fell across the board 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 a negative growth, with both the export volume and the export volume falling Among them, the export volume of extract accounts for 56.2% of the total export volume of traditional Chinese medicine 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 traditional Chinese Medicine export The export of Western medicine is basically the same as that in 2015 In 2016, China's import and export of Western medicine products reached US $59.87 billion, an increase of 0.87% year on year, export reached US $31.48 billion, a slight decrease of 0.05%, and import reached US $28.39 billion, an increase of 1.92% In terms of micromolecule, the export volume of bulk API is US $25.61 billion, basically the same as that in 2015, accounting for 81.34% of the export volume of Western medicine and 46.21% of the total export volume of medicine Although the export volume increased by 13.04% year-on-year, under the double blow of internal consumption and external pressure, the price dropped by 11.59%, and the increase in volume and decrease in price was the main keynote in 2016 In terms of the export of preparations, in 2016, the export of Western medicine preparations reached US $3.19 billion, a slight decrease of 0.24% In terms of export market, in 2016, the export volume of Western medicine preparations to the three major regulated markets of EU, US and Japan was 436 million US dollars, 295 million US dollars and 65 million US dollars respectively Among them, the export of preparations to the US market increased by more than 40%, achieving explosive growth The import of medical devices increased steadily, and the export structure was further optimized Among them, the export of medical devices in China is still in a growing period, and the development space is relatively large In 2016, the scale of import and export reached 38.91 billion US dollars, up 1.1% year on year Among them, the import amount was US $18.4 billion, up 6.28% year on year, leading the pharmaceutical import The export volume reached US $20.5 billion, down 3.14% year on year In the adjustment of export structure, more attention was paid to the change of quality.