echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Biochemistry News > Plant Extracts News > 2010 highlights of China's pharmaceutical export to Russia

    2010 highlights of China's pharmaceutical export to Russia

    • Last Update: 2011-03-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    March 10, 2010: the pharmaceutical trade between China and Russia reappeared a new bright spot: the total import and export volume of the whole year was 675 million US dollars, a year-on-year increase of 32%, among which the export reached a new high of 630 million US dollars, a year-on-year increase of 39% The export of Western medicine products increased significantly In 2010, the export of Chinese Western medicine products to Russia reached 384 million US dollars, an increase of 33% year on year Among them, western medicine raw materials are still the main export varieties to Russia, accounting for more than 50% of the total, with an export amount of 331 million US dollars, up 29% year on year The main export varieties are amino acids, antibiotics and anti infection It is worth mentioning that the export of Western pharmaceutical preparations reached US $20.43 million, an increase of 65% year-on-year Russia has also become one of the major countries exporting western pharmaceutical preparations for the first time With more preparations of our country passing Russian drug registration and price advantages, the export of Western medicine preparations is expected to reach 30 million US dollars in 2011 The export of traditional Chinese medicine products to Russia is still unstable, and the export of traditional Chinese medicine products to Russia is 7.11 million US dollars, up 50% year-on-year However, the proportion of traditional Chinese medicine in the export of pharmaceutical products to Russia is the smallest, only about 1%, and the export situation is not stable enough, which often leads to the phenomenon of trade surge or sharp decline For example, the export of Chinese patent medicine, Chinese herbal medicine and decoction pieces decreased in varying degrees due to the large increase in the price of Chinese herbal medicine in China last year, and the instability of the import caravan is also a factor affecting the export In 2010, the export of plant extracts increased greatly, with the export volume of US $3.3945 million, an increase of 284.64% year on year, which has become a new bright spot in the export of traditional Chinese medicine products in recent years It is understood that the actual export amount of plant extracts from China to Russia is far more than that because some enterprises do not declare their exports according to the code of plant extracts In recent years, the export growth of medical devices to Russia has accelerated In 2010, exports reached 238 million US dollars, up 48% year on year The export of high value-added hospital diagnosis and treatment equipment has sprung up, with the export volume breaking the $100 million mark for the first time, up 59% year on year With the further improvement of Russia's health care system and the continuous updating of medical institutions and equipment, the demand for my medical devices will further increase Pharmaceutical market capacity further increased At present, Russia's financial and economic situation is good Experts predict that in 2011, Russia's drug market capacity will reach 400-500 billion rubles, and the per capita (considering population growth) drug consumption level will reach the European average level According to the long-term social and economic development plan of the Russian Federation before 2020, the scale of Russia's drug market will reach 1.5 trillion rubles before 2020 。 Suggestions for opening up the Russian market: Russia, Kazakhstan and Belarus have reached an agreement on tariff Union Among them, the customs clearance of health products in the three countries has become more convenient (except for drugs), and it is permanent and effective, which provides convenience for more Chinese medicine enterprises to enter the Russian market and even the CIS market Our traditional Chinese medicine enterprises can not always hold the idea of re registration with customers We should seize the opportunity to register products first, obtain the pass to enter the Russian market, and make preparations as early as possible Without violating the laws of Russia, the marketing of traditional Chinese medicine health care products can be publicized and sold by direct selling, or it can cooperate with the local senior health club to promote the products In order to develop the Russian market, it is necessary for enterprises to study the market and conquer it slowly Many enterprises in China have developed for 5 or 10 years and have made achievements Therefore, some enterprises said: "to deal with the Russian market, or simply do not touch, to touch slowly, it needs to be specific and patient." Looking at the pharmaceutical trade between China and Russia in recent ten years, before 2006, the pharmaceutical trade between China and Russia was in a continuous deficit In recent five years, the pharmaceutical trade between China and Russia has reached double-digit export growth, and the potential of Russia as a new pharmaceutical market has been highlighted in recent years The medical trade between China and Russia has entered the track of healthy development The increasing demand of Russian drug market and the attention of local people to health care provide more opportunities for Chinese enterprises As long as Chinese enterprises speed up the pace of product registration and strengthen the contact and communication with Russian customers, they can certainly achieve something.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.