China's export of traditional Chinese medicine to Latin American market increased significantly in 2012

In 2011, China's export of traditional Chinese medicine to Latin America reached US $196 million, an increase of 141.12% year on year Among them, the largest export is extract, accounting for 87.78% of the total export of traditional Chinese medicine to Latin America; while the fastest-growing export is health products, and the export volume of extract and herbal pieces also increased significantly compared with last year In recent years, the export of traditional Chinese medicine to the Asian market has been growing steadily, while the European and American medicine market takes western medicine standard as the general standard, with high technical barriers The development of traditional Chinese medicine industry urgently needs to explore other markets in the world, including Latin America Latin America is composed of Mexico, Central America, the Caribbean, South America and non independent regions, with a population of 500 million, accounting for 8.2% of the world's total population Limited by historical and economic development, the development of Latin American local pharmaceutical industry has been relatively slow and small At the same time, the medical consumption level of Latin American people is generally low Compared with western medicine, traditional Chinese medicine has low cost and low price, which is in line with the consumption level of Latin American people At present, Mexico, Chile, Brazil, Peru, Colombia and Argentina are the main trading countries of traditional Chinese medicine in Latin American market Mexico is rich in herbal resources, and its traditional medical system has always maintained the tradition of using various local plants to treat diseases Traditional Chinese medicine has been popular since it was introduced into Mexico in the 1960s At present, China's exports to Mexico are mainly plant extracts and dried tea pieces Brazil is rich in natural resources People have used herbal medicine to treat various common diseases and frequently occurring diseases Dozens of herbal medicines have been made into pieces, tablets and capsules However, the processing and production technology is still backward and has not been sold as legal drugs At present, China's exports to Brazil are mainly plant extracts For a long time, Peru took western medicine as the mainstream medical system Although traditional Chinese medicine was popular with overseas Chinese, it was difficult to survive Since March 1, 2010, the China Peru free trade agreement has entered into force The two sides have further opened up their mutual service trade areas and reduced the access restrictions of the service industry China will receive the same treatment as Peruvian nationals in 90 industries such as mining, Chinese education and traditional Chinese medicine, which are also the highest treatment given to other foreign investors by Peru In 2011, China's export of traditional Chinese medicine to Peru amounted to US $6.2674 million, a year-on-year increase of 60.33% In 2011, there were 363 Chinese traditional medicine export enterprises to Latin America, of which 262 were private enterprises, with an export value of US $143 million, a year-on-year increase of 163.8%, accounting for 73.12% of the total export value of all enterprises to Latin America At present, Shandong, Yunnan and Hebei are the main provinces of traditional Chinese medicine export to Latin America, while Fujian and Liaoning are the provinces with rapid growth in export volume The management of drugs in Latin American countries is lower than that in developed countries such as Europe and the United States There is no complete high-standard drug regulatory system, and the drug market access standards are relatively low, which is conducive to the expansion of Latin American market for Chinese traditional medicine enterprises In 2011, Latin American market has become a region with the fastest growth in the export of traditional Chinese medicine However, due to different systems and standards such as drug regulation, market access and registration, China's export of traditional Chinese medicine to Latin American market still accounts for only 1.9% of China's export of traditional Chinese medicine to Latin America, while the proportion of export of traditional Chinese medicine and health care products is not high, we only have no choice but also no choice Only by deeply studying the laws and characteristics of Latin American pharmaceutical market and actively promoting the modernization of traditional Chinese medicine can we better expand Latin American pharmaceutical market.