In 2009, the export of traditional Chinese medicine exceeded 1.4 billion US dollars

According to the latest information of China Pharmaceutical and health care products import and Export Association, the trade situation of Chinese traditional medicine products in 2009 was gratifying, with the total import and export volume exceeding US $2 billion, with a year-on-year growth rate higher than that of Western medicine and medical devices, ranking first, with a growth rate of 14.36%, the best level since 2007 Among them, the export of traditional Chinese medicine exceeded US $1.46 billion, an increase of 11.72% year-on-year; the import of traditional Chinese medicine reached US $540 million, an increase of 22.14% year-on-year, the highest level in the past six years According to the data provided by China Pharmaceutical and health care products import and Export Association, under the influence of the global financial crisis on China's foreign trade and the situation that the total import and export volume dropped year on year in 2009, the pharmaceutical industry experienced a difficult journey, the import and export situation in the second half of the year picked up rapidly, forming a contrast with China's overall foreign trade situation, and the total import and export volume grew by 9.8% year on year China's import and export of Chinese herbal medicines and decoction pieces was outstanding in the whole year last year, with the import and export volume reaching 650 million US dollars, up 7.2% year on year Among them, the export volume was US $550 million, up 6.4% year on year; the import volume was US $90 million, up 12.2% year on year, basically maintaining a stable growth The export of traditional Chinese medicine and decoction pieces accounted for 37.92% of the total export of traditional Chinese medicine products, ranking second In 2009, the export of Chinese herbal medicines and pieces of Chinese herbal medicines recovered from the trough, especially in the second half of the year, the monthly export volume of Chinese herbal medicines and pieces of Chinese herbal medicines even reached a new high, the export volume of bulk products increased by a large margin year-on-year, and the export volume of wolfberry, Cordyceps sinensis, chrysanthemum and Atractylodes macrocephala all increased by more than 50% The import and export of plant extracts are the most prominent among all commodities of traditional Chinese medicine, with the import and export volume reaching 820 million US dollars, an increase of 36.1% year on year Among them, the export reached US $660 million, an increase of 23.7% year on year; the import reached US $160 million, an increase of 129.2% year on year The export of extracts accounted for 44.8% of the total export of traditional Chinese medicine products, still ranking first The import and export of Chinese patent medicine shrank, with a total import and export volume of 339 million US dollars, down 4% year on year Among them, the export value was US $160 million, down 4.23% year on year; the import value was US $176 million, down 3.88% year on year In 2009, China's mainland exports Chinese patent medicines to 95 countries and regions, the main export countries and regions are still Japan, the United States and Hong Kong, accounting for about 57% of China's export of Chinese patent medicines; the countries with large export growth are South Korea, Benin and Vietnam; the countries with large export decline are Indonesia, Ghana, the United Arab Emirates, Canada and the United Kingdom The cumulative import and export volume of health products reached US $200 million, up 3.1% year on year Among them, the export volume reached US $89.1 million, a year-on-year increase of 2.2%; the import volume reached US $110 million, a year-on-year increase of 3.9% According to Luo Yang, director of the traditional Chinese Medicine Department of China Association for the import and export of pharmaceutical and health care products, in 2009, there were 2766 export enterprises of traditional Chinese medicine products in China, and private enterprises have become the main force of export, accounting for 41.14% of the total export amount; in addition, the export amount of foreign-funded enterprises accounted for 33.78%; state-owned enterprises have withdrawn from the first corps of traditional Chinese medicine products, accounting for only 24% of the total export amount .87% Among them, there are 1000 enterprises exporting Chinese herbal medicines and pieces, and 7 enterprises exporting more than US $10 million; there are 661 enterprises exporting Chinese patent medicines, and state-owned enterprises are still the main body of the export of Chinese patent medicines, accounting for 59% of the total export of Chinese patent medicines Luo Yang predicted that, although there are still some adverse factors that will have a negative impact on the export of traditional Chinese medicine, the international demand for traditional Chinese medicine will further expand in 2010 With the gradual implementation of the policy of promoting export support in response to the crisis in China, it is expected that 2010 will be the spring of traditional Chinese medicine trade, and the export of traditional Chinese medicine products in China will maintain a growth rate of more than 15% It is also understood that in the past five years, China's export of traditional Chinese medicine has accelerated, with an annual growth of about US $100 million: US $810 million in 2005, US $1.09 billion in 2006, US $1.18 billion in 2007, US $1.309 billion in 2008 and US $1.46 billion in 2009.