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    Home > Biochemistry News > Plant Extracts News > This year, the export of traditional Chinese medicine will reach US $3 billion, up 20% year on year

    This year, the export of traditional Chinese medicine will reach US $3 billion, up 20% year on year

    • Last Update: 2013-07-08
    • Source: Internet
    • Author: User
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    In 2013, the export volume of traditional Chinese medicine products will reach US $3 billion, an increase of 20% over last year Yu Zhibin, deputy director of the traditional Chinese Medicine Department of the China Chamber of Commerce for the import and export of healthcare products, disclosed the news The reporter learned that the export volume of traditional Chinese medicine products in 2012 was 2.5 billion US dollars According to the customs data, in the first quarter of 2013, the export of traditional Chinese medicine continued to grow The trade volume of four categories of traditional Chinese medicine products increased by 12% year on year, and the price increased by 8% Among them, the export volume of traditional Chinese medicine reached 710 million US dollars, an increase of 20% year on year In recent years, the global demand for TCM products has increased significantly "The strategy of" going global "of traditional Chinese medicine is gradually developing, and has moved from non-governmental exchanges to intergovernmental cooperation." According to Yu Zhibin, at present, China has signed 146 bilateral agreements with other countries, including TCM cooperation, and 49 separate intergovernmental TCM cooperation and exchange agreements Many countries, such as Australia, South Africa, Canada, Britain and so on, have also recognized the status of TCM in the form of legislation However, there are still old problems in the export of traditional Chinese medicine, such as low added value, repeated price fluctuations, and many technical barriers in importing countries and regions "This needs to address industry issues at the national strategic level." Liu Zhanglin, vice president of China Chamber of Commerce for the import and export of medical and health products, said that in March 2012, 14 departments including the Ministry of Commerce and the State Administration of traditional Chinese medicine jointly formulated several opinions on promoting the development of trade in services of traditional Chinese medicine, and took measures to encourage enterprises engaged in trade in services of traditional Chinese medicine to "go global" Traditional Chinese medicine products include traditional Chinese medicine, Chinese patent medicine, traditional Chinese medicine health products, plant extracts, etc Among them, plant extract products account for nearly half of the export of traditional Chinese medicine products In 2010, the export volume of plant extracts reached 820 million US dollars, breaking the 1 billion US dollar mark in 2011; in 2012, the growth of foreign trade of plant extracts slowed down, with the export volume of 1.16 billion US dollars; in the first quarter of 2013, the import and export volume of plant extracts in China was 410 million US dollars, with a year-on-year increase of 12.1%, of which the export volume was 330 million US dollars, with a year-on-year increase of 11.2%, accounting for 47% of the export volume of traditional Chinese medicine Although the trade volume of traditional Chinese medicine products has increased significantly, it is still very small for traditional Chinese medicine to enter the western mainstream medical market as prescription medicine According to customs data, 80% of China's exports of Chinese patent medicines are registered drugs The main markets include Hong Kong, Japan, Singapore, Australia, etc the export share of Chinese patent medicines accounts for 75% of the Asian market and 30% of the global traditional medicine market "At present, the proportion of Chinese patent medicine in the export of traditional Chinese medicine is not large enough The export of Chinese patent medicine with registered drugs is conducive to improving the added value and utilization rate of traditional Chinese medicine resources, cultivating and developing new large traditional Chinese medicine industry, promoting traditional Chinese medicine enterprises as the main body of the market to open up domestic and foreign markets, and thoroughly saying goodbye to the situation of "selling raw materials" Liu Zhanglin said "In September this year, we will hold an activity in Sweden on how to register Chinese patent medicines in the European Union and invite domestic famous Chinese medicine enterprises to participate." According to the statistics of the World Health Organization, the global traditional medicine market will reach 93 billion US dollars in 2015 Among them, the EU is the largest traditional medicine market in the world, accounting for more than 40% of the global traditional medicine market, with a market cake of 37 billion US dollars "We will assist Chinese medicine enterprises to register in the EU, and the export of Chinese patent medicine will usher in a new stage." Liu said.
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