Thru 3Q 2013, China’s western medicine importation almost quadrupled exportation value.

   Date:2013/11/27     Source:

Through 3Q 2013, the exportation of china’s western medicine maintained a steady but slow growth with 7.63% increase year-on-year and reached over USD 2 billion. The synthetic insulin soared 45884% this year. However, the price of western medicine exported dropped 5.14% compared with same period of previous year.

The Chinese-made western medicines mainly were exported to Asia, Africa, Latin America and emerging markets.

The volume of western medicine’s importation of actually dropped this year, whilst the increased imported medicine price lead to almost USD 8 billion values of medicine. And Deutschland, Italia and United Kingdom are the top 3 countries that China imported medicine from.

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