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.
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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.