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Plant Extracts Pull The Chinese Medicine Surging Commodity Foreign Trade In Our Country
Risun Bio-Tech Inc | Updated: Dec 29, 2016

Plant extracts pull the Chinese medicine surging commodity foreign trade in our country

In 2010, exports reached us $500 million in the first quarter of plant extract into account for traditional Chinese medicine (TCM) for sixty percent of the total import and export of commodities, year-on-year increase of 37.4%; Import and export volume also appear larger growth, increased 45% year-on-year

As a world commodity import and export trade present a sustained recovery state, traditional Chinese medicine in China import and export of goods but also showed obvious signs of recovery. In the first quarter of this year, Chinese medicine commodity import and export amounted to $870 million, compared with the 33.5% increase; Exports of $690 million, increased 40.3% year-on-year.

Such strong growth is a rare phenomenon in recent years. Among them, the extract of traditional Chinese medicine (TCM) for sixty percent of the proportion of the total amount of goods import and export, become the main power of strong pull the Chinese traditional medicine commodity import and export increase.

Total export average slightly drop in exports and steady increase

According to Chinese customs data statistics, in the first quarter this year, China's exports reached us $500 million in the plant extracts into, 57.2% of the total amount of goods import and export of Chinese traditional medicine, year-on-year increase of 37.4%; Import and export volume also appear larger growth, increased 45.0% year-on-year.

n the first quarter this year, the plant extracts exports continue to maintain steady growth, exports was $440 million, 44.3% increase over the previous year, 63.7% of the Chinese medicine merchandise exports; Export quantity of 27000 tons, 52.3% increase compared to the same; The average export prices fell slightly, reduce 5.3% year-on-year.

And plant extracts imports to $57.338 million, compared with only 0.6% increase, 32.1% of Chinese medicine commodity imports; Import quantity is 3630.3 tons, year-on-year increase of 6.7%; The average import prices fell slightly, reduce 5.6% year-on-year.