ChinaBio(R) LLC Release: China Pharma Foreign Trade Climbed 10% In 2013
2/11/2014 1:25:04 PM
by Richard Daverman, PhD
February 11, 2014 -- Pharmaceutical foreign trade for China – which combines in-bound and out-bound activity – rose 10% to $89.7 billion last year. China exported more pharmaceutical products than it imported, though imports are catching up. Most of China’s exports have traditionally been APIs, which constituted 46% of 2013’s exports. However, higher value products such as finished cardiovascular drugs are providing the growth as ex-China API sales are slowing. More details....
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