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Export of China's nutrition and health products in the first half of 2019

Export of China's nutrition and health products in the first half of 20192019.11.14

In the first half of 2019, the import and export volume of nutrition and health food in the mainland reached US $2.417 billion, up 14.72% year on year, according to the analysis of the import and export trade of nutrition and health food in the first half of 2019 released by the health business department of China Chamber of Commerce for the import and export of medicine and health products. Among them, the export value was 893 million US dollars, up 13.23% year on year.
 
In the first half of the year, the export of nutrition and health food in the mainland maintained a reasonable growth rate. The export volume of Jiangsu, Guangdong, Shanghai and Guangxi was relatively large. The main export markets were the United States, Japan, Myanmar and Thailand. Among them, the export volume to Hongkong (China), Myanmar and Thailand has achieved significant growth, with a year-on-year growth of 55.48%, 30.78% and 46.46% respectively. Affected by trade frictions between China and the United States, exports to the United States amounted to US $150 million, down by 9.8% year on year.


 
China is the world's largest producer and exporter of dietary supplement raw materials, and has outstanding advantages in the production and export of vitamins, minerals, amino acids, extracts (plants, animals) and other dietary supplement raw materials.
 
In the first half of this year, the export volume of plant extracts from the mainland reached US $1.252 billion, an increase of 5.52% year-on-year. The main export markets were the United States, Japan, India, Hong Kong, South Korea, Malaysia, etc., of which the export volume to the United States and Hong Kong decreased to varying degrees, while the export volume to Malaysia, India and South Korea increased by a large margin, 82.46%, 56.5% and 30.61% respectively. The top five export varieties are eucalyptus oil, menthol, non citrus essential oil, liquorice extract and Ginkgo biloba extract.
 
The export of coenzyme Q10 decreased by 30.26% and the export value was US $63 million. The export value of coenzyme Q10 to the main export markets such as the United States, Canada, Germany and Australia decreased to varying degrees. The export growth rate of coenzyme Q10 to India and Japan was higher, 40.82% and 193.35% respectively. The export volume of vitamin raw materials was US $1.362 billion, down 22.59% year on year. The main export markets were the United States, Germany, the Netherlands, Japan and India. Among them, except for the flat export to India market, the export to other countries has declined to some extent.


Data Source: China Chamber of Commerce of Medicines & Health Products Importers & Exporters

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