In the first three quarters of 2017, the trade volume of traditional Chinese medicine between China and South Korea reached 170 million U.S. dollars, down 7.91% from the same period of last year, of which, the export value of China's traditional Chinese medicine to South Korea was 150 million U.S. dollars, down 13.47% over the same period of last year; China's imports from South Korea amounted to 21.2744 million U.S. dollars, An increase of 70.52% over the same period of last year.
Korean ginseng imports increased by 278.44%
China imports mainly Korean ginseng and some extracts from Korean traditional Chinese medicine. Ginseng is a traditional Korean-specific industry. Its main export products include red ginseng, red and white ginseng, ginseng drinks, red and white ginseng preparations (ginseng tea), etc. Korea Korean ginseng sales in the Chinese market continued to grow since 1999, and its government has always been hoping to expand its exports to China. In the first three quarters of 2017, China imported 21,980 kg of Korean ginseng from Korea, up 278.44 %, The import price of 427.16 US dollars / kg, down 18.93% .Although our ginseng and ginseng in the ginsenosides, polysaccharides, essential oils and trace elements in the four main components of the content is close to the quality and efficacy are generally the same, but due to China Ginseng lack of brand competitiveness, resulting in China's exports of ginseng though more than South Korea, but the export price is much lower than the Korean ginseng price.
Korean ginseng production areas are mainly concentrated in South Korea's Jinshan area, the local has formed a more complete ginseng market, ginseng Institute, ginseng processing enterprises and the Korean ginseng Monopoly Bureau, etc. Chungcheongnam-do Jinshan is Korea's largest ginseng cultivation base, with a unique As early as 1500 years ago, Jinshan began to cultivate ginseng.Started from the 1980s, local government based on the "balanced development of regional economy" considerations, the ginseng cultivation as a characteristic industry and pillar industries Focus on cultivating, increasing policy support and capital investment, the Korean Ministry of Culture and Tourism Jinshan ginseng festival as the government focused on supporting the celebration.After years of efforts, here has built a large ginseng sales center, herb market, etc. South Korea ginseng's largest distribution center, Geumsan ginseng production accounted for 70% of South Korea.
Korean ginseng products are not only used as medicines, but also the main raw materials of tonic, food, cosmetics, cosmetic skin care products and washing products. The Korea Ginseng and Herbal Medicine Research Institute is funded by the state and mainly conducts scientific research on the basic research of ginseng. Actively introduce the strength of universities and pharmaceutical companies, the combination of production and research, through high-tech innovative products to increase efficiency, formed a research and development of high value-added products ginseng industry chain.
China's exports of traditional Chinese medicine to South Korea are mainly extracts and Chinese Herbal Pieces, of which China's exports of Korean extracts are mainly used for raw materials for its health products and cosmetics.
547 enterprises and South Korea have trade in traditional Chinese medicine
After the Korean War, agricultural products from Gyeonggi-do and Gangwon-do converged in the cool-air station and spread all over the country, thus forming a market for medicinal herbs in the surrounding areas and expanding nowadays It covers an area of 200,000 square meters including Kyiku-dong, Yongdu-dong, Diennon-dong, etc. There are nearly 1,000 shops selling Chinese herbal medicines in the market and 70% of Korean traditional medicines are circulated here. It is Korea's largest herbal medicine market.
In the first three quarters of 2017, China and South Korea conducted a total of 547 Chinese medicine trade enterprises, of which 455 were for export. Private-owned enterprises exported 383 and exported 112 million U.S. dollars, down 11.03% year-on-year and accounting for 73.87% of the total. %; Foreign-funded enterprises exported 45, export 34.0422 million US dollars, down 21.94%, the amount of exports accounted for 22.60%; state-owned enterprises exported 26, export 5,124,600 US dollars, down 4.07 %, The export value of state-owned enterprises accounted for 3.37%.
99 enterprises imported Korean medicine from Korea and 56 were imported from private enterprises with an import value of 8.5301 million U.S. dollars, up 47.88% over the same period of the previous year, accounting for 40.10% of the total. 35 foreign-funded enterprises imported 35 US $ 3,401,600, down 24.26% over the same period of the previous year, and the amount of imports accounted for 14.30%; that of state-owned enterprises was 8, with imports of US $ 9,702,700, an increase of 260.36% over the same period of last year and imports from state-owned enterprises accounting for 45.61% of the total.
