MOSCOW TIME: 26.04.2024 22:52:45

Export/Import + Markets

Russia’s Drugs Export Got a 11% Boost

Russia’s Drugs Export Got a 11% Boost

For the first half of 2018 Russian suppliers have exported almost 19 thous. tn of pharma products worth more than 20 bn rubles. According to the Federal Custom Service of Russia, it is a 11% increase in terms of volume and a 8% increase in terms of value (in rubles) compared to the same period of the previous year.

For the first six months of 2018 Russia has exported pharma products for the total amount of $342 mln (+5% compared to $324.9 mln for the same period of 2017). Pharma products export in physical terms has grown by 11% to 18.7 thous. tn.

In the first half of 2018 the largest importers of Russian drugs in terms of value have been Ukraine ($60.6 mln), Kazakhstan ($52.9 mln) and Belarus ($45.3 mln).

Pharmaceutical industry is one of the most successfully developing industries in Russia. For 5 years the share of national drugs on the market has had a 3.6-fold increase, from 13.2% in 2012 to 46.9% in 2017.

Source: iz.ru

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