MOSCOW TIME: 15.08.2020 20:19:28

Export/Import

Russias Export And Import Of Pharmaceuticals Containing Insulin

Russias Export And Import Of Pharmaceuticals Containing Insulin

In 2018 Russias import of pharmaceutical preparations containing insulin exceeded its export almost fourfold.

The import value of this production stood at $88.61 mln, while the export value amounted to only $23.34 mln.
In 2018 the insulin preparations import reduced by 2%, but the export of these goods had a 22.8-fold increase compared to 2017. Russias export growth was caused by supplies to Germany ($22.7 mln). In 2017 Germany did not export insulin preparations from Russia. Also Russia expanded its supplies to Belarus (a 18.4-fold increase), Kazakhstan (+30%), Moldova (+29.7%) and South Ossetia (+18%). In contrast, the import volume of Russian insulin preparations was reduced by Ukraine (-95%), Switzerland (-72%) and Abkhazia (-23%). In addition, Denmark cut off the supplies of this good from Russia.
The largest suppliers of insulin preparations to Russia in 2018 were France (75.6%) and Denmark (23%) followed by Germany (1.1%) and India (0.3%). Negligible volumes of this good were imported from Belarus and China.

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Russia Export Import Pharmaceuticals Insulin

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