Current situation of foreign trade in China's plant extract industry

According to data from the China Chamber of Commerce for Import and Export of Medicinal and Health Products, the total import and export volume of plant extracts in China showed an overall upward trend from 2018 to 2022. In 2022, the total import and export volume of plant extracts in China reached 4.312 billion US dollars, an increase of 8.07% year-on-year.

2. Export trade scale of plant extract industry

The plant extraction industry in China is a typical export-oriented industry, with exports as the main focus. According to data from the China Chamber of Commerce for Import and Export of Medicinal and Health Products, the export value of plant extracts in China continued to grow from 2018 to 2022. In 2022, the total import and export value of plant extracts in China showed an overall upward trend. In 2022, plant extracts, which account for 60% of the total export value of traditional Chinese medicine products, continued to climb rapidly, with a total export value of 3.528 billion US dollars, a year-on-year increase of 16.79%