China’s Antibiotic Exports Soar to Record $3.7B
Oct 18, 2021
674
Antibiotic exports from China, the largest supplier worldwide, peaked at $3.7B in 2020. Over the past decade, China's exports steadily grew at an average annual rate of +2.5%. India, the Netherlands and Vietnam constitute the leading importers of antibiotics from China. Vietnam recorded the highest growth rate of import value from China over the past decade. Last year, the average antibiotic export price amounted to $44,258 per ton, increasing at an average annual rate of +4.4% from 2010 to 2020.