China's disposable syringe exports will be larger than the import surplus

China is a big producer of disposable syringes. Products not only meet the needs of the domestic market, but also are exported to foreign countries. China Medical Insurance Association according to customs statistics, from 2006 to 2010, the annual export volume of disposable syringes in China surged from 112 million US dollars to 332 million US dollars. Among them, the year-on-year increase of 20.44% in 2010; the average export unit price was 0.04 US dollars/support, an increase of 7.55%. Relative to exports, import growth is smaller. Until 2009, the annual import volume of disposable syringes in China exceeded 100 million U.S. dollars. In 2010, it reached US$ 112 million, and the trade surplus is still expanding.

Last year, China exported a total of 26 disposable syringes to provinces and cities, including Jiangsu, Guangdong, Shanghai, Shandong, Tianjin, Zhejiang, Anhui, Jiangxi, Fujian, and Liaoning, ranking the top ten in terms of export volume, which together accounted for 95.62 of China’s total disposable syringe exports. %. Ranked first in Jiangsu Province, its disposable syringe exports amounted to 86.254 million US dollars, an increase of 24.5%, accounting for 25.94%.

In addition, last year China exported a total of 171 syringes to 171 countries and regions. The top five exports to the United States, Germany, Russia, Brazil, and Italy were related, and the related export value was 66.667 million U.S. dollars, 25.6595 million U.S. dollars, and 11.829 million U.S. dollars respectively. With US$9.6943 million and US$9.1127 million, the five major trading partners accounted for 36.89% of the total, of which the United States accounted for 20.11%. It was the largest trading partner for disposable syringe exports in China.

In 2010, there were 842 domestic enterprises engaged in the export of disposable syringes, of which 644 were private enterprises, and the export value was US$ 213.196 million, accounting for 64.13% of the total. There were 71 foreign-funded enterprises, and the export value was 98.878 million US dollars, accounting for 29.71. %; There are 123 state-owned enterprises with an export value of US$ 1992.89 million, accounting for 5.99%.

The top ten enterprises with disposable syringes export value totaled USD 175,541,300, accounting for 52.8%. Among them, Flextronics (Shenzhen) Co., Ltd. and Novo Nordisk (China) Pharmaceutical Co., Ltd. have both exported more than 30 million US dollars, accounting for 22.82% of the total. The disposable syringe exports of Flextronics, Shanghai Kangdelai, Shandong Weigao, and Changzhou City increased by 46.06%, 55.02%, 97.35%, and 132.33% respectively year-on-year.

China's single-use syringes import trade methods include seven methods of general trade, processing trade, import and export of bonded warehouses, warehousing re-exports in bonded areas, and small-scale trade in border areas, among which general trade, processing trade, and warehousing re-exports in bonded areas are the main methods. In 2010, the import volume of disposable syringes for general trade was US$58.125 million, accounting for 51.8%; the import value for processing trade was 30.59%; the import volume for warehousing re-exports in the bonded zone accounted for 10.9%.

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