Affected by the novel corona virus and Sino-US trade friction, China’s import and export volume of dietary nutrition supplement has reached US$3 billion, the export value was US$990 million and the import value reached US$2.01 billion.
Export in Asia has increased significantly
According to statistics and analysis by CCCMHPIE, China's export for dietary supplements still maintained a growth trend in the first half of this year. It is understood that the main export market of China's dietary nutritional supplements is Asia, followed by North America and Europe.
Health demand drives up the import market
In 2020, the import of dietary nutritional supplements has maintained a good growth state. On the one hand, it is related to the health concept that Chinese consumers are gradually forming; on the other hand, the outbreak of this year also makes consumers pay more attention to their own health and purchase high-quality health products. The demand is further released.
From the perspective of the import market, the main import markets for dietary supplements are Asia, North America, Oceania and Europe, accounting for 99%.
The novel corona virus still affects the global economy, and various difficulties still exist, exhibitions can’t be held on schedule, with the difficulties of logistics. The industry of dietary supplements still needs to move ahead in the future.