According to preliminary statistics of General Department of Customs, pharmaceutical import turnover in November 2023 reached 342.61 million USD, an increase of 18% compared to October 2023 and an increase of 10.8% compared to November 2022. Overall, in the first 11 months of 2023, pharmaceutical imports reached nearly 3.15 billion USD, an increase of 3.7% compared to the first 11 months of 2022.
Major markets supplying pharmaceuticals to Vietnam in 11 months of this year are France, the US, Germany, and India; out of which the largest import is from the French market, reaching 411.99 million USD, an increase of 14.7% over the same period in 2022, accounting for 13% of the country's total import turnover of this product group; followed by the US market reaching 356.67 million USD, up 8.3%, accounting for 11.3%; German market reached over 297 million USD, down 7.4%, accounting for 9.4%.
Pharmaceutical imports from Indian market in the first 11 months of 2023 reach 244.7 million USD, down 0.4% over the same period in 2022; Imports from Italian market increased by 19.4%, reaching 179.63 million USD.
Notably, pharmaceutical imports from Irish market, although the turnover is not high, only reaching 142.61 million USD, but comparing to the same period in 2022, it increased sharply by 84%, accounting for 4.5%.

Source: Vitic/ vinanet.vn