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The New Crown epidemic had a profound impact on the foreign trade pharmaceutical industry, exposing the vulnerability of the global pharmaceutical supply chain. During the epidemic, countries' export restrictions on key medicines and medical supplies led to supply chain disruptions, prompting many countries to revisit the issue of autonomy and control of the pharmaceutical industry. In the post epidemic era, the pharmaceutical supply chain is showing a trend of regionalization and diversification, and multinational pharmaceutical companies are rearranging their production bases globally to establish a more resilient supply chain system.
Digital transformation is reshaping all aspects of the foreign trade pharmaceutical industry. Artificial intelligence and big data analytics are widely used in drug R&D, clinical trials and supply chain management, significantly improving efficiency and accuracy. Blockchain technology has shown great potential in drug traceability and anti-counterfeiting, helping to establish a more transparent and trustworthy international trade environment. In addition, the development of cross-border e-commerce platforms has provided new channels for small and medium-sized pharmaceutical enterprises to participate in international trade and lowered the threshold of market access.
Innovative drugs and biotechnology products have become new growth points for foreign trade in medicine. With the breakthroughs in cutting-edge technologies such as gene therapy and cell therapy, the share of biopharmaceuticals in global pharmaceutical trade has continued to expand. in 2022, biopharmaceuticals accounted for more than 25% of the value of global pharmaceutical exports. Meanwhile, the international trade activity of specialized drugs such as anti-cancer drugs and rare disease drugs has increased significantly, reflecting the growing global demand for precision medicine and high-value drugs.
Emerging markets will become an important engine of growth for the foreign trade pharmaceutical industry. With the economic development of Southeast Asia, Latin America, Africa and other regions and the improvement of medical protection level, the demand for pharmaceutical products in these markets will grow rapidly. It is expected that by 2030, the share of emerging markets in global pharmaceutical consumption will increase from the current 30% to about 40%. Multinational pharmaceutical companies are actively adjusting their strategies to deeply cultivate these potential markets through localized production and cooperation.
Technological innovation will continue to drive changes in the industry. mRNA technology, gene editing, artificial intelligence drug discovery and other breakthroughs in cutting-edge technologies will give rise to a new generation of therapeutic methods and pharmaceutical products, providing new growth points for international trade. At the same time, digital technology will further optimize the process of cross-border trade in pharmaceuticals and improve the efficiency and transparency of the supply chain. The concepts of environmental protection and sustainable development will also have a profound impact on the industry, with green pharmaceutical processes and sustainable packaging solutions becoming the new dimension of international competition.
The foreign trade pharmaceutical industry is in a period of profound change, facing both opportunities and challenges. The scale of global pharmaceutical trade continues to expand, but supply chain security, technical barriers, trade policy and other risk factors should not be ignored. In the future, industry participants need to actively adapt to the trend of digital transformation and strengthen the construction of innovation capacity, while focusing on building a more resilient and sustainable global supply chain system. Governments should strengthen international cooperation, harmonize regulatory standards and create a more open and stable policy environment for international trade in pharmaceutical products. Against the backdrop of growing global health demand, the foreign trade pharmaceutical industry is expected to realize more inclusive and sustainable development.