News, archive: January 2018
Russian export of pharmaceutical drugs is rather unstable, with some unusual destinations. In 2017, North Korea became one of the new export partners for Russia. Between January and November 2017, Russian export of drugs to North Korea increased by 3.7 times in monetary terms (in RUB) and by 5.2 times in physical terms (in units).
Between January and November 2017, 86.3% of all imported ready-made pharmaceuticals from the VED list (in monetary terms) had a lower price than recommended by the State Register. In most cases (60.5% of the volume in monetary terms), the difference did not exceed 10 RUB. The difference is most likely due to the peculiarities of the calculation of actual manufacturer prices, as well as the desire of the companies to insure themselves against exports exceeding the register prices.
By the first 11 months of 2017, the exports, excluding exports to EAEU countries, have amounted to 19 bln RUB (including customs duties), which is only 0.4% higher than that of the same period of 2016 (in RUB). However, the positive dynamics alone is somewhat optimistic. The results between January and October 2017 were much more depressing, with the long-term growth rate amounting to -2.2%.