The fastest growing export markets for Pharmaceutical products of South Korea between 2021 and 2022 were Switzerland ($656M), Chinese Taipei ($352M), and Australia ($325M).
Imports In 2022, South Korea imported $10.2B in Pharmaceutical products, becoming the 16th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 11th most imported product in South Korea. South Korea imports Pharmaceutical products primarily from: United States ($2.06B), Belgium ($1.27B), Germany ($1.26B), Italy ($792M), and Switzerland ($783M).
The fastest growing import markets in Pharmaceutical products for South Korea between 2021 and 2022 were Italy ($588M), Singapore ($125M), and Ireland ($83.3M).
COMPANIES In 2023, leading companies such as Samsung (9), LG Electronics (3), and Sumitomo Rubber (2) were at the forefront of shipping Pharmaceutical products from South Korea to the United States.