Packaged Medicaments in   South Korea

Overview In January 2025 South Korea's Packaged Medicaments exports accounted up to $48.4M and imports accounted up to $330M, resulting in a negative trade balance of $282M. Between January 2024 and January 2025 the exports of South Korea's   Packaged Medicaments have decreased by $-14.7M (-23.3%) from $63.1M to $48.4M, while imports decreased by $-103M (-23.7%) from $433M to $330M.

Destinations In January 2025, Packaged Medicaments were exported mostly to Japan ($7.92M), Thailand ($4.37M), Philippines ($3.41M), Vietnam ($3.32M), and Indonesia ($1.92M), and were imported mostly from Germany ($50.3M), Denmark ($45M), United States ($28.3M), France ($24.6M), and Japan ($20.9M).

Growth In January 2025, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to Japan ($-2.83M or -22.4%), Brazil ($-2.25M or -42.2%), and Mexico ($-1.09M or -56%). In January 2025, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from United States ($-94.1M or -54.9%), Ireland ($-12.1M or -32%), and Spain ($-11.9M or -61.5%).