The Korea Herald

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[Graphic News] Health care exports hit record high amid pandemic

By Nam Kyung-don

Published : March 18, 2021 - 10:00

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South Korea’s health care and cosmetics exports soared more than 38 percent to an all-time high in 2020 amid the coronavirus pandemic, industry data showed.

The country’s overseas shipments of pharmaceuticals, cosmetics and medical devices stood at $21.70 billion last year, up 38.3 percent from the previous year and a fresh high, according to the data from the Korea Health Industry Development Institute.

The pandemic led to a surge in exports of biopharmaceuticals, coronavirus test kits and related medical devices. (Yonhap)