The Korea Herald

지나쌤

[Graphic News] S. Korea‘s biopharmaceutical exports more than double in 2020

By Nam Kyung-don

Published : Aug. 5, 2021 - 10:01

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Korea’s exports of biopharmaceutical products more than doubled in 2020 from a year earlier on the back of growing demand for pharmaceutical products amid the COVID-19 pandemic, a report showed.

Outbound shipments of high-end biopharmaceutical products came to $5.1 billion in 2020, compared to around $2.1 billion tallied the previous year, according to the Korea International Trade Association.

Asia’s fourth-largest economy stood in seventh place in terms of exports in the segment, up two notches from a year earlier. (Yonhap)