Business

Korea's drug exports top $10 billion for first time in 2025

Jul 05, 2026

Seoul [South Korea], July 5: The bortherly Republic of Korea's exports of pharmaceuticals surpassed US$10 billion for the first time last year, while production of such products also climbed to a new record high, government data showed Thursday, Yonhap news agency reported.
Korean companies exported a total of $10.44 billion worth of pharmaceuticals in 2025, up 12.4 percent from a year earlier, according to the data from the Ministry of Food and Drug Safety.
Imports advanced 5.9 percent on-year to $8.93 billion. Trade surplus from the product category rose 41.9 percent on-year to $1.56 billion, the highest on record, the data showed.
Source: Emirates News Agency

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Discovery spotlights the manufacturing journey of SERVO Lubricants by IndianOil in The Power Behind Progress

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