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Korea’s trade deficit for medicine narrows in 2009

Published: 2010-02-22 06:57:00
Updated: 2010-02-22 06:57:00
The country’s trade imbalance in drugs topped $2.20 billion last year, compared with $2.68 billion in 2008, according to the report by the Korea Pharmaceutical Traders Association.

By finished products, exports stood at $885 million, but imports shot up to $2.12 billion from the same period, reflecting the country still relied on foreign suppliers for certain types of products.

Korea’s tr...

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