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Medical Device Industry Information

One-stop Service Center for Medical Device Industry

Status of trade with Korea

home Medical Device Industry Information Status of trade with Korea

Top 10 Destinations for the Korean Market

(Unit : 1000 USD, %)

Rank Code Country 2020 2021 Change
%
Imports Percentage
of
Total		 Rank Imports Percentage
of
Total		 Rank
1 DE Germany   769,504 11.59 1 1,498,015 17.36 1 94.67
2 US USA 760,549 11.46 2 809,922 9.39 2 6.49
3 CN China 573,373 8.64 3 710,309 8.23 3 23.88
4 VN Vietnam 96,537 1.45 16 499,403 5.79 4 417.32
5 SG Singapore 35,897 0.54 35 332,829 3.86 5 827.18
6 IT Italy 369,203 5.56 5 327,822 3.80 6 -11.21
7 RU Russia 257,992 3.89 7 283,123 3.28 7 9.74
8 JP Japan 218,291 3.29 8 278,333 3.23 8 27.51
9 NL Netherlands 322,326 4.86 6 268,722 3.11 9 -16.63
10 IN India 402,336 6.06 4 179,374 2.08 10 -55.42
Subtotal 3,806,008 57.35 5,187,850 60.12 36.31
Total 6,636,575 100.00 8,628,513 100.00 30.01

Top 10 Suppliers to the Korean Market

(Unit : 1000 USD, %)

Rank Code Nation 2020 2021 Change
%
Imports Percentage
of
Total		 Rank Imports Percentage
of
Total		 Rank
1 US USA 1,893,571 42.75 1 2,213,647 41.36 1 16.90
2 DE Germany 768,841 17.36 2 791,600 14.79 2 2.96
3 CN China 347,394 7.84 4 658,056 12.29 3 89.43
4 JP Japan 366,471 8.27 3 510,619 9.54 4 39.33
5 CH Switzerland 185,132 4.18 5 202,539 3.78 5 9.40
6 GB United Kingdom 85,354 1.93 6 89,218 1.67 6 4.53
7 FR France 70,778 1.60 7 82,531 1.54 7 16.61
8 IE Ireland 54,445 1.23 11 61,829 1.16 8 13.56
9 IT Italy 59,151 1.34 8 61,624 1.15 9 4.18
10 TW Taiwan 43,715 0.99 14 59,589 1.11 10 36.31
Subtotal 3,874,852 87.47 4,731,252 88.39 22.10
Total 4,429,811 100.00 5,352,654 100.00 20.83