South Korea - Pharmaceutical Industry Trade Balance
Since 2014, South Korea Pharmaceutical Industry Trade Balance decreased by 0.1% year on year. In 2019, the country was ranked number 37 among other countries in Pharmaceutical Industry Trade Balance at -$3,420.36 Million. South Korea is overtaken by Taiwan, which was number 36 at -$3,361.85 Million and is followed by Turkey with -$3,826.16 Million. Switzerland topped the ranking with $53,970.94 Million in 2019, that is an increase of 13.5% versus 2018. Ireland, Germany and Denmark respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +26.5% per year, while Israel witnessed the worst performance at -45.7% per year.
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| Date | Million US Dollars |
|---|---|
| 2019 | -3,420.36 |
| 2018 | -3,284.06 |
| 2017 | -2,888.89 |
| 2016 | -3,257.90 |
| 2015 | -2,862.58 |
Download all data from 1988 to 2019
How does South Korea rank in Pharmaceutical Industry Trade Balance?
| # | 44 Countries | Million US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
53,970.94 | 2019 | +13.5 % | +5.5 % | View data | |
| 2 |
#2
Ireland
|
47,210.04 | 2019 | +14.3 % | +15.1 % | View data | |
| 36 |
#36
Taiwan
|
-3,361.85 | 2018 | +14.5 % | +8.3 % | View data | |
| 37 |
#37
South Korea
|
-3,420.36 | 2019 | +4.2 % | -0.1 % | View data | |
| 38 |
#38
Turkey
|
-3,826.16 | 2019 | +7.7 % | -0.2 % | View data | |