In August, pharmaceutical imports surpassed ₩1 trillion for the first time. This is due to the fact that imports of Pfizer, Moderna vaccines were reflected in statistics following July.

Drug exports rose 10% year-on-year to ₩700 billion last month. However, as imports increased sharply around the COVID-19 vaccine, the deficit in the drug trade balance hit the highest level since December 2019.

◆In August, vaccine imports amounted to ₩340 billion, the highest ever

According to the Korea Customs Service on the 15th, imports of domestic medicines in August were $870.81 million. This is the first time that monthly drug imports have surpassed 1 trillion won