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War between the U.S. and Russia spreads Middle East risk

By Kim, Jin-Gu | translator Kim, Jung-Ju

23.10.18 12:10:53

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The impact on pharmaceutical exports is minimal

The proportion of cumulative exports to Russia and Ukraine in the third quarter was only 0.8%

Russia-Uzbekistan exports decreased by 16% in one year, but this has nothing to do with overall performance


Amid bloody conflicts continuing around the world, it was found that there was no direct impact on pharmaceutical export performance. The analysis is that this is because the proportion of pharmaceutical exports to countries in conflict is very small in the first place. However, it is predicted that if the conflict spreads to nearby areas due to the worsening local situation, it will have a significant impact on pharmaceutical exports.


The share of pharmaceutical exports to Russia and Ukraine is around 0.8%. According to the Korea Customs Service on the 18th, pharmaceutical exports to Russia and Ukraine as of the third quarter of this year amounted to $33.22 million (about 44.9 billion won). It decre

Kim, Jin-Gu(kjg@dailypharm.com)
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