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Who buys South Korea’s medical instruments? Export destinations 2024

In 2024, South Korea exported $2.8 billion of medical instruments (38 thousand tonnes), 1.6% of the world total. Its main destinations were the United States (19%), Japan (10%) and China (7%). South Korea was the world’s 14th-largest exporter of medical instruments.

Summary

Value
$2.8billion
Tonnes
38thousand tonnes
Share of world total
1.6%
World rank
14th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
United States523Tonnes: 12,888USD per tonne: $40,57918.8%Air
Japan281Tonnes: 1,611USD per tonne: $174,17010.1%Air
China200Tonnes: 1,160USD per tonne: $172,1147.2%Air
Russia130Tonnes: 928USD per tonne: $140,4854.7%Air
India119Tonnes: 6,544USD per tonne: $18,1634.3%Air
Brazil103Tonnes: 832USD per tonne: $123,6473.7%Air
Germany80.9Tonnes: 470USD per tonne: $171,9192.9%Air
Taiwan76.2Tonnes: 558USD per tonne: $136,4932.7%Air
Vietnam76Tonnes: 1,334USD per tonne: $56,9612.7%Air
France56.7Tonnes: 338USD per tonne: $167,7892%Air
Austria55.7Tonnes: 562USD per tonne: $99,1252%Air
United Kingdom52.3Tonnes: 379USD per tonne: $137,9331.9%Air
United Arab Emirates52.1Tonnes: 372USD per tonne: $140,0241.9%Air
Canada51.1Tonnes: 178USD per tonne: $287,3011.8%Air
Italy49.7Tonnes: 266USD per tonne: $186,7151.8%Air
Singapore re-exports48.6Tonnes: 238USD per tonne: $204,2641.7%Air
Netherlands re-exports47.4Tonnes: 315USD per tonne: $150,3361.7%Air
Poland43.1Tonnes: 186USD per tonne: $231,2411.6%Air
Indonesia42.7Tonnes: 459USD per tonne: $93,0211.5%Air
Mexico41.2Tonnes: 387USD per tonne: $106,4521.5%Air

Trend

Who it sells to

The United States was its main destination throughout the period

Value in USD millions. The five largest destinations in 2024.

  • United States 523
  • Japan 281
  • China 200
  • Russia 130
  • India 119

Source: CEPII BACI

Show the numbers
Partner19952024
United States19.1523
Japan11.3281
China3.2200
Russia6.6130
India0.78119

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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