Korea's COVID-19 Diagnostic Kits Rated 'Excellent'... Exported Worth 246.6 Billion KRW Last Month Alone

Export status data of Korean COVID-19 diagnostic kits. Provided by Korea Customs Service

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Exports of Korean-made novel coronavirus disease (COVID-19) diagnostic kits are rapidly increasing. This is thanks to the global recognition of the excellence of Korean COVID-19 diagnostic kits.

According to the Korea Customs Service on the 7th, the cumulative export amount of diagnostic kits from January to April is recorded at $225.98 million (2.769 billion KRW).

In particular, in April alone, a record was set by exporting diagnostic kits worth $20.23 million (246.6 billion KRW) to a total of 103 countries worldwide.

The monthly export country status increased from 1 country in January, 33 countries in February, to 81 countries in March. The export of diagnostic kits began to show a steep increase from March to April.

Among the top importing countries of Korean diagnostic kits (January to April), Brazil accounted for 13.3% with $30.15 million (3.69 billion KRW), followed by Italy (9.9%), India (9.5%), the United States (7.9%), Poland (6.6%), and the United Arab Emirates (4.3%).

Last month, Brazil purchased Korean diagnostic kits worth $30 million (3.67 billion KRW), India $20 million (2.45 billion KRW), and the United States and Italy each about $17 million (2.08 billion KRW).

The Korea Customs Service plans to focus its customs administration capabilities on supporting the export of diagnostic kits, judging that the export will help the domestic economic recovery.

Additionally, for the import of raw materials and parts for manufacturing COVID-19 diagnostic kits, a 24-hour customs clearance system will be maintained, and rapid customs clearance will be supported to the fullest extent by minimizing import inspections and document submissions.

This content was produced with the assistance of AI translation services.