South Korea's UN Procurement Reaches $346 Million Last Year, Highest in a Decade

The Ministry of Foreign Affairs and the Public Procurement Service announced on Wednesday (July 15) that South Korea's UN procurement performance reached $346 million last year, which is approximately 514.9 billion won.
This figure represents a 14.2% increase from the $303 million recorded in the previous year, and the country's global ranking rose from 25th in 2024 to 18th in 2025.
An official from the Ministry of Foreign Affairs explained, "Both the procurement performance and the national ranking are at their highest levels in the last 10 years."
The primary items procured from South Korea were pharmaceuticals and vaccines, which accounted for the largest share at $240 million, followed by plant and animal materials ($51 million), editorial, design, and graphic services ($13 million), engineering research services ($7 million), and medical equipment ($7 million).
To further expand its presence in the UN procurement market, the government plans to broaden its reach beyond existing strengths like pharmaceuticals and vaccines into various product and service sectors for small and medium-sized enterprises.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.