Exergoeconomic analysis of a pilot scale gas engine driven heat pump (GEHP) drying system is performed based on the experimental values using Exergy, Cost, Energy and Mass (EXCEM) analysis method in this study. The performance of the drying system components is discussed, while the important system components are determined to improve the system efficiency. The performance of the drying process is also analyzed for three different medicinal and aromatic plants from the exergoeconomic point of view. A comprehensive parametric study is conducted to investigate the effect of varying dead (reference) state temperatures on exergoeconomic performance parameters for both drying system components and drying process. The correlations between the performance parameters and dead state temperatures are developed. The results have indicated that the dead state temperature affects the performance parameters, particularly the drying process parameters. Rising the dead state temperature leads to an increase in the exergy efficiencies of the drying process and a decrease in the ratio of the thermodynamic loss rate to the capital cost (<(R)over dot>(ex)) values in a polynomial form. <(R)over dot>(ex), values of the drying process are obtained to be very higher compared to those of the drying system components. (C) 2011 Elsevier Ltd. All rights reserved.