South Korea / China

Overview In February 2022 South Korea exported $13.1B and imported $10.5B from China, resulting in a positive trade balance of $2.58B. Between February 2021 and February 2022 the exports of South Korea have increased by $1.91B (17%) from $11.2B to $13.1B, while imports increased by $1.52B (16.9%) from $9.01B to $10.5B.

Trade In February 2022, the top exports of South Korea to China were Electrical machinery and equipment ($5.13B), Machinery and appliances ($1.16B), Plastics and articles thereof ($1.08B), Organic chemicals ($979M), and Instruments and apparatus ($609M). In February 2022 the top imports of South Korea from China were Electrical machinery and equipment ($3.89B), Machinery and appliances ($1.48B), Inorganic chemicals; organic and inorganic compounds... ($573M), Iron and steel ($401M), and Organic chemicals ($393M).

Growth In February 2022, the increase in South Korea's year-by-year exports to China was explained primarily by an increase in product exports in Electrical machinery and equipment ($1.08B or 28.9%), Instruments and apparatus ($270M or 41.3%), and Essential oils and resinoids; perfumery, cosmetic... ($235M or 130%). In February 2022, the increase in South Korea's year-by-year imports  from China was explained primarily by an increase in product imports  in Electrical machinery and equipment ($862M or 27.1%), Machinery and appliances ($210M or 15.9%), and Organic chemicals ($120M or 37.2%).