South Korea / Czechia

Overview In January 2023, South Korea exported $243M and imported $109M from Czechia, resulting in a positive trade balance of $134M. Between January 2022 and January 2023 the exports of South Korea have decreased by $-19.4M (-7.37%) from $263M to $243M, while imports increased by $41.7M (61.6%) from $67.7M to $109M.

Trade In January 2023, the top exports of South Korea to Czechia were Cars, tractors, trucks & parts thereof. ($89.6M), Electrical machinery and electronics ($67.9M), Machinery, mechanical appliances, & parts ($34.4M), Plastics & articles thereof ($17.1M), and Pharmaceutical products ($8.4M). In January 2023 the top imports of South Korea from Czechia were Machinery, mechanical appliances, & parts ($17.5M), Optical, photo, & film equipment; medical... ($14.2M), Electrical machinery and electronics ($10.7M), Rubber & articles thereof ($5.37M), and Cars, tractors, trucks & parts thereof. ($4.2M).

Growth In January 2023, the decrease in South Korea's year-by-year exports to Czechia was explained primarily by an decrease in product exports in Optical, photo, & film equipment; medical... ($-3.89M or -31.8%), Furniture, bedding, lamps, & prefab buildings ($-2.79M or -100%), and Tools & cutlery ($-1.8M or -65.1%). In January 2023, the increase in South Korea's year-by-year imports  from Czechia was explained primarily by an increase in product imports  in Tools & cutlery ($1.05M or 447%), Electrical machinery and electronics ($666k or 6.62%), and Chemical products n.e.s. ($659k or 162%).