South Korea / Gabon

Overview In February 2024, South Korea exported $1.27M and imported $10k from Gabon, resulting in a positive trade balance of $1.26M. Between February 2023 and February 2024 the exports of South Korea have increased by $816k (181%) from $452k to $1.27M, while imports decreased by $-1.99M (-99.5%) from $2M to $10k.

Trade In February 2024, the top exports of South Korea to Gabon were Cars, tractors, trucks & parts thereof. ($321k), Machinery, mechanical appliances, & parts ($129k), Plastics & articles thereof ($32k), Soap, cleaners, candles, dental, modelling pastes ($23k), and Furniture, bedding, lamps, & prefab buildings ($12k). In February 2024 the top imports of South Korea from Gabon were Wood, wood articles, & charcoal ($579k), Pharmaceutical products ($0), Soap, cleaners, candles, dental, modelling pastes ($0), Chemical products n.e.s. ($0), and Plastics & articles thereof ($0).

Growth In February 2024, the increase in South Korea's year-by-year exports to Gabon was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($141k or 78.3%) and Machinery, mechanical appliances, & parts ($46k or 55.4%). In February 2024, the decrease in South Korea's year-by-year imports  from Gabon was explained primarily by an decrease in product imports  in .