South Korea / Lebanon

Overview In February 2024, South Korea exported $7.23M and imported $1.54M from Lebanon, resulting in a positive trade balance of $5.69M. Between February 2023 and February 2024 the exports of South Korea have decreased by $-2.71M (-27.3%) from $9.94M to $7.23M, while imports decreased by $-1.28M (-45.4%) from $2.81M to $1.54M.

Trade In February 2024, the top exports of South Korea to Lebanon were Miscellaneous edible preparations ($1.3M), Electrical machinery and electronics ($1.27M), Rubber & articles thereof ($1.03M), Machinery, mechanical appliances, & parts ($1.01M), and Cars, tractors, trucks & parts thereof. ($913k). In February 2024 the top imports of South Korea from Lebanon were Copper articles ($1.62M), Aluminum articles ($718k), Non-knitted clothing accesories ($20k), Leather articles ($4k), and Furniture, bedding, lamps, & prefab buildings ($1k).

Growth In February 2024, the decrease in South Korea's year-by-year exports to Lebanon was explained primarily by an decrease in product exports in Cars, tractors, trucks & parts thereof. ($-840k or -47.9%), Plastics & articles thereof ($-533k or -55.9%), and Preparations of vegetables, fruit, nuts or... ($-508k or -97.9%). In February 2024, the decrease in South Korea's year-by-year imports  from Lebanon was explained primarily by an decrease in product imports  in Aluminum articles ($-2.79M or -79.5%), Copper articles ($-577k or -26.2%), and Beverages, spirits, & vinegar ($-21k or -100%).