South Korea / Burma

Overview In December 2024, South Korea exported $27.8M and imported $30.3M from Burma, resulting in a negative trade balance of $2.57M. Between December 2023 and December 2024 the exports of South Korea have decreased by $-2.57M (-8.45%) from $30.3M to $27.8M, while imports increased by $4.51M (17.4%) from $25.8M to $30.3M.

Trade In December 2024, the top exports of South Korea to Burma were Perfumery & cosmetics ($4.63M), Plastics & articles thereof ($1.6M), Knitted fabrics ($1.6M), Non-knitted clothing accesories ($1.54M), and Electrical machinery and electronics ($1.5M). In December 2024 the top imports of South Korea from Burma were Non-knitted clothing accesories ($34M), Knitted clothing accesories ($9M), Preparations of vegetables, fruit, nuts or... ($2.12M), Footwear ($1.84M), and Tin articles ($1.05M).

Growth In December 2024, the decrease in South Korea's year-by-year exports to Burma was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts ($-3.74M or -83.9%), Aluminum articles ($-684k or -96.3%), and Man-made staple fibres ($-459k or -69%). In December 2024, the increase in South Korea's year-by-year imports  from Burma was explained primarily by an increase in product imports  in Non-knitted clothing accesories ($12.9M or 61.2%), Leather articles ($359k or 270%), and Preparations of vegetables, fruit, nuts or... ($345k or 19.4%).