South Korea / Ukraine

Overview In December 2024, South Korea exported $27.6M and imported $36.7M from Ukraine, resulting in a negative trade balance of $9.06M. Between December 2023 and December 2024 the exports of South Korea have decreased by $-3.63M (-11.6%) from $31.2M to $27.6M, while imports increased by $8.42M (29.8%) from $28.3M to $36.7M.

Trade In December 2024, the top exports of South Korea to Ukraine were Cars, tractors, trucks & parts thereof. ($9.23M), Perfumery & cosmetics ($4.25M), Machinery, mechanical appliances, & parts ($2.61M), Optical, photo, & film equipment; medical... ($2.59M), and Iron & steel ($1.87M). In December 2024 the top imports of South Korea from Ukraine were Cereals ($37.9M), Animal or vegetable fats, oils, &... ($1.11M), Machinery, mechanical appliances, & parts ($894k), Electrical machinery and electronics ($648k), and Non-knitted clothing accesories ($166k).

Growth In December 2024, the decrease in South Korea's year-by-year exports to Ukraine was explained primarily by an decrease in product exports in Wadding, felt, nonwovens, twin, ropes, &... ($-837k or -90.5%), Cars, tractors, trucks & parts thereof. ($-168k or -1.79%), and Furniture, bedding, lamps, & prefab buildings ($-67k or -83.8%). In December 2024, the increase in South Korea's year-by-year imports  from Ukraine was explained primarily by an increase in product imports  in Animal or vegetable fats, oils, &... ($1.02M or 1.11k%), Machinery, mechanical appliances, & parts ($414k or 86.3%), and Electrical machinery and electronics ($132k or 25.6%).