South Korea / Uzbekistan

Overview In March 2023, South Korea exported $231M and imported $22.6M from Uzbekistan, resulting in a positive trade balance of $209M. Between March 2022 and March 2023 the exports of South Korea have increased by $36.8M (18.9%) from $195M to $231M, while imports increased by $18.1M (401%) from $4.51M to $22.6M.

Trade In March 2023, the top exports of South Korea to Uzbekistan were Cars, tractors, trucks & parts thereof. ($111M), Machinery, mechanical appliances, & parts ($30.5M), Plastics & articles thereof ($11.7M), Tools & cutlery ($5.97M), and Electrical machinery and electronics ($4.38M). In March 2023 the top imports of South Korea from Uzbekistan were Wood pulp & paper scrap ($776k), Cotton ($431k), Oils seeds, oleaginous fruits, grains, straw... ($398k), Machinery, mechanical appliances, & parts ($284k), and Preparations of vegetables, fruit, nuts or... ($94k).

Growth In March 2023, the increase in South Korea's year-by-year exports to Uzbekistan was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($38.8M or 54%), Machinery, mechanical appliances, & parts ($9.79M or 47.3%), and Plastics & articles thereof ($6.66M or 132%). In March 2023, the increase in South Korea's year-by-year imports  from Uzbekistan was explained primarily by an increase in product imports  in Machinery, mechanical appliances, & parts ($282k or 14.1k%), Oils seeds, oleaginous fruits, grains, straw... ($219k or 122%), and Wood pulp & paper scrap ($198k or 34.3%).