Overview In December 2022, United States exported $5.81B and imported $9.84B from South Korea, resulting in a negative trade balance of $4.03B. Between December 2021 and December 2022 the exports of United States have increased by $431M (8.01%) from $5.38B to $5.81B, while imports increased by $1.11B (12.7%) from $8.73B to $9.84B.
Trade In December 2022, the top exports of United States to South Korea were Crude Petroleum ($911M), Machines and apparatus of a kind... ($564M), Petroleum Gas ($432M), Cars ($243M), and Frozen Bovine Meat ($172M). In December 2022 the top imports of United States from South Korea were Cars ($1.56B), Office Machine Parts ($537M), Vaccines, blood, antisera, toxins and cultures ($525M), Motor vehicles; parts and accessories (8701... ($462M), and Blank Audio Media ($460M).
Origins In December 2022 the exports of United States were mainly from Texas ($1.61B), California ($1.04B), Louisiana ($428M), South Carolina ($263M), and Washington ($214M), while imports destinations were mainly California ($2.57B), Georgia ($1.23B), Michigan ($980M), Texas ($778M), and Pennsylvania ($633M).
Growth In December 2022, the increase in United States's year-by-year exports to South Korea was explained primarily by an increase in product exports in Crude Petroleum ($386M or 73.6%), Frozen Bovine Meat ($94.4M or 122%), and Cars ($91.1M or 59.9%). In December 2022, the increase in United States's year-by-year imports from South Korea was explained primarily by an increase in product imports in Vaccines, blood, antisera, toxins and cultures ($365M or 228%), Blank Audio Media ($236M or 105%), and Refined Petroleum ($190M or 131%).
United States / South Korea 
