Overview: This page contains the latest trade data of Electrical Parts in South Korea.
Exports: In 2018, South Korea exported $4.34B in Electrical Parts, making it the 1st largest exporter of Electrical Parts in the world. At the same year, Electrical Parts was the 23rd most exported product in South Korea. The main destination of Electrical Parts exports from South Korea are: Vietnam ($4.2B), China ($92.6M), Hong Kong ($27.2M), United States ($4.3M), and India ($4.19M).
The fastest growing export markets for Electrical Parts of South Korea between 2017 and 2018 were Hong Kong ($17.4M), China ($13.9M), and United States ($4.3M).
Imports: In 2018, South Korea imported $136M in Electrical Parts, becoming the 8th largest importer of Electrical Parts in the world. At the same year, Electrical Parts was the 401st most imported product in South Korea. South Korea imports Electrical Parts primarily from: China ($55.5M), Japan ($45.6M), Vietnam ($19.1M), United States ($4.05M), and Sweden ($2.34M).
The fastest growing import markets in Electrical Parts for South Korea between 2017 and 2018 were Vietnam ($12.4M), Sweden ($2.34M), and Netherlands ($735k).
Tariffs: In 2018, the average tariff for South Korea in Electrical Parts was 2.19%. The countries with the highest import tariffs for Electrical Parts were Sri Lanka (7.2%), China (5.02%), Botswana (3.46%), Cote d'Ivoire (3.46%), and Cameroon (3.46%).