2023
Exports
$15.9MWorld Rnk 15 / 127
Flag Rnk 638 / 1188
2023
PRODUCT COMPLEXITY IN Audio and Video Recording Accessories
0.75Rnk 267 / 1025
2023
Imports
$22.1MWorld Rnk 15 / 194
Flag Rnk 776 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $15.9M in Audio and Video Recording Accessories, making it the 15th largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 638th most exported product in South Korea. The main destination of Audio and Video Recording Accessories exports from South Korea are: China ($6.47M), Japan ($3.98M), Thailand ($839k), Nigeria ($835k), and Malaysia ($785k).

The fastest growing export markets for Audio and Video Recording Accessories of South Korea between 2022 and 2023 were China ($2.23M), Malaysia ($638k), and Nigeria ($622k).

Imports In 2023, South Korea imported $22.1M in Audio and Video Recording Accessories, becoming the 15th largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 776th most imported product in South Korea. South Korea imports Audio and Video Recording Accessories primarily from: China ($12.2M), Thailand ($4.78M), United States ($1.4M), Singapore ($691k), and Indonesia ($627k).

The fastest growing import markets in Audio and Video Recording Accessories for South Korea between 2022 and 2023 were Thailand ($3.99M), Singapore ($690k), and Indonesia ($606k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-392k(-19.9%)
IMPORT GROWTH (December 2023 - December 2024)$170k(13.2%)
MAIN DESTINATION (December 2024)Japan$780k

This section shows Audio and Video Recording Accessories's exports and imports data at subnational level for South Korea. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Audio and Video Recording Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$15.9M
IMPORTS (2023)$22.1M
NET TRADE (2023)-$6.18M

In 2023, South Korea exported $15.9M in Audio and Video Recording Accessories. The main destinations of South Korea exports on Audio and Video Recording Accessories were China ($6.47M), Japan ($3.98M), Thailand ($839k), Nigeria ($835k), and Malaysia ($785k).

In 2023, South Korea imported $22.1M in Audio and Video Recording Accessories, mainly from China ($12.2M), Thailand ($4.78M), United States ($1.4M), Singapore ($691k), and Indonesia ($627k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Audio and Video Recording Accessories EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
China$2.23M (52.6%)
Malaysia$638k (434%)
Nigeria$622k (293%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio and Video Recording Accessories BY South Korea WERE (2022 - 2023):
Vietnam-$17.3M (-100%)
Japan-$1.76M (-30.7%)
United States-$894k (-68.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Audio and Video Recording Accessories were:
In 2023, South Korea's main importing competitors in Audio and Video Recording Accessories were:

Explore Visualizations

Trade Value of Audio and Video Recording Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.93M
TOP IMPORT POTENTIALChina+ $2.9M

Audio and Video Recording Accessories’s highest export potential is China. With an export gap of $1.93M.   Audio and Video Recording Accessories’s highest import potential is China with an import gap of $2.9M.

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