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2022
Exports $36.3MWorld Rnk 11 / 177
Flag Rnk 541 / 1204
2022
Destination $2.64M China
2021 - 2022
FASTEST GROWING MARKET $2.64MChina
2022
PRODUCT COMPLEXITY IN Breathing Appliances0.3Rnk 449 / 1025
2022
Imports $42.9MWorld Rnk 11 / 217
Flag Rnk 702 / 1213
2022
Origin $7.04M United States
2021 - 2022
FASTEST GROWING ORIGIN $7.04MUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $36.3M in Breathing Appliances, making it the 11th largest exporter of Breathing Appliances in the world. At the same year, Breathing Appliances was the 541st most exported product in South Korea. The main destination of Breathing Appliances exports from South Korea are: China ($15.7M), United States ($5.03M), Indonesia ($2.54M), Japan ($2.29M), and Philippines ($1.51M).

The fastest growing export markets for Breathing Appliances of South Korea between 2021 and 2022 were China ($2.64M), United States ($1.66M), and Poland ($623k).

Imports In 2022, South Korea imported $42.9M in Breathing Appliances, becoming the 11th largest importer of Breathing Appliances in the world. At the same year, Breathing Appliances was the 702nd most imported product in South Korea. South Korea imports Breathing Appliances primarily from: United States ($22.4M), Poland ($3.93M), China ($3.56M), Philippines ($2.8M), and Singapore ($2.23M).

The fastest growing import markets in Breathing Appliances for South Korea between 2021 and 2022 were United States ($7.04M), Philippines ($1.55M), and Poland ($1.18M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Breathing Appliances exports accounted up to $1.77M and imports accounted up to $2.8M, resulting in a negative trade balance of $1.04M. Between July 2023 and July 2024 the exports of South Korea's   Breathing Appliances have decreased by $-82k (-4.44%) from $1.85M to $1.77M, while imports decreased by $-2.1M (-42.8%) from $4.9M to $2.8M.

Destinations In July 2024, Breathing Appliances were exported mostly to United States ($520k), China ($277k), Japan ($201k), Poland ($123k), and Canada ($98k), and were imported mostly from United States ($1.11M), Philippines ($602k), Italy ($255k), Japan ($192k), and Poland ($179k).

Growth In July 2024, the decrease in Breathing Appliances's year-by-year exports was explained primarily by a decrease in exports to Czechia ($-117k or -100%), Japan ($-111k or -32.6%), and Vietnam ($-81k or -76.4%). In July 2024, the decrease in Breathing Appliances's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-210k or -91.7%), China ($-117k or -31.8%), and Singapore ($-84k or -33.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-82k(-4.44%)
IMPORT GROWTH (July 2023 - July 2024)$-2.1M(-42.8%)
MAIN DESTINATION (July 2024)United States$520k

This section shows Breathing Appliances'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 Breathing Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.3M
IMPORTS (2022)$42.9M
NET TRADE (2022)-$6.6M

In 2022, South Korea exported $36.3M in Breathing Appliances. The main destinations of South Korea exports on Breathing Appliances were China ($15.7M), United States ($5.03M), Indonesia ($2.54M), Japan ($2.29M), and Philippines ($1.51M).

In 2022, South Korea imported $42.9M in Breathing Appliances, mainly from United States ($22.4M), Poland ($3.93M), China ($3.56M), Philippines ($2.8M), and Singapore ($2.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Breathing Appliances EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$2.64M (20.3%)
United States$1.66M (49.3%)
Poland$623k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Breathing Appliances BY South Korea WERE (2021 - 2022):
Thailand-$3.04M (-77.6%)
Hong Kong-$1.35M (-60%)
Chinese Taipei-$1.13M (-72.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Breathing Appliances were:
United States $490M
Germany $322M
United Kingdom $259M
In 2022, South Korea's main importing competitors in Breathing Appliances were:
United States $215M
Germany $207M
Canada $130M

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Trade Value of Breathing Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.42M
TOP IMPORT POTENTIALChina+ $1.75M

Breathing Appliances’s highest export potential is China. With an export gap of $1.42M.   Breathing Appliances’s highest import potential is China with an import gap of $1.75M.

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