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2022
Exports $23.9MWorld Rnk 22 / 184
Flag Rnk 613 / 1204
2022
Destination $1.22M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $1.22MIndia
2022
PRODUCT COMPLEXITY IN Cameras0.28Rnk 461 / 1025
2022
Imports $47.9MWorld Rnk 17 / 214
Flag Rnk 676 / 1213
2022
Origin $1.15M China
2021 - 2022
FASTEST GROWING ORIGIN $1.15MJapan
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $23.9M in Cameras, making it the 22nd largest exporter of Cameras in the world. At the same year, Cameras was the 613th most exported product in South Korea. The main destination of Cameras exports from South Korea are: Hong Kong ($8.15M), United States ($2.95M), Indonesia ($1.44M), India ($1.35M), and Japan ($1.26M).

The fastest growing export markets for Cameras of South Korea between 2021 and 2022 were India ($1.22M), Indonesia ($1.15M), and United Arab Emirates ($1.08M).

Imports In 2022, South Korea imported $47.9M in Cameras, becoming the 17th largest importer of Cameras in the world. At the same year, Cameras was the 676th most imported product in South Korea. South Korea imports Cameras primarily from: China ($20.2M), Poland ($7.1M), Thailand ($3.8M), Japan ($2.72M), and United States ($2.45M).

The fastest growing import markets in Cameras for South Korea between 2021 and 2022 were Japan ($1.15M), Thailand ($987k), and Philippines ($684k).

COMPANIES In 2023, leading companies such as LG Electronics (2), Haas Automation (1), and Signify Lighting (1) were at the forefront of shipping Cameras from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Cameras exports accounted up to $1.46M and imports accounted up to $2.68M, resulting in a negative trade balance of $1.22M. Between July 2023 and July 2024 the exports of South Korea's   Cameras have increased by $21k (1.46%) from $1.43M to $1.46M, while imports increased by $182k (7.29%) from $2.5M to $2.68M.

Destinations In July 2024, Cameras were exported mostly to United States ($246k), Poland ($232k), Vietnam ($212k), China ($164k), and United Kingdom ($92k), and were imported mostly from China ($1.41M), Vietnam ($312k), Thailand ($206k), Japan ($186k), and United States ($165k).

Growth In July 2024, the increase in Cameras's year-by-year exports was explained primarily by an increase in exports to Vietnam ($96k or 4.8k%), Poland ($50k or 2.5k%), and United States ($49k or 30.1%). In July 2024, the increase in Cameras's year-by-year imports was explained primarily by an increase in imports from Thailand ($1.09M or 223%), China ($159k or 10.6%), and United States ($117k or 77.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$21k(1.46%)
IMPORT GROWTH (July 2023 - July 2024)$182k(7.29%)
MAIN DESTINATION (July 2024)United States$246k

This section shows Cameras'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 Cameras over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.9M
IMPORTS (2022)$47.9M
NET TRADE (2022)-$24M

In 2022, South Korea exported $23.9M in Cameras. The main destinations of South Korea exports on Cameras were Hong Kong ($8.15M), United States ($2.95M), Indonesia ($1.44M), India ($1.35M), and Japan ($1.26M).

In 2022, South Korea imported $47.9M in Cameras, mainly from China ($20.2M), Poland ($7.1M), Thailand ($3.8M), Japan ($2.72M), and United States ($2.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cameras EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
India$1.22M (972%)
Indonesia$1.15M (398%)
United Arab Emirates$1.08M (2.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cameras BY South Korea WERE (2021 - 2022):
Hong Kong-$25.9M (-76%)
Poland-$1.14M (-97.7%)
United States-$993k (-25.2%)
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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 Cameras were:
China $809M
Hong Kong $404M
Malaysia $281M
In 2022, South Korea's main importing competitors in Cameras were:
China $682M
United States $369M
Hong Kong $182M

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Trade Value of Cameras by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.39M
TOP IMPORT POTENTIALChina+ $6.34M

Cameras’s highest export potential is United States. With an export gap of $1.39M.   Cameras’s highest import potential is China with an import gap of $6.34M.

See methodology.

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