Delivery Trucks in South Korea 2021 Exports | Imports : $1.57B | $573M, World Rnk 19 / 190 Rnk 68 / 1206 | World Rnk 43 / 223 Rnk 173 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $80M | $37.7M, Chile | Netherlands
2021 ECONOMIC COMPLEXITY of South Korea: 1.82, Rnk 4 / 131
2021 PRODUCT COMPLEXITY IN Delivery Trucks: 0.68, Rnk 283 / 1029
Exports In 2021, South Korea exported $1.57B in Delivery Trucks, making it the 19th largest exporter of Delivery Trucks in the world. At the same year, Delivery Trucks was the 68th most exported product in South Korea. The main destination of Delivery Trucks exports from South Korea are: Iraq ($212M), Chile ($163M), Vietnam ($134M), Cambodia ($109M), and Australia ($103M).
The fastest growing export markets for Delivery Trucks of South Korea between 2020 and 2021 were Chile ($80M), Vietnam ($70M), and Cambodia ($53.7M).
Imports In 2021, South Korea imported $573M in Delivery Trucks, becoming the 43rd largest importer of Delivery Trucks in the world. At the same year, Delivery Trucks was the 173rd most imported product in South Korea. South Korea imports Delivery Trucks primarily from: United States ($140M), Sweden ($113M), Netherlands ($85.4M), France ($47.9M), and Austria ($38.2M).
The fastest growing import markets in Delivery Trucks for South Korea between 2020 and 2021 were Netherlands ($37.7M), South Africa ($32.4M), and Sweden ($27.7M).
Tariffs In 2018, the average tariff for South Korea in Delivery Trucks was 6.07%. The countries with the highest import tariffs for Delivery Trucks were Botswana (Most Favoured Nation duty rate treatment, 9.7%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 9.7%), Cameroon (Most Favoured Nation duty rate treatment, 9.7%), Republic of the Congo (Most Favoured Nation duty rate treatment, 9.7%), and Cape Verde (Most Favoured Nation duty rate treatment, 9.7%).
March 2023
Overview In March 2023 South Korea's Delivery Trucks exports accounted up to $167M and imports accounted up to $57.9M, resulting in a positive trade balance of $109M. Between March 2022 and March 2023 the exports of South Korea's Delivery Trucks have increased by $52.1M (45.2%) from $115M to $167M, while imports increased by $4.08M (7.57%) from $53.9M to $57.9M.
Destinations In March 2023, Delivery Trucks were exported mostly to Turkey ($20.6M), Australia ($16.5M), Iraq ($11.3M), Chile ($8.84M), and Ukraine ($8.68M), and were imported mostly from Sweden ($23.3M), Netherlands ($12.7M), France ($4.22M), China ($4.18M), and United States ($2.8M).
Growth In March 2023, the increase in Delivery Trucks's year-by-year exports was explained primarily by an increase in exports to Iraq ($2.83M or 17.5%), Russia ($1.99M or 61.4%), and Saudi Arabia ($1.88M or 216%). In March 2023, the increase in Delivery Trucks's year-by-year imports was explained primarily by an increase in imports from Sweden ($8.69M or 113%), Netherlands ($6.48M or 295%), and Austria ($4.28M or 333%).
EXPORT GROWTH (March 2022 - March 2023): $52.1M, (45.2%)
IMPORT GROWTH (March 2022 - March 2023): $4.08M, (7.57%)
MAIN DESTINATION (March 2023): Turkey, $20.6M
This section shows Delivery Trucks'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 Delivery Trucks over time.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $1.57B
IMPORTS (2021): $573M
NET TRADE (2021): $995M
In 2021, South Korea exported $1.57B in Delivery Trucks. The main destinations of South Korea exports on Delivery Trucks were Iraq ($212M), Chile ($163M), Vietnam ($134M), Cambodia ($109M), and Australia ($103M).
In 2021, South Korea imported $573M in Delivery Trucks, mainly from United States ($140M), Sweden ($113M), Netherlands ($85.4M), France ($47.9M), and Austria ($38.2M).
THE FASTEST GROWING Delivery Trucks EXPORT MARKETS FOR South Korea WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Delivery Trucks BY South Korea WERE (2020 - 2021):
In 2021, South Korea's main exporting competitors in Delivery Trucks were:
In 2021, South Korea's main importing competitors in Delivery Trucks were:
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