Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles in   South Korea

Overview In June 2022 South Korea's Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles exports accounted up to $18.6B and imports accounted up to $11.5B, resulting in a positive trade balance of $7.14B. Between June 2021 and June 2022 the exports of South Korea's   Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles have increased by $1.69B (9.99%) from $16.9B to $18.6B, while imports increased by $2.68B (30.3%) from $8.83B to $11.5B.

Destinations In June 2022, Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles were exported mostly to China ($6.31B), Vietnam ($2.77B), Hong Kong ($2.12B), United States ($1.96B), and Chinese Taipei ($1.32B), and were imported mostly from China ($5.17B), Chinese Taipei ($2.04B), Japan ($879M), Vietnam ($795M), and United States ($659M).

Growth In June 2022, the increase in Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles's year-by-year exports was explained primarily by an increase in exports to China ($1.08B or 28.9%), Vietnam ($484M or 21%), and Chinese Taipei ($473M or 130%). In June 2022, the increase in Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles's year-by-year imports was explained primarily by an increase in imports from China ($862M or 27.1%), Chinese Taipei ($298M or 30.9%), and Japan ($183M or 33%).