2022
Exports | Imports
$256M | $625MWorld Rnk 11 / 198
Flag Rnk 239 / 1204
World Rnk 6 / 214
Flag Rnk 163 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.71Rnk 4 / 124
2022
PRODUCT COMPLEXITY IN Electrical Resistors
0.77Rnk 255 / 1025

About

Exports In 2022, South Korea exported $256M in Electrical Resistors, making it the 11th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 239th most exported product in South Korea. The main destination of Electrical Resistors exports from South Korea are: Vietnam ($69.9M), China ($62.2M), India ($22.8M), Thailand ($11.4M), and United States ($9.81M).

The fastest growing export markets for Electrical Resistors of South Korea between 2021 and 2022 were India ($8.26M), United Arab Emirates ($3.59M), and Indonesia ($1.37M).

Imports In 2022, South Korea imported $625M in Electrical Resistors, becoming the 6th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 163rd most imported product in South Korea. South Korea imports Electrical Resistors primarily from: China ($419M), Japan ($43.4M), Chinese Taipei ($37.3M), Germany ($23.9M), and Philippines ($18.9M).

The fastest growing import markets in Electrical Resistors for South Korea between 2021 and 2022 were China ($255M), United States ($4.26M), and Austria ($898k).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (178), SAMSUNG ELECTRONICS AMERICA (162), and CITY FURNITURE (3) were at the forefront of shipping Electrical Resistors from South Korea to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$4.21M(26.1%)
IMPORT GROWTH (January 2023 - January 2024)$5.55M(21.3%)
MAIN DESTINATION (January 2024)Vietnam$6.77M

This section shows Electrical Resistors'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 Electrical Resistors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$256M
IMPORTS (2022)$625M
NET TRADE (2022)-$369M

In 2022, South Korea exported $256M in Electrical Resistors. The main destinations of South Korea exports on Electrical Resistors were Vietnam ($69.9M), China ($62.2M), India ($22.8M), Thailand ($11.4M), and United States ($9.81M).

In 2022, South Korea imported $625M in Electrical Resistors, mainly from China ($419M), Japan ($43.4M), Chinese Taipei ($37.3M), Germany ($23.9M), and Philippines ($18.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
India$8.26M (56.9%)
Indonesia$1.37M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY South Korea WERE (2021 - 2022):
China-$10M (-13.9%)
Hong Kong-$2.07M (-26.9%)
United States-$2.04M (-17.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, South Korea's main importing competitors in Electrical Resistors were:

Explore Visualizations

Trade Value of Electrical Resistors by Exporters

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