Friction Material in   South Korea

Overview In July 2024 South Korea's Friction Material exports accounted up to $1.13M and imports accounted up to $2.06M, resulting in a negative trade balance of $929k. Between July 2023 and July 2024 the exports of South Korea's   Friction Material have decreased by $-57k (-4.8%) from $1.19M to $1.13M, while imports increased by $106k (5.43%) from $1.95M to $2.06M.

Destinations In July 2024, Friction Material were exported mostly to China ($526k), India ($225k), Egypt ($171k), Vietnam ($66k), and Pakistan ($36k), and were imported mostly from United States ($1.51M), China ($261k), Germany ($128k), Japan ($106k), and India ($27k).

Growth In July 2024, the decrease in Friction Material's year-by-year exports was explained primarily by a decrease in exports to China ($-301k or -48.7%), Vietnam ($-83k or -83%), and United Kingdom ($-46k or -90.2%). In July 2024, the increase in Friction Material's year-by-year imports was explained primarily by an increase in imports from United States ($925k or 73.1%), China ($133k or 129%), and Japan ($44k or 39.3%).