2022
Exports
$2.17MWorld Rnk 26 / 132
Flag Rnk 2572 / 4439
falsefalse Japan
2022
Imports
$22MWorld Rnk 4 / 209
Flag Rnk 1798 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.17M in Hand-operated appliances, food preparation, <10kg, making it the 26th largest exporter of Hand-operated appliances, food preparation, <10kg in the world. At the same year, Hand-operated appliances, food preparation, <10kg was the 2572nd most exported product in South Korea. The main destination of Hand-operated appliances, food preparation, <10kg exports from South Korea are: Japan ($1.08M), United States ($344k), Malaysia ($241k), Chinese Taipei ($112k), and Canada ($77.6k).

The fastest growing export markets for Hand-operated appliances, food preparation, <10kg of South Korea between 2021 and 2022 were Malaysia ($237k), Chinese Taipei ($88.7k), and Canada ($41k).

Imports In 2022, South Korea imported $22M in Hand-operated appliances, food preparation, <10kg, becoming the 4th largest importer of Hand-operated appliances, food preparation, <10kg in the world. At the same year, Hand-operated appliances, food preparation, <10kg was the 1798th most imported product in South Korea. South Korea imports Hand-operated appliances, food preparation, <10kg primarily from: China ($18.5M), Germany ($791k), United States ($709k), Japan ($324k), and Sweden ($290k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Hand-operated appliances, food preparation, <10kg from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hand-operated appliances, food preparation, <10kg. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.17M
IMPORTS (2022)$22M
NET TRADE (2022)-$19.8M

In 2022, South Korea exported $2.17M in Hand-operated appliances, food preparation, <10kg. The main destinations of South Korea exports on Hand-operated appliances, food preparation, <10kg were Japan ($1.08M), United States ($344k), Malaysia ($241k), Chinese Taipei ($112k), and Canada ($77.6k).

In 2022, South Korea imported $22M in Hand-operated appliances, food preparation, <10kg, mainly from China ($18.5M), Germany ($791k), United States ($709k), Japan ($324k), and Sweden ($290k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-operated appliances, food preparation, EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$237k (6.14k%)
Chinese Taipei$88.7k (389%)
Canada$41k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-operated appliances, food preparation, BY South Korea WERE (2021 - 2022):
Japan-$507k (-31.9%)
United States-$481k (-58.3%)
China-$397k (-92.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Hand-operated appliances, food preparation,
China $357M
Germany $40.9M
France $33.7M
In 2022, South Korea's main importing competitors in Hand-operated appliances, food preparation,

Explore Visualizations

Trade Value of Hand-operated appliances, food preparation, <10kg by Exporters

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