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Pricing

2022
Exports $1.17MWorld Rnk 14 / 91
Flag Rnk 970 / 1204
2022
Destination $11.1k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $11.1kJapan
2022
Imports $1.03MWorld Rnk 23 / 139
Flag Rnk 1134 / 1213
2022
Origin $24.3k Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $24.3kHong Kong
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.17M in Incomplete Movement Sets, making it the 14th largest exporter of Incomplete Movement Sets in the world. At the same year, Incomplete Movement Sets was the 970th most exported product in South Korea. The main destination of Incomplete Movement Sets exports from South Korea are: Hong Kong ($1.08M), Switzerland ($62.1k), Japan ($11.3k), United Kingdom ($5.1k), and United States ($3.38k).

The fastest growing export markets for Incomplete Movement Sets of South Korea between 2021 and 2022 were Japan ($11.1k), United States ($3.26k), and United Kingdom ($2.06k).

Imports In 2018, South Korea imported $1.03M in Incomplete Movement Sets, becoming the 23rd largest importer of Incomplete Movement Sets in the world. At the same year, Incomplete Movement Sets was the 1134th most imported product in South Korea. South Korea imports Incomplete Movement Sets primarily from: Switzerland ($569k), China ($340k), Japan ($36.2k), Hong Kong ($35.8k), and Italy ($26.3k).

The fastest growing import markets in Incomplete Movement Sets for South Korea between 2021 and 2022 were Hong Kong ($24.3k), United Kingdom ($16.4k), and China ($8.87k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Incomplete Movement Sets exports accounted up to $15k and imports accounted up to $136k, resulting in a negative trade balance of $121k. Between October 2023 and October 2024 the exports of South Korea's   Incomplete Movement Sets have decreased by $-24k (-61.5%) from $39k to $15k, while imports decreased by $-67k (-33%) from $203k to $136k.

Destinations In October 2024, Incomplete Movement Sets were exported mostly to Hong Kong ($15k), China ($0), Switzerland ($0), and Canada ($0), and were imported mostly from Switzerland ($134k), China ($2k), Hong Kong ($0), and Canada ($0).

Growth In October 2024, the decrease in Incomplete Movement Sets's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-94k or -74.6%) and Switzerland ($-3k or -16.7%). In October 2024, the decrease in Incomplete Movement Sets's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-137k or -42%) and China ($-133k or -88.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-24k(-61.5%)
IMPORT GROWTH (October 2023 - October 2024)$-67k(-33%)
MAIN DESTINATION (October 2024)Hong Kong$15k

This section shows Incomplete Movement Sets'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 Incomplete Movement Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.17M
IMPORTS (2022)$1.03M
NET TRADE (2022)$140k

In 2022, South Korea exported $1.17M in Incomplete Movement Sets. The main destinations of South Korea exports on Incomplete Movement Sets were Hong Kong ($1.08M), Switzerland ($62.1k), Japan ($11.3k), United Kingdom ($5.1k), and United States ($3.38k).

In 2022, South Korea imported $1.03M in Incomplete Movement Sets, mainly from Switzerland ($569k), China ($340k), Japan ($36.2k), Hong Kong ($35.8k), and Italy ($26.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Incomplete Movement Sets EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$11.1k (4.37k%)
United States$3.26k (2.71k%)
United Kingdom$2.06k (67.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Incomplete Movement Sets BY South Korea WERE (2021 - 2022):
Hong Kong-$785k (-42%)
Switzerland-$16.7k (-21.2%)
Argentina-$8.75k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Incomplete Movement Sets were:
Singapore $72.3M
Malaysia $71.4M
Japan $71.4M
In 2022, South Korea's main importing competitors in Incomplete Movement Sets were:
Japan $99.1M
Hong Kong $91.1M
Singapore $37.4M

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Trade Value of Incomplete Movement Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $31.5k
TOP IMPORT POTENTIALChina+ $212k

Incomplete Movement Sets’s highest export potential is Japan. With an export gap of $31.5k.   Incomplete Movement Sets’s highest import potential is China with an import gap of $212k.

See methodology.

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