HS Icon Metalworking Transfer Machines in  Flag South Korea

2020
Exports | Imports
: $367M | $141M, World Rnk 6 / 84
Flag Rnk 168 / 1207 | World Rnk 14 / 166
Flag Rnk 380 / 1211

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $16.2M | $3.37M, Indonesia |  Italy

2020
ECONOMIC COMPLEXITY of South Korea
: 1.88, Rnk 5 / 127

2020
PRODUCT COMPLEXITY  IN Metalworking Transfer Machines
: 2.55, Rnk 1 / 1029

Exports In 2020, South Korea exported $367M in Metalworking Transfer Machines, making it the 6th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 168th most exported product in South Korea. The main destination of Metalworking Transfer Machines exports from South Korea are: United States ($92.7M), China ($58.7M), India ($34.2M), Vietnam ($29.6M), and Germany ($28.6M).

The fastest growing export markets for Metalworking Transfer Machines of South Korea between 2019 and 2020 were Indonesia ($16.2M), Turkey ($6.44M), and Canada ($1.52M).

Imports In 2020, South Korea imported $141M in Metalworking Transfer Machines, becoming the 14th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 380th most imported product in South Korea. South Korea imports Metalworking Transfer Machines primarily from: Japan ($75M), Germany ($21.5M), Chinese Taipei ($20.3M), China ($7.54M), and United States ($5.29M).

The fastest growing import markets in Metalworking Transfer Machines for South Korea between 2019 and 2020 were Italy ($3.37M), China ($1.46M), and Austria ($1.45M).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (September 2021 - September 2022): $624k, (1.38%)

IMPORT GROWTH (September 2021 - September 2022): $-1.29M, (-8.53%)

MAIN DESTINATION (September 2022): United States, $10M

This section shows Metalworking Transfer Machines'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 Metalworking Transfer Machines over time.

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Historical Data

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EXPORTS (2020): $367M

IMPORTS (2020): $141M

NET TRADE (2020): $226M

In 2020, South Korea exported $367M in Metalworking Transfer Machines. The main destinations of South Korea exports on Metalworking Transfer Machines were United States ($92.7M), China ($58.7M), India ($34.2M), Vietnam ($29.6M), and Germany ($28.6M).

In 2020, South Korea imported $141M in Metalworking Transfer Machines, mainly from Japan ($75M), Germany ($21.5M), Chinese Taipei ($20.3M), China ($7.54M), and United States ($5.29M).

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Flow

THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR South Korea WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY South Korea WERE (2019 - 2020):

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Market Concentration

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In 2020, South Korea's main exporting competitors in Metalworking Transfer Machines were:

In 2020, South Korea's main importing competitors in Metalworking Transfer Machines were:

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