HS Icon Non-domestic, non-electric dryers nes in  Flag South Korea

2019
Exports | Imports
: $116M | $69.5M, World Rnk 6 / 125
Flag Rnk 501 / 4455 | World Rnk 8 / 205
Flag Rnk 820 / 4533

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $5.67M | $12M, Germany |  Japan

2019
ECONOMIC COMPLEXITY of South Korea
: 1.9, Rnk 5 / 147

2019
PRODUCT COMPLEXITY  IN Non-domestic, non-electric dryers nes
: 1.17, Rnk 285 / 2764

Exports In 2019, South Korea exported $116M in Non-domestic, non-electric dryers nes, making it the 6th largest exporter of Non-domestic, non-electric dryers nes in the world. At the same year, Non-domestic, non-electric dryers nes was the 501st most exported product in South Korea. The main destination of Non-domestic, non-electric dryers nes exports from South Korea are: China ($60.5M), Vietnam ($11.2M), United States ($6.29M), Hungary ($6.14M), and Germany ($6.13M).

The fastest growing export markets for Non-domestic, non-electric dryers nes of South Korea between 2018 and 2019 were Germany ($5.67M), Hungary ($5.14M), and United States ($3.4M).

Imports In 2019, South Korea imported $69.5M in Non-domestic, non-electric dryers nes, becoming the 8th largest importer of Non-domestic, non-electric dryers nes in the world. At the same year, Non-domestic, non-electric dryers nes was the 820th most imported product in South Korea. South Korea imports Non-domestic, non-electric dryers nes primarily from: Japan ($24.7M), China ($16M), Germany ($6.14M), Brazil ($5.31M), and Denmark ($2.88M).

The fastest growing import markets in Non-domestic, non-electric dryers nes for South Korea between 2018 and 2019 were Japan ($12M), China ($3.84M), and Germany ($3.56M).

Tariffs In 2018, the average tariff for South Korea in Non-domestic, non-electric dryers nes was 2.51%. The countries with the highest import tariffs for Non-domestic, non-electric dryers nes were Botswana (Most Favoured Nation duty rate treatement, 4%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 4%), Cameroon (Most Favoured Nation duty rate treatement, 4%), Republic of the Congo (Most Favoured Nation duty rate treatement, 4%), and Cape Verde (Most Favoured Nation duty rate treatement, 4%).

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2019): $116M

IMPORTS (2019): $69.5M

NET TRADE (2019): $46.5M

In 2019, South Korea exported $116M in Non-domestic, non-electric dryers nes. The main destinations of South Korea exports on Non-domestic, non-electric dryers nes were China ($60.5M), Vietnam ($11.2M), United States ($6.29M), Hungary ($6.14M), and Germany ($6.13M).

In 2019, South Korea imported $69.5M in Non-domestic, non-electric dryers nes, mainly from Japan ($24.7M), China ($16M), Germany ($6.14M), Brazil ($5.31M), and Denmark ($2.88M).

Explore Visualizations

IN 2019, South Korea HAD A POSITIVE NET TRADE IN Non-domestic, non-electric dryers nes WITH:

IN 2019, South Korea HAD A NEGATIVE NET TRADE IN Non-domestic, non-electric dryers nes WITH:

Flow

THE FASTEST GROWING Non-domestic, non-electric dryers nes EXPORT MARKETS FOR South Korea WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-domestic, non-electric dryers nes BY South Korea WERE (2018 - 2019):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2019, South Korea's main exporting competitors in Non-domestic, non-electric dryers nes were:

In 2019, South Korea's main importing competitors in Non-domestic, non-electric dryers nes were:

Explore Visualizations

Tariffs by Country

#permalink to section

In 2018, the average tariff for South Korea in Non-domestic, non-electric dryers nes was 2.51%.

The countries with the highest tariffs for Non-domestic, non-electric dryers nes in South Korea were Botswana (Most Favoured Nation duty rate treatement, 4%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 4%), Cameroon (Most Favoured Nation duty rate treatement, 4%), Republic of the Congo (Most Favoured Nation duty rate treatement, 4%), and Cape Verde (Most Favoured Nation duty rate treatement, 4%).