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2022
Exports $93.9MWorld Rnk 8 / 113
Flag Rnk 385 / 1204
2022
Destination $3.1M China
2021 - 2022
FASTEST GROWING MARKET $3.1MChinese Taipei
2022
PRODUCT COMPLEXITY IN Non-optical Microscopes1.86Rnk 13 / 1025
2022
Imports $422MWorld Rnk 3 / 181
Flag Rnk 217 / 1213
2022
Origin $12.5M Japan
2021 - 2022
FASTEST GROWING ORIGIN $12.5MNetherlands
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $93.9M in Non-optical Microscopes, making it the 8th largest exporter of Non-optical Microscopes in the world. At the same year, Non-optical Microscopes was the 385th most exported product in South Korea. The main destination of Non-optical Microscopes exports from South Korea are: China ($44.8M), Chinese Taipei ($12.2M), United States ($10.4M), Germany ($5.66M), and Japan ($5.64M).

The fastest growing export markets for Non-optical Microscopes of South Korea between 2021 and 2022 were Chinese Taipei ($3.1M), China ($3.02M), and Japan ($2.89M).

Imports In 2022, South Korea imported $422M in Non-optical Microscopes, becoming the 3rd largest importer of Non-optical Microscopes in the world. At the same year, Non-optical Microscopes was the 217th most imported product in South Korea. South Korea imports Non-optical Microscopes primarily from: Japan ($115M), Israel ($115M), Netherlands ($63.2M), Czechia ($60.3M), and United States ($22.5M).

The fastest growing import markets in Non-optical Microscopes for South Korea between 2021 and 2022 were Netherlands ($12.5M), Czechia ($8.75M), and Israel ($8.49M).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Non-optical Microscopes exports accounted up to $8.98M and imports accounted up to $28.2M, resulting in a negative trade balance of $19.2M. Between September 2023 and September 2024 the exports of South Korea's   Non-optical Microscopes have decreased by $-376k (-4.02%) from $9.36M to $8.98M, while imports decreased by $-6.5M (-18.7%) from $34.7M to $28.2M.

Destinations In September 2024, Non-optical Microscopes were exported mostly to Chinese Taipei ($2.24M), United States ($1.55M), Japan ($1.28M), China ($871k), and Germany ($804k), and were imported mostly from Czechia ($10.9M), United States ($3.91M), Israel ($3.5M), Japan ($3.42M), and United Kingdom ($3.42M).

Growth In September 2024, the decrease in Non-optical Microscopes's year-by-year exports was explained primarily by a decrease in exports to Singapore ($-824k or -94.3%), Japan ($-650k or -71.2%), and Indonesia ($-81k or -98.8%). In September 2024, the decrease in Non-optical Microscopes's year-by-year imports was explained primarily by a decrease in imports from Japan ($-5.23M or -18.2%), Chinese Taipei ($-63k or -90%), and India ($-61k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-376k(-4.02%)
IMPORT GROWTH (September 2023 - September 2024)$-6.5M(-18.7%)
MAIN DESTINATION (September 2024)Chinese Taipei$2.24M

This section shows Non-optical Microscopes'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 Non-optical Microscopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$93.9M
IMPORTS (2022)$422M
NET TRADE (2022)-$328M

In 2022, South Korea exported $93.9M in Non-optical Microscopes. The main destinations of South Korea exports on Non-optical Microscopes were China ($44.8M), Chinese Taipei ($12.2M), United States ($10.4M), Germany ($5.66M), and Japan ($5.64M).

In 2022, South Korea imported $422M in Non-optical Microscopes, mainly from Japan ($115M), Israel ($115M), Netherlands ($63.2M), Czechia ($60.3M), and United States ($22.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-optical Microscopes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chinese Taipei$3.1M (33.9%)
China$3.02M (7.23%)
Japan$2.89M (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-optical Microscopes BY South Korea WERE (2021 - 2022):
Vietnam-$1.18M (-70.8%)
Germany-$823k (-12.7%)
Singapore-$675k (-18.7%)
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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 Non-optical Microscopes were:
Czechia $798M
Netherlands $716M
Japan $478M
In 2022, South Korea's main importing competitors in Non-optical Microscopes were:
China $762M
United States $444M

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Trade Value of Non-optical Microscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.12M
TOP IMPORT POTENTIALChina+ $4.4M

Non-optical Microscopes’s highest export potential is China. With an export gap of $5.12M.   Non-optical Microscopes’s highest import potential is China with an import gap of $4.4M.

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