Overview In June 2023 South Korea's Optical Fibers and optical fibre bundles exports accounted up to $221M and imports accounted up to $77.9M, resulting in a positive trade balance of $143M. Between June 2022 and June 2023 the exports of South Korea's Optical Fibers and optical fibre bundles have decreased by $-38.9M (-14.9%) from $260M to $221M, while imports decreased by $-53.9M (-40.9%) from $132M to $77.9M.
Destinations In June 2023, Optical Fibers and optical fibre bundles were exported mostly to China ($115M), Vietnam ($23.2M), Hong Kong ($15.4M), Japan ($15M), and Mexico ($10.2M), and were imported mostly from China ($19.3M), United States ($15.8M), Japan ($15.2M), Chinese Taipei ($9.48M), and Ireland ($3.72M).
Growth In June 2023, the decrease in Optical Fibers and optical fibre bundles's year-by-year exports was explained primarily by a decrease in exports to United States ($-4.64M or -34%), Vietnam ($-2.9M or -5.13%), and Slovenia ($-1.2M or -47.8%). In June 2023, the decrease in Optical Fibers and optical fibre bundles's year-by-year imports was explained primarily by a decrease in imports from United States ($-15.2M or -31.3%), Chinese Taipei ($-5.25M or -18.8%), and Ireland ($-1.61M or -21.8%).