Overview In November 2022 South Korea's Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories exports accounted up to $1.44B and imports accounted up to $1.85B, resulting in a negative trade balance of $411M. Between November 2021 and November 2022 the exports of South Korea's Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories have decreased by $-525M (-26.8%) from $1.96B to $1.44B, while imports decreased by $-91.2M (-4.7%) from $1.94B to $1.85B.
Destinations In November 2022, Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories were exported mostly to China ($557M), United States ($164M), Vietnam ($88.9M), Japan ($62.8M), and India ($44.6M), and were imported mostly from United States ($379M), China ($329M), Japan ($312M), Germany ($165M), and Chinese Taipei ($92.6M).
Growth In November 2022, the decrease in Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-10.1M or -4.19%), France ($-5.25M or -33.7%), and Japan ($-4.63M or -7.13%). In November 2022, the decrease in Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories's year-by-year imports was explained primarily by a decrease in imports from France ($-16.5M or -44.1%), China ($-14.1M or -4.94%), and Czechia ($-9.95M or -42.3%).