2023
Exports
$28.5MWorld Rnk 6 / 132
Flag Rnk 537 / 1188
falsefalse China
2023
PRODUCT COMPLEXITY IN Photo Lab Equipment
1.85Rnk 9 / 1025
2023
Imports
$23.4MWorld Rnk 6 / 206
Flag Rnk 763 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $28.5M in Photo Lab Equipment, making it the 6th largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 537th most exported product in South Korea. The main destination of Photo Lab Equipment exports from South Korea are: China ($19.4M), Philippines ($5.6M), United States ($755k), Austria ($504k), and Malaysia ($422k).

Imports In 2023, South Korea imported $23.4M in Photo Lab Equipment, becoming the 6th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 763rd most imported product in South Korea. South Korea imports Photo Lab Equipment primarily from: Japan ($16.4M), China ($4.01M), Germany ($827k), Poland ($617k), and United States ($359k).

The fastest growing import markets in Photo Lab Equipment for South Korea between 2022 and 2023 were Germany ($259k), Netherlands ($235k), and Spain ($158k).

COMPANIES In 2024, leading companies such as Jushi Fiberglass (7) and General Motors (2) were at the forefront of shipping Photo Lab Equipment from South Korea to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$745k(86.3%)
IMPORT GROWTH (January 2024 - January 2025)$-2.69M(-77.4%)
MAIN DESTINATION (January 2025)United States$1.02M

This section shows Photo Lab Equipment'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 Photo Lab Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$28.5M
IMPORTS (2023)$23.4M
NET TRADE (2023)$5.15M

In 2023, South Korea exported $28.5M in Photo Lab Equipment. The main destinations of South Korea exports on Photo Lab Equipment were China ($19.4M), Philippines ($5.6M), United States ($755k), Austria ($504k), and Malaysia ($422k).

In 2023, South Korea imported $23.4M in Photo Lab Equipment, mainly from Japan ($16.4M), China ($4.01M), Germany ($827k), Poland ($617k), and United States ($359k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Photo Lab Equipment were:
In 2023, South Korea's main importing competitors in Photo Lab Equipment were:

Explore Visualizations

Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.02M
TOP IMPORT POTENTIALChina+ $3.48M

Photo Lab Equipment’s highest export potential is United States. With an export gap of $1.02M.   Photo Lab Equipment’s highest import potential is China with an import gap of $3.48M.

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