HS Icon Photo Lab Equipment in  Flag South Korea

2020
Exports | Imports
: $1.94B | $10.9B, World Rnk 5 / 121
Flag Rnk 45 / 1207 | World Rnk 3 / 203
Flag Rnk 6 / 1211

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $51.8M | $2.47B, Singapore |  Netherlands

2020
ECONOMIC COMPLEXITY of South Korea
: 1.88, Rnk 5 / 127

2020
PRODUCT COMPLEXITY  IN Photo Lab Equipment
: 2.15, Rnk 3 / 1029

Exports In 2020, South Korea exported $1.94B in Photo Lab Equipment, making it the 5th largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 45th most exported product in South Korea. The main destination of Photo Lab Equipment exports from South Korea are: China ($1.42B), United States ($122M), Singapore ($104M), Chinese Taipei ($102M), and Japan ($88.9M).

The fastest growing export markets for Photo Lab Equipment of South Korea between 2019 and 2020 were Singapore ($51.8M), United States ($30.4M), and Hungary ($9.5M).

Imports In 2020, South Korea imported $10.9B in Photo Lab Equipment, becoming the 3rd largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 6th most imported product in South Korea. South Korea imports Photo Lab Equipment primarily from: Netherlands ($3.75B), United States ($3.28B), Japan ($2.74B), Singapore ($902M), and China ($81M).

The fastest growing import markets in Photo Lab Equipment for South Korea between 2019 and 2020 were Netherlands ($2.47B), United States ($1.36B), and Japan ($1.24B).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (September 2021 - September 2022): $1.03M, (29.2%)

IMPORT GROWTH (September 2021 - September 2022): $6.84M, (276%)

MAIN DESTINATION (September 2022): China, $3.72M

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

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EXPORTS (2020): $1.94B

IMPORTS (2020): $10.9B

NET TRADE (2020): -$8.94B

In 2020, South Korea exported $1.94B in Photo Lab Equipment. The main destinations of South Korea exports on Photo Lab Equipment were China ($1.42B), United States ($122M), Singapore ($104M), Chinese Taipei ($102M), and Japan ($88.9M).

In 2020, South Korea imported $10.9B in Photo Lab Equipment, mainly from Netherlands ($3.75B), United States ($3.28B), Japan ($2.74B), Singapore ($902M), and China ($81M).

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Flow

THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR South Korea WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY South Korea WERE (2019 - 2020):

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Market Concentration

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In 2020, South Korea's main exporting competitors in Photo Lab Equipment were:

In 2020, South Korea's main importing competitors in Photo Lab Equipment were:

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