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2022
Exports $1.14BWorld Rnk 5 / 171
Flag Rnk 38 / 96
2022
Destination $225M China
2021 - 2022
FASTEST GROWING MARKET $225MChina
2022
PRODUCT COMPLEXITY IN Photo & movie goods2.43Rnk 1 / 1025
2022
Imports $1.1BWorld Rnk 4 / 217
Flag Rnk 57 / 96
2022
Origin $2.18M Japan
2021 - 2022
FASTEST GROWING ORIGIN $2.18MMalaysia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.14B in Photo & movie goods, making it the 5th largest exporter of Photo & movie goods in the world. At the same year, Photo & movie goods was the 38th most exported product in South Korea. The main destination of Photo & movie goods exports from South Korea are: China ($871M), Chinese Taipei ($93.3M), Hong Kong ($52.7M), United States ($35.6M), and Japan ($33.8M).

The fastest growing export markets for Photo & movie goods of South Korea between 2021 and 2022 were China ($225M), Kazakhstan ($631k), and Indonesia ($434k).

Imports In 2022, South Korea imported $1.1B in Photo & movie goods, becoming the 4th largest importer of Photo & movie goods in the world. At the same year, Photo & movie goods was the 57th most imported product in South Korea. South Korea imports Photo & movie goods primarily from: Japan ($702M), China ($171M), Belgium ($69.9M), United States ($56.8M), and Malaysia ($50.1M).

The fastest growing import markets in Photo & movie goods for South Korea between 2021 and 2022 were Malaysia ($2.18M), China ($2.14M), and United Arab Emirates ($661k).

COMPANIES In 2023, leading companies such as LG Electronics (30), Tesla (12), and TE Connectivity (8) were at the forefront of shipping Photo & movie goods from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Photo & movie goods exports accounted up to $84.7M and imports accounted up to $93.5M, resulting in a negative trade balance of $8.72M. Between October 2023 and October 2024 the exports of South Korea's   Photo & movie goods have increased by $345k (0.41%) from $84.4M to $84.7M, while imports increased by $10M (12%) from $83.4M to $93.5M.

Destinations In October 2024, Photo & movie goods were exported mostly to China ($66.4M), Chinese Taipei ($6.92M), Hong Kong ($3.18M), Japan ($1.59M), and United States ($1.58M), and were imported mostly from Japan ($61.3M), China ($11.8M), United States ($8.32M), Belgium ($6.05M), and Chinese Taipei ($3.01M).

Growth In October 2024, the increase in Photo & movie goods's year-by-year exports was explained primarily by an increase in exports to United States ($1.35M or 92.7%), Russia ($401k or 40.1k%), and Vietnam ($197k or 25.9%). In October 2024, the increase in Photo & movie goods's year-by-year imports was explained primarily by an increase in imports from Netherlands ($1.03M or 371%), Singapore ($170k or 52.6%), and Vietnam ($86k or 176%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$345k(0.41%)
IMPORT GROWTH (October 2023 - October 2024)$10M(12%)
MAIN DESTINATION (October 2024)China$66.4M

This section shows Photo & movie goods'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 & movie goods over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.14B
IMPORTS (2022)$1.1B
NET TRADE (2022)$41.5M

In 2022, South Korea exported $1.14B in Photo & movie goods. The main destinations of South Korea exports on Photo & movie goods were China ($871M), Chinese Taipei ($93.3M), Hong Kong ($52.7M), United States ($35.6M), and Japan ($33.8M).

In 2022, South Korea imported $1.1B in Photo & movie goods, mainly from Japan ($702M), China ($171M), Belgium ($69.9M), United States ($56.8M), and Malaysia ($50.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photo & movie goods EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$225M (34.9%)
Kazakhstan$631k (3.94M%)
Indonesia$434k (140%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo & movie goods BY South Korea WERE (2021 - 2022):
Hong Kong-$95.3M (-64.4%)
Chinese Taipei-$42M (-31.1%)
United States-$4.78M (-11.8%)
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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 Photo & movie goods were:
Japan $5.28B
United States $2.18B
China $1.49B
In 2022, South Korea's main importing competitors in Photo & movie goods were:
China $3.42B
Chinese Taipei $1.62B
United States $1.43B

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Trade Value of Photo & movie goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.6M
TOP IMPORT POTENTIALGermany+ $5.68M

Photo & movie goods’s highest export potential is United States. With an export gap of $11.6M.   Photo & movie goods’s highest import potential is Germany with an import gap of $5.68M.

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