2022
Exports
$23.9BWorld Rnk 2 / 188
Flag Rnk 8 / 96
2022
PRODUCT COMPLEXITY IN Ships, boats, & floating structures
0.3Rnk 445 / 1025
2022
Imports
$1.96BWorld Rnk 19 / 223
Flag Rnk 41 / 96
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $23.9B in Ships, boats, & floating structures, making it the 2nd largest exporter of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 8th most exported product in South Korea. The main destination of Ships, boats, & floating structures exports from South Korea are: Mozambique ($4.45B), Liberia ($4.16B), Marshall Islands ($3.24B), India ($2.14B), and Malta ($1.57B).

The fastest growing export markets for Ships, boats, & floating structures of South Korea between 2021 and 2022 were Liberia ($2.19B), Mozambique ($1.95B), and India ($1.86B).

Imports In 2022, South Korea imported $1.96B in Ships, boats, & floating structures, becoming the 19th largest importer of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 41st most imported product in South Korea. South Korea imports Ships, boats, & floating structures primarily from: China ($889M), Japan ($246M), Panama ($218M), United States ($119M), and Malaysia ($93.4M).

The fastest growing import markets in Ships, boats, & floating structures for South Korea between 2021 and 2022 were Panama ($159M), Malaysia ($84.6M), and Libya ($54.8M).

COMPANIES In 2023, leading companies such as LG Electronics (35), General Motors (18), and Samsung (14) were at the forefront of shipping Ships, boats, & floating structures from South Korea to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$55.5M(3.7%)
IMPORT GROWTH (April 2023 - April 2024)$312M(1.79k%)
MAIN DESTINATION (April 2024)Liberia$368M

This section shows Ships, boats, & floating structures'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 Ships, boats, & floating structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.9B
IMPORTS (2022)$1.96B
NET TRADE (2022)$22B

In 2022, South Korea exported $23.9B in Ships, boats, & floating structures. The main destinations of South Korea exports on Ships, boats, & floating structures were Mozambique ($4.45B), Liberia ($4.16B), Marshall Islands ($3.24B), India ($2.14B), and Malta ($1.57B).

In 2022, South Korea imported $1.96B in Ships, boats, & floating structures, mainly from China ($889M), Japan ($246M), Panama ($218M), United States ($119M), and Malaysia ($93.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ships, boats, & floating structures EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Liberia$2.19B (111%)
Mozambique$1.95B (78.2%)
India$1.86B (673%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ships, boats, & floating structures BY South Korea WERE (2021 - 2022):
United States-$1.44B (-87.8%)
Malta-$1.38B (-46.8%)
Greece-$872M (-53%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Ships, boats, & floating structures were:
China $26.1B
Japan $9.94B
In 2022, South Korea's main importing competitors in Ships, boats, & floating structures were:

Explore Visualizations

Trade Value of Ships, boats, & floating structures by Exporters

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