2022
Exports | Imports
$67.1M | $98.8MWorld Rnk 27 / 157
Flag Rnk 437 / 1204
World Rnk 28 / 215
Flag Rnk 514 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.71Rnk 4 / 124
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.71Rnk 284 / 1025

About

Exports In 2022, South Korea exported $67.1M in Unpackaged Medicaments, making it the 27th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 437th most exported product in South Korea. The main destination of Unpackaged Medicaments exports from South Korea are: United States ($16.4M), Japan ($12.8M), India ($4.53M), Egypt ($3.98M), and Canada ($3.92M).

The fastest growing export markets for Unpackaged Medicaments of South Korea between 2021 and 2022 were United States ($11.4M), Japan ($3.24M), and Jordan ($2.33M).

Imports In 2022, South Korea imported $98.8M in Unpackaged Medicaments, becoming the 28th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 514th most imported product in South Korea. South Korea imports Unpackaged Medicaments primarily from: China ($36.1M), Norway ($9.87M), Germany ($7.07M), Spain ($6.1M), and Japan ($4.95M).

The fastest growing import markets in Unpackaged Medicaments for South Korea between 2021 and 2022 were China ($4.61M), Slovenia ($2.17M), and Spain ($2.16M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (178) were at the forefront of shipping Unpackaged Medicaments from South Korea to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$7.19M(129%)
IMPORT GROWTH (February 2023 - February 2024)$-1.96M(-16.8%)
MAIN DESTINATION (February 2024)United States$8.35M

This section shows Unpackaged Medicaments'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 Unpackaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$67.1M
IMPORTS (2022)$98.8M
NET TRADE (2022)-$31.8M

In 2022, South Korea exported $67.1M in Unpackaged Medicaments. The main destinations of South Korea exports on Unpackaged Medicaments were United States ($16.4M), Japan ($12.8M), India ($4.53M), Egypt ($3.98M), and Canada ($3.92M).

In 2022, South Korea imported $98.8M in Unpackaged Medicaments, mainly from China ($36.1M), Norway ($9.87M), Germany ($7.07M), Spain ($6.1M), and Japan ($4.95M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$11.4M (225%)
Japan$3.24M (34.1%)
Jordan$2.33M (3.16k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY South Korea WERE (2021 - 2022):
India-$3.77M (-45.4%)
Chinese Taipei-$3.76M (-86.4%)
Colombia-$1.31M (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Unpackaged Medicaments were:
In 2022, South Korea's main importing competitors in Unpackaged Medicaments were:

Explore Visualizations

Trade Value of Unpackaged Medicaments by Exporters

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