South Korea / Liberia

Overview In February 2024, South Korea exported $300M and imported $39k from Liberia, resulting in a positive trade balance of $300M. Between February 2023 and February 2024 the exports of South Korea have decreased by $-57.3M (-16%) from $357M to $300M, while imports decreased by $-476k (-92.4%) from $515k to $39k.

Trade In February 2024, the top exports of South Korea to Liberia were Ships, boats, & floating structures ($265M), Machinery, mechanical appliances, & parts ($2.24M), Plastics & articles thereof ($124k), Cars, tractors, trucks & parts thereof. ($118k), and Organic chemicals ($51k). In February 2024 the top imports of South Korea from Liberia were Copper articles ($160k), Aluminum articles ($92k), Machinery, mechanical appliances, & parts ($9k), Ships, boats, & floating structures ($9k), and Products of the milling industry ($0).

Growth In February 2024, the decrease in South Korea's year-by-year exports to Liberia was explained primarily by an decrease in product exports in Pharmaceutical products ($-210k or -98.1%), Plastics & articles thereof ($-106k or -46.1%), and Iron or steel articles ($-41k or -100%). In February 2024, the decrease in South Korea's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in Copper articles ($-198k or -55.3%) and Machinery, mechanical appliances, & parts ($-1k or -10%).