South Korea / Burma

Overview In April 2024, South Korea exported $29.9M and imported $40.6M from Burma, resulting in a negative trade balance of $10.8M. Between April 2023 and April 2024 the exports of South Korea have increased by $2.56M (9.36%) from $27.3M to $29.9M, while imports decreased by $-2.27M (-5.29%) from $42.9M to $40.6M.

Trade In April 2024, the top exports of South Korea to Burma were Ships, boats, & floating structures ($48.2M), Machinery, mechanical appliances, & parts ($4.46M), Perfumery & cosmetics ($3.22M), Cars, tractors, trucks & parts thereof. ($1.6M), and Plastics & articles thereof ($1.58M). In April 2024 the top imports of South Korea from Burma were Non-knitted clothing accesories ($21.1M), Knitted clothing accesories ($9.76M), Footwear ($1.94M), Preparations of vegetables, fruit, nuts or... ($1.78M), and Feather articles, feathers, artificial flowers, &... ($902k).

Growth In April 2024, the increase in South Korea's year-by-year exports to Burma was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($1.17M or 272%), Organic chemicals ($508k or 113%), and Man-made staple fibres ($253k or 61.4%). In April 2024, the decrease in South Korea's year-by-year imports  from Burma was explained primarily by an decrease in product imports  in Non-knitted clothing accesories ($-1.26M or -5.65%), Aluminum articles ($-483k or -94.5%), and Rubber & articles thereof ($-98k or -56.3%).