South Korea / Ukraine

Overview In August 2024, South Korea exported $36M and imported $35.5M from Ukraine, resulting in a positive trade balance of $493k. Between August 2023 and August 2024 the exports of South Korea have increased by $13.6M (60.8%) from $22.4M to $36M, while imports decreased by $-47.4M (-57.2%) from $82.9M to $35.5M.

Trade In August 2024, the top exports of South Korea to Ukraine were Cars, tractors, trucks & parts thereof. ($9.4M), Perfumery & cosmetics ($4.08M), Optical, photo, & film equipment; medical... ($1.33M), Wadding, felt, nonwovens, twin, ropes, &... ($925k), and Pharmaceutical products ($525k). In August 2024 the top imports of South Korea from Ukraine were Cereals ($90.1M), Inorganic chemicals ($1.37M), Food residues & wastes; animal fodder ($665k), Non-knitted clothing accesories ($563k), and Electrical machinery and electronics ($516k).

Growth In August 2024, the increase in South Korea's year-by-year exports to Ukraine was explained primarily by an increase in product exports in Wadding, felt, nonwovens, twin, ropes, &... ($373k or 67.6%), Paper articles ($75k or 1.07k%), and Furniture, bedding, lamps, & prefab buildings ($75k or 1.5k%). In August 2024, the decrease in South Korea's year-by-year imports  from Ukraine was explained primarily by an decrease in product imports  in Electrical machinery and electronics ($-2.62M or -83.6%), Inorganic chemicals ($-2.38M or -63.6%), and Animal or vegetable fats, oils, &... ($-2.1M or -95.8%).