South Korea / Ukraine

Overview In July 2024, South Korea exported $32.8M and imported $37.1M from Ukraine, resulting in a negative trade balance of $4.28M. Between July 2023 and July 2024 the exports of South Korea have decreased by $-5.45M (-14.2%) from $38.3M to $32.8M, while imports decreased by $-72.3M (-66.1%) from $109M to $37.1M.

Trade In July 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 July 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 July 2024, the decrease in South Korea's year-by-year exports to Ukraine was explained primarily by an decrease in product exports in Plastics & articles thereof ($-6.3M or -97.2%), Machinery, mechanical appliances, & parts ($-5.81M or -95.5%), and Iron & steel ($-4.84M or -90.8%). In July 2024, the decrease in South Korea's year-by-year imports  from Ukraine was explained primarily by an decrease in product imports  in Electrical machinery and electronics ($-2.62M or -83.6%), Inorganic chemicals ($-2.38M or -63.6%), and Animal or vegetable fats, oils, &... ($-2.1M or -95.8%).