Audio and Video Recording Accessories in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $35.7M in Audio and Video Recording Accessories, making it the 7th largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 545th most exported product in South Korea. The main destination of Audio and Video Recording Accessories exports from South Korea are: Vietnam ($17.3M), Japan ($8.4M), China ($4.56M), United States ($1.73M), and United Kingdom ($536k).

The fastest growing export markets for Audio and Video Recording Accessories of South Korea between 2021 and 2022 were Vietnam ($1.5M), Japan ($1.01M), and United Kingdom ($483k).

Imports In 2022, South Korea imported $29.8M in Audio and Video Recording Accessories, becoming the 13th largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 770th most imported product in South Korea. South Korea imports Audio and Video Recording Accessories primarily from: China ($16.4M), Thailand ($8.19M), Japan ($1.1M), Malaysia ($1.08M), and United States ($600k).

The fastest growing import markets in Audio and Video Recording Accessories for South Korea between 2021 and 2022 were Thailand ($8.08M), Japan ($261k), and Malaysia ($258k).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTORNICS AMERICA, INC. (1) were at the forefront of shipping Audio and Video Recording Accessories from South Korea to the United States.

Latest Trends

March 2024

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Overview In March 2024 South Korea's Audio and Video Recording Accessories exports accounted up to $4.58M and imports accounted up to $1.08M, resulting in a positive trade balance of $3.5M. Between March 2023 and March 2024 the exports of South Korea's Audio and Video Recording Accessories have increased by $603k (15.1%) from $3.98M to $4.58M, while imports decreased by $-825k (-43.2%) from $1.91M to $1.08M.

Destinations In March 2024, Audio and Video Recording Accessories were exported mostly to Vietnam ($3.02M), Japan ($809k), United Kingdom ($462k), China ($168k), and Netherlands ($28k), and were imported mostly from China ($402k), United States ($392k), Germany ($97k), Japan ($60k), and United Kingdom ($51k).

Growth In March 2024, the increase in Audio and Video Recording Accessories's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($27k or 169%), China ($8k or 3.98%), and India ($8k or 100%). In March 2024, the decrease in Audio and Video Recording Accessories's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-52k or -98.1%), Japan ($-15k or -22.4%), and Germany ($-9k or -60%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$603k(15.1%)

IMPORT GROWTH (March 2023 - March 2024)$-825k(-43.2%)

MAIN DESTINATION (March 2024)Vietnam$3.02M

This section shows Audio and Video Recording Accessories'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 Audio and Video Recording Accessories over time.

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