2022
Exports
$952kWorld Rnk 36 / 115
Flag Rnk 3021 / 4439
2022
Imports
$4.42MWorld Rnk 29 / 187
Flag Rnk 3045 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $952k in Blades for agricultural and forestry machinery, making it the 36th largest exporter of Blades for agricultural and forestry machinery in the world. At the same year, Blades for agricultural and forestry machinery was the 3021st most exported product in South Korea. The main destination of Blades for agricultural and forestry machinery exports from South Korea are: Japan ($357k), Chile ($312k), Thailand ($56.2k), United States ($52k), and Canada ($51.5k).

The fastest growing export markets for Blades for agricultural and forestry machinery of South Korea between 2021 and 2022 were Chile ($116k), China ($31.6k), and Thailand ($26k).

Imports In 2022, South Korea imported $4.42M in Blades for agricultural and forestry machinery, becoming the 29th largest importer of Blades for agricultural and forestry machinery in the world. At the same year, Blades for agricultural and forestry machinery was the 3045th most imported product in South Korea. South Korea imports Blades for agricultural and forestry machinery primarily from: Japan ($3.16M), China ($349k), United States ($324k), Germany ($286k), and France ($72.7k).

The fastest growing import markets in Blades for agricultural and forestry machinery for South Korea between 2021 and 2022 were China ($138k), Germany ($104k), and Ireland ($56.9k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Blades for agricultural and forestry machinery from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Blades for agricultural and forestry machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$952k
IMPORTS (2022)$4.42M
NET TRADE (2022)-$3.46M

In 2022, South Korea exported $952k in Blades for agricultural and forestry machinery. The main destinations of South Korea exports on Blades for agricultural and forestry machinery were Japan ($357k), Chile ($312k), Thailand ($56.2k), United States ($52k), and Canada ($51.5k).

In 2022, South Korea imported $4.42M in Blades for agricultural and forestry machinery, mainly from Japan ($3.16M), China ($349k), United States ($324k), Germany ($286k), and France ($72.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blades for agricultural and forestry machinery EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chile$116k (59%)
China$31.6k (328%)
Thailand$26k (86.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blades for agricultural and forestry machinery BY South Korea WERE (2021 - 2022):
Japan-$210k (-37%)
Saudi Arabia-$46.9k (-100%)
Ecuador-$13.6k (-76.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Blades for agricultural and forestry machinery were:
In 2022, South Korea's main importing competitors in Blades for agricultural and forestry machinery were:

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Trade Value of Blades for agricultural and forestry machinery by Exporters

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