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Exports In 2022, South Korea exported $11.5M in Blades for metal working machines, making it the 11th largest exporter of Blades for metal working machines in the world. At the same year, Blades for metal working machines was the 1662nd most exported product in South Korea. The main destination of Blades for metal working machines exports from South Korea are: Vietnam ($3.65M), China ($3.46M), United States ($1.16M), India ($461k), and Japan ($373k).

The fastest growing export markets for Blades for metal working machines of South Korea between 2021 and 2022 were United States ($830k), India ($163k), and Austria ($160k).

Imports In 2022, South Korea imported $9.27M in Blades for metal working machines, becoming the 16th largest importer of Blades for metal working machines in the world. At the same year, Blades for metal working machines was the 2465th most imported product in South Korea. South Korea imports Blades for metal working machines primarily from: China ($6.57M), Germany ($594k), Japan ($504k), Switzerland ($459k), and Chinese Taipei ($291k).

The fastest growing import markets in Blades for metal working machines for South Korea between 2021 and 2022 were China ($4.25M), United States ($158k), and Italy ($156k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$11.5M
IMPORTS (2022)$9.27M
NET TRADE (2022)$2.19M

In 2022, South Korea exported $11.5M in Blades for metal working machines. The main destinations of South Korea exports on Blades for metal working machines were Vietnam ($3.65M), China ($3.46M), United States ($1.16M), India ($461k), and Japan ($373k).

In 2022, South Korea imported $9.27M in Blades for metal working machines, mainly from China ($6.57M), Germany ($594k), Japan ($504k), Switzerland ($459k), and Chinese Taipei ($291k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blades for metal working machines EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$830k (252%)
India$163k (54.6%)
Austria$160k (83.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blades for metal working machines BY South Korea WERE (2021 - 2022):
China-$1.08M (-23.8%)
Vietnam-$193k (-5.02%)
Denmark-$160k (-78.1%)

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 metal working machines were:
In 2022, South Korea's main importing competitors in Blades for metal working machines were:

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Trade Value of Blades for metal working machines by Exporters

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