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2023
Exports $5.59BWorld Rnk 3 / 215
Flag Rnk 16 / 1188
2023
Destination $16M United States
2022 - 2023
FASTEST GROWING MARKET $16MSlovakia
2023
PRODUCT COMPLEXITY IN Blank Audio Media1.56Rnk 35 / 1025
2023
Imports $604MWorld Rnk 19 / 224
Flag Rnk 143 / 1208
2023
Origin $59.5M United States
2022 - 2023
FASTEST GROWING ORIGIN $59.5MHong Kong
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $5.59B in Blank Audio Media, making it the 3rd largest exporter of Blank Audio Media in the world. At the same year, Blank Audio Media was the 16th most exported product in South Korea. The main destination of Blank Audio Media exports from South Korea are: United States ($2.25B), Mexico ($863M), Hong Kong ($581M), Chinese Taipei ($407M), and Singapore ($295M).

The fastest growing export markets for Blank Audio Media of South Korea between 2022 and 2023 were Slovakia ($16M), Japan ($8.82M), and United Arab Emirates ($8.22M).

Imports In 2023, South Korea imported $604M in Blank Audio Media, becoming the 19th largest importer of Blank Audio Media in the world. At the same year, Blank Audio Media was the 143rd most imported product in South Korea. South Korea imports Blank Audio Media primarily from: United States ($114M), Chinese Taipei ($105M), Hong Kong ($90.2M), Japan ($78.5M), and China ($48M).

The fastest growing import markets in Blank Audio Media for South Korea between 2022 and 2023 were Hong Kong ($59.5M), Israel ($18.5M), and United States ($17M).

COMPANIES In 2024, leading companies such as LG Electronics (6) and General Motors (1) were at the forefront of shipping Blank Audio Media from South Korea to the United States.

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Blank Audio Media exports accounted up to $1.36B and imports accounted up to $202M, resulting in a positive trade balance of $1.15B. Between December 2023 and December 2024 the exports of South Korea's   Blank Audio Media have increased by $796M (142%) from $561M to $1.36B, while imports increased by $61.7M (43.9%) from $141M to $202M.

Destinations In December 2024, Blank Audio Media were exported mostly to United States ($852M), China ($116M), Japan ($69.5M), Hong Kong ($64.6M), and Chinese Taipei ($45M), and were imported mostly from Vietnam ($83.7M), China ($34M), Chinese Taipei ($22.6M), United States ($20M), and Japan ($8.69M).

Growth In December 2024, the increase in Blank Audio Media's year-by-year exports was explained primarily by an increase in exports to United States ($65.6M or 56.8%), Hong Kong ($28.9M or 54.6%), and China ($25.8M or 57.4%). In December 2024, the increase in Blank Audio Media's year-by-year imports was explained primarily by an increase in imports from China ($19.1M or 58%), Hong Kong ($6.27M or 403%), and Chinese Taipei ($5.6M or 40.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$796M(142%)
IMPORT GROWTH (December 2023 - December 2024)$61.7M(43.9%)
MAIN DESTINATION (December 2024)United States$852M

This section shows Blank Audio Media'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 Blank Audio Media over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.59B
IMPORTS (2023)$604M
NET TRADE (2023)$4.99B

In 2023, South Korea exported $5.59B in Blank Audio Media. The main destinations of South Korea exports on Blank Audio Media were United States ($2.25B), Mexico ($863M), Hong Kong ($581M), Chinese Taipei ($407M), and Singapore ($295M).

In 2023, South Korea imported $604M in Blank Audio Media, mainly from United States ($114M), Chinese Taipei ($105M), Hong Kong ($90.2M), Japan ($78.5M), and China ($48M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Blank Audio Media EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Slovakia$16M (39.3%)
Japan$8.82M (3.99%)
United Arab Emirates$8.22M (26%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blank Audio Media BY South Korea WERE (2022 - 2023):
United States-$4.1B (-64.6%)
Hong Kong-$949M (-62%)
Malaysia-$225M (-75.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Blank Audio Media were:
China $6.83B
Chinese Taipei $6.21B
In 2023, South Korea's main importing competitors in Blank Audio Media were:
United States $11B
China $5.02B
Hong Kong $4.52B

Explore Visualizations

Trade Value of Blank Audio Media by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $490M
TOP IMPORT POTENTIALChina+ $76.2M

Blank Audio Media’s highest export potential is China. With an export gap of $490M.   Blank Audio Media’s highest import potential is China with an import gap of $76.2M.

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