2023
Exports
$12.3BWorld Rnk 9 / 225
Flag Rnk 6 / 1188
2023
PRODUCT COMPLEXITY IN Broadcasting Equipment
0.59Rnk 334 / 1025
2023
Imports
$6.72BWorld Rnk 21 / 226
Flag Rnk 11 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $12.3B in Broadcasting Equipment, making it the 9th largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 6th most exported product in South Korea. The main destination of Broadcasting Equipment exports from South Korea are: China ($5.68B), United States ($1.58B), Slovakia ($903M), India ($622M), and Mexico ($567M).

The fastest growing export markets for Broadcasting Equipment of South Korea between 2022 and 2023 were Mexico ($427M), United States ($380M), and India ($84.1M).

Imports In 2023, South Korea imported $6.72B in Broadcasting Equipment, becoming the 21st largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 11th most imported product in South Korea. South Korea imports Broadcasting Equipment primarily from: China ($4.72B), Hong Kong ($517M), United States ($267M), Malaysia ($252M), and Chinese Taipei ($205M).

The fastest growing import markets in Broadcasting Equipment for South Korea between 2022 and 2023 were Hong Kong ($494M), Singapore ($153M), and United States ($107M).

COMPANIES In 2024, leading companies such as Volvo (764), Continental Tire (13), and Samsung (7) were at the forefront of shipping Broadcasting Equipment from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-308k(-0.46%)
IMPORT GROWTH (December 2023 - December 2024)$24k(0.029%)
MAIN DESTINATION (December 2024)United States$22.5M

This section shows Broadcasting Equipment'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 Broadcasting Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12.3B
IMPORTS (2023)$6.72B
NET TRADE (2023)$5.58B

In 2023, South Korea exported $12.3B in Broadcasting Equipment. The main destinations of South Korea exports on Broadcasting Equipment were China ($5.68B), United States ($1.58B), Slovakia ($903M), India ($622M), and Mexico ($567M).

In 2023, South Korea imported $6.72B in Broadcasting Equipment, mainly from China ($4.72B), Hong Kong ($517M), United States ($267M), Malaysia ($252M), and Chinese Taipei ($205M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Mexico$427M (304%)
United States$380M (31.6%)
India$84.1M (15.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY South Korea WERE (2022 - 2023):
Vietnam-$4.5B (-100%)
China-$1.1B (-16.2%)
Israel-$404M (-95.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Broadcasting Equipment were:
In 2023, South Korea's main importing competitors in Broadcasting Equipment were:

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Trade Value of Broadcasting Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $94.5M
TOP IMPORT POTENTIALChina+ $130M

Broadcasting Equipment’s highest export potential is United States. With an export gap of $94.5M.   Broadcasting Equipment’s highest import potential is China with an import gap of $130M.

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