Chemical Analysis Instruments in   South Korea

Overview In October 2024 South Korea's Chemical Analysis Instruments exports accounted up to $62.9M and imports accounted up to $172M, resulting in a negative trade balance of $110M. Between October 2023 and October 2024 the exports of South Korea's   Chemical Analysis Instruments have increased by $16.3M (34.9%) from $46.6M to $62.9M, while imports decreased by $-18.5M (-9.7%) from $191M to $172M.

Destinations In October 2024, Chemical Analysis Instruments were exported mostly to United States ($10.6M), Vietnam ($7.6M), China ($7.56M), India ($6.26M), and Thailand ($3.23M), and were imported mostly from United States ($54.1M), Japan ($28.8M), Germany ($22.7M), China ($11.9M), and United Kingdom ($9.6M).

Growth In October 2024, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to Indonesia ($2.02M or 218%), India ($1.54M or 65.6%), and China ($851k or 14.1%). In October 2024, the decrease in Chemical Analysis Instruments's year-by-year imports was explained primarily by a decrease in imports from France ($-3.72M or -63%), Switzerland ($-3.02M or -43.8%), and Sweden ($-592k or -21.3%).