Decals in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $17.9M in Decals, making it the 10th largest exporter of Decals in the world. At the same year, Decals was the 661st most exported product in South Korea. The main destination of Decals exports from South Korea are: Vietnam ($4.36M), China ($1.91M), India ($1.34M), Hong Kong ($904k), and Sri Lanka ($836k).

The fastest growing export markets for Decals of South Korea between 2021 and 2022 were Turkey ($198k), United Arab Emirates ($171k), and Mexico ($159k).

Imports In 2022, South Korea imported $14.8M in Decals, becoming the 23rd largest importer of Decals in the world. At the same year, Decals was the 881st most imported product in South Korea. South Korea imports Decals primarily from: Japan ($8.08M), Germany ($3.03M), China ($1.99M), United States ($686k), and Chinese Taipei ($332k).

The fastest growing import markets in Decals for South Korea between 2021 and 2022 were Japan ($2.26M), China ($365k), and United States ($238k).

Latest Trends

July 2024

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Overview In July 2024 South Korea's Decals exports accounted up to $907k and imports accounted up to $1.2M, resulting in a negative trade balance of $295k. Between July 2023 and July 2024 the exports of South Korea's Decals have increased by $169k (22.9%) from $738k to $907k, while imports increased by $90k (8.09%) from $1.11M to $1.2M.

Destinations In July 2024, Decals were exported mostly to Vietnam ($299k), United States ($103k), India ($49k), Mexico ($46k), and Bangladesh ($40k), and were imported mostly from Japan ($384k), United States ($276k), China ($210k), Germany ($144k), and Singapore ($71k).

Growth In July 2024, the increase in Decals's year-by-year exports was explained primarily by an increase in exports to Egypt ($42k or 1.4k%), Switzerland ($5k or 71.4%), and Malaysia ($3k or 12.5%). In July 2024, the increase in Decals's year-by-year imports was explained primarily by an increase in imports from United States ($129k or 182%), Italy ($12k or 150%), and Spain ($4k or 133%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$169k(22.9%)

IMPORT GROWTH (July 2023 - July 2024)$90k(8.09%)

MAIN DESTINATION (July 2024)Vietnam$299k

This section shows Decals'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 Decals over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$17.9M

IMPORTS (2022)$14.8M

NET TRADE (2022)$3M

In 2022, South Korea exported $17.9M in Decals. The main destinations of South Korea exports on Decals were Vietnam ($4.36M), China ($1.91M), India ($1.34M), Hong Kong ($904k), and Sri Lanka ($836k).

In 2022, South Korea imported $14.8M in Decals, mainly from Japan ($8.08M), Germany ($3.03M), China ($1.99M), United States ($686k), and Chinese Taipei ($332k).

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