2022
PRODUCT COMPLEXITY IN Handguns
0.6Rnk 323 / 1025
2022
Imports
falseWorld Rnk 61 / 166
Flag Rnk 1126 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported N/A in Handguns, making it the 26th largest exporter of Handguns in the world. At the same year, Handguns was the 967th most exported product in South Korea. The main destination of Handguns exports from South Korea are: Nigeria ($1.22M), Hong Kong ($7.15k), Thailand ($53), Oman ($29), and United States ($1).

The fastest growing export markets for Handguns of South Korea between 2021 and 2022 were Nigeria ($1.22M), Hong Kong ($7.15k), and Thailand ($53).

Imports In 2022, South Korea imported $1.19M in Handguns, becoming the 61st largest importer of Handguns in the world. At the same year, Handguns was the 1126th most imported product in South Korea. South Korea imports Handguns primarily from: United States ($795k), Italy ($199k), Austria ($96.4k), Germany ($73.6k), and Switzerland ($9.61k).

The fastest growing import markets in Handguns for South Korea between 2021 and 2022 were United States ($646k), Italy ($90.8k), and Germany ($56.7k).

Latest Trends

October 2022

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (September 2021 - October 2022)$677k(1.54k%)
MAIN DESTINATION (October 2022)

This section shows Handguns'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 Handguns over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$1.19M

In N/A, South Korea exported N/A in Handguns. The main destinations of South Korea exports on Handguns were Nigeria ($1.22M), Hong Kong ($7.15k), Thailand ($53), Oman ($29), and United States ($1).

In 2022, South Korea imported $1.19M in Handguns, mainly from United States ($795k), Italy ($199k), Austria ($96.4k), Germany ($73.6k), and Switzerland ($9.61k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Handguns EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Nigeria$1.22M (1%)
Hong Kong$7.15k (1%)
Thailand$53 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Handguns BY South Korea WERE (2021 - 2022):
United Arab Emirates-$178k (-100%)
Indonesia-$29k (-100%)
Pakistan-$2.74k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Handguns were:
In 2022, South Korea's main importing competitors in Handguns were:

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Trade Value of Handguns by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.29k
TOP IMPORT POTENTIALAustria+ $101k

Handguns’s highest export potential is United States. With an export gap of $2.29k.   Handguns’s highest import potential is Austria with an import gap of $101k.

See methodology.

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