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2022
Exports $4.97MWorld Rnk 10 / 108
Flag Rnk 834 / 1204
2022
Destination $816k United States
2021 - 2022
FASTEST GROWING MARKET $816kJapan
2022
Imports $4.17MWorld Rnk 16 / 191
Flag Rnk 1037 / 1213
2022
Origin $152k China
2021 - 2022
FASTEST GROWING ORIGIN $152kUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $4.97M in Image Projectors, making it the 10th largest exporter of Image Projectors in the world. At the same year, Image Projectors was the 834th most exported product in South Korea. The main destination of Image Projectors exports from South Korea are: United States ($2.46M), Japan ($832k), China ($613k), United Arab Emirates ($315k), and Kuwait ($111k).

The fastest growing export markets for Image Projectors of South Korea between 2021 and 2022 were Japan ($816k), United Arab Emirates ($315k), and Kuwait ($111k).

Imports In 2022, South Korea imported $4.17M in Image Projectors, becoming the 16th largest importer of Image Projectors in the world. At the same year, Image Projectors was the 1037th most imported product in South Korea. South Korea imports Image Projectors primarily from: China ($3.1M), United States ($558k), Japan ($197k), Vietnam ($140k), and Germany ($78k).

The fastest growing import markets in Image Projectors for South Korea between 2021 and 2022 were United States ($152k), Canada ($3.15k), and Turkey ($2.47k).

COMPANIES In 2023, leading companies such as LG Electronics (524) and Marelli Automotive Lighting (11) were at the forefront of shipping Image Projectors from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Image Projectors exports accounted up to $48k and imports accounted up to $399k, resulting in a negative trade balance of $351k. Between October 2023 and October 2024 the exports of South Korea's   Image Projectors have decreased by $-159k (-76.8%) from $207k to $48k, while imports increased by $119k (42.5%) from $280k to $399k.

Destinations In October 2024, Image Projectors were exported mostly to United States ($36k), China ($12k), India ($0), Japan ($0), and Thailand ($0), and were imported mostly from China ($365k), Japan ($29k), United States ($3k), Vietnam ($1k), and Czechia ($1k).

Growth In October 2024, the decrease in Image Projectors's year-by-year exports was explained primarily by a decrease in exports to United States ($-994k or -88.4%), Vietnam ($-39k or -100%), and Germany ($-7k or -100%). In October 2024, the increase in Image Projectors's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-159k(-76.8%)
IMPORT GROWTH (October 2023 - October 2024)$119k(42.5%)
MAIN DESTINATION (October 2024)United States$36k

This section shows Image Projectors'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 Image Projectors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.97M
IMPORTS (2022)$4.17M
NET TRADE (2022)$794k

In 2022, South Korea exported $4.97M in Image Projectors. The main destinations of South Korea exports on Image Projectors were United States ($2.46M), Japan ($832k), China ($613k), United Arab Emirates ($315k), and Kuwait ($111k).

In 2022, South Korea imported $4.17M in Image Projectors, mainly from China ($3.1M), United States ($558k), Japan ($197k), Vietnam ($140k), and Germany ($78k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Image Projectors EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$816k (5.03k%)
United Arab Emirates$315k (1%)
Kuwait$111k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Image Projectors BY South Korea WERE (2021 - 2022):
United States-$1.6M (-39.5%)
China-$904k (-59.6%)
Chinese Taipei-$631k (-99.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Image Projectors were:
China $91.3M
Vietnam $28.9M
Singapore $18.2M
In 2022, South Korea's main importing competitors in Image Projectors were:
United States $47M
China $30.4M
Malaysia $21.6M

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Trade Value of Image Projectors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $137k
TOP IMPORT POTENTIALChina+ $126k

Image Projectors’s highest export potential is China. With an export gap of $137k.   Image Projectors’s highest import potential is China with an import gap of $126k.

See methodology.

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