Sign In
Pricing

2022
Exports $38.5MWorld Rnk 20 / 184
Flag Rnk 532 / 1204
2022
Destination $2.31M United States
2021 - 2022
FASTEST GROWING MARKET $2.31MUnited States
2022
PRODUCT COMPLEXITY IN Instructional Models0.32Rnk 440 / 1025
2022
Imports $62MWorld Rnk 14 / 211
Flag Rnk 626 / 1213
2022
Origin $4.24M China
2021 - 2022
FASTEST GROWING ORIGIN $4.24MUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $38.5M in Instructional Models, making it the 20th largest exporter of Instructional Models in the world. At the same year, Instructional Models was the 532nd most exported product in South Korea. The main destination of Instructional Models exports from South Korea are: United States ($9.05M), China ($4.52M), Japan ($2M), Vietnam ($1.6M), and India ($1.58M).

The fastest growing export markets for Instructional Models of South Korea between 2021 and 2022 were United States ($2.31M), China ($1.84M), and Vietnam ($1.16M).

Imports In 2022, South Korea imported $62M in Instructional Models, becoming the 14th largest importer of Instructional Models in the world. At the same year, Instructional Models was the 626th most imported product in South Korea. South Korea imports Instructional Models primarily from: China ($21.1M), United States ($18.2M), Vietnam ($8.23M), Japan ($3M), and Germany ($2.67M).

The fastest growing import markets in Instructional Models for South Korea between 2021 and 2022 were United States ($4.24M), Vietnam ($4.21M), and Norway ($870k).

COMPANIES In 2023, leading companies such as LG Electronics (3) were at the forefront of shipping Instructional Models from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Instructional Models exports accounted up to $1.66M and imports accounted up to $3.15M, resulting in a negative trade balance of $1.49M. Between July 2023 and July 2024 the exports of South Korea's   Instructional Models have decreased by $-1.92M (-53.5%) from $3.58M to $1.66M, while imports decreased by $-4.58M (-59.2%) from $7.73M to $3.15M.

Destinations In July 2024, Instructional Models were exported mostly to China ($363k), United States ($281k), Malaysia ($155k), Georgia ($99k), and Japan ($83k), and were imported mostly from China ($930k), United States ($662k), Japan ($289k), Vietnam ($283k), and United Kingdom ($282k).

Growth In July 2024, the decrease in Instructional Models's year-by-year exports was explained primarily by a decrease in exports to United States ($-549k or -71.2%), India ($-499k or -95.2%), and China ($-322k or -79.7%). In July 2024, the decrease in Instructional Models's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-785k or -27.7%), Norway ($-106k or -100%), and Sweden ($-89k or -95.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.92M(-53.5%)
IMPORT GROWTH (July 2023 - July 2024)$-4.58M(-59.2%)
MAIN DESTINATION (July 2024)China$363k

This section shows Instructional Models'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 Instructional Models over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$38.5M
IMPORTS (2022)$62M
NET TRADE (2022)-$23.5M

In 2022, South Korea exported $38.5M in Instructional Models. The main destinations of South Korea exports on Instructional Models were United States ($9.05M), China ($4.52M), Japan ($2M), Vietnam ($1.6M), and India ($1.58M).

In 2022, South Korea imported $62M in Instructional Models, mainly from China ($21.1M), United States ($18.2M), Vietnam ($8.23M), Japan ($3M), and Germany ($2.67M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instructional Models EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$2.31M (34.3%)
China$1.84M (68.9%)
Vietnam$1.16M (261%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instructional Models BY South Korea WERE (2021 - 2022):
Saudi Arabia-$1.38M (-85.6%)
Thailand-$218k (-20.4%)
Singapore-$214k (-16.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Instructional Models were:
China $684M
United States $552M
Germany $377M
In 2022, South Korea's main importing competitors in Instructional Models were:
United States $603M
Germany $198M
United Kingdom $158M

Explore Visualizations

Trade Value of Instructional Models by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.29M
TOP IMPORT POTENTIALChina+ $5.04M

Instructional Models’s highest export potential is China. With an export gap of $2.29M.   Instructional Models’s highest import potential is China with an import gap of $5.04M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms