2022
Exports
$14.4MWorld Rnk 31 / 181
Flag Rnk 686 / 1204
2022
PRODUCT COMPLEXITY IN Medical Furniture
0.86Rnk 222 / 1025
2022
Imports
$29.3MWorld Rnk 39 / 217
Flag Rnk 773 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $14.4M in Medical Furniture, making it the 31st largest exporter of Medical Furniture in the world. At the same year, Medical Furniture was the 686th most exported product in South Korea. The main destination of Medical Furniture exports from South Korea are: Japan ($4.81M), United States ($1.52M), Vietnam ($982k), Kazakhstan ($557k), and Philippines ($512k).

The fastest growing export markets for Medical Furniture of South Korea between 2021 and 2022 were Thailand ($215k), Singapore ($180k), and Senegal ($135k).

Imports In 2022, South Korea imported $29.3M in Medical Furniture, becoming the 39th largest importer of Medical Furniture in the world. At the same year, Medical Furniture was the 773rd most imported product in South Korea. South Korea imports Medical Furniture primarily from: China ($12.8M), United States ($7.35M), Germany ($1.94M), Japan ($1.66M), and France ($1.02M).

The fastest growing import markets in Medical Furniture for South Korea between 2021 and 2022 were United States ($1.73M), China ($1.17M), and Netherlands ($408k).

COMPANIES In 2023, leading companies such as Goldensee Limited (1) were at the forefront of shipping Medical Furniture from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$371k(39.7%)
IMPORT GROWTH (July 2023 - July 2024)$218k(10.1%)
MAIN DESTINATION (July 2024)Japan$454k

This section shows Medical Furniture'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 Medical Furniture over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.4M
IMPORTS (2022)$29.3M
NET TRADE (2022)-$14.9M

In 2022, South Korea exported $14.4M in Medical Furniture. The main destinations of South Korea exports on Medical Furniture were Japan ($4.81M), United States ($1.52M), Vietnam ($982k), Kazakhstan ($557k), and Philippines ($512k).

In 2022, South Korea imported $29.3M in Medical Furniture, mainly from China ($12.8M), United States ($7.35M), Germany ($1.94M), Japan ($1.66M), and France ($1.02M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Furniture EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Thailand$215k (96.5%)
Singapore$180k (104%)
Senegal$135k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Furniture BY South Korea WERE (2021 - 2022):
Japan-$1.86M (-27.9%)
Cameroon-$1.38M (-99.4%)
Ethiopia-$1.23M (-97%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Medical Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.6M
TOP IMPORT POTENTIALChina+ $5.73M

Medical Furniture’s highest export potential is United States. With an export gap of $1.6M.   Medical Furniture’s highest import potential is China with an import gap of $5.73M.

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