2022
Exports
$19.9MWorld Rnk 20 / 147
Flag Rnk 649 / 1204
2022
PRODUCT COMPLEXITY IN Microscopes
0.99Rnk 175 / 1025
2022
Imports
$84.3MWorld Rnk 6 / 208
Flag Rnk 549 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $19.9M in Microscopes, making it the 20th largest exporter of Microscopes in the world. At the same year, Microscopes was the 649th most exported product in South Korea. The main destination of Microscopes exports from South Korea are: China ($6.61M), Vietnam ($2.9M), Chinese Taipei ($1.96M), United States ($1.21M), and Japan ($1.09M).

The fastest growing export markets for Microscopes of South Korea between 2021 and 2022 were Chinese Taipei ($1.54M), Hong Kong ($849k), and United States ($654k).

Imports In 2022, South Korea imported $84.3M in Microscopes, becoming the 6th largest importer of Microscopes in the world. At the same year, Microscopes was the 549th most imported product in South Korea. South Korea imports Microscopes primarily from: Germany ($34.7M), Japan ($20.4M), China ($9.72M), United States ($6.34M), and Singapore ($5.02M).

The fastest growing import markets in Microscopes for South Korea between 2021 and 2022 were Germany ($1.85M), China ($923k), and Singapore ($899k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.34M(-42%)
IMPORT GROWTH (October 2023 - October 2024)$16k(0.26%)
MAIN DESTINATION (October 2024)Vietnam$538k

This section shows Microscopes'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 Microscopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.9M
IMPORTS (2022)$84.3M
NET TRADE (2022)-$64.4M

In 2022, South Korea exported $19.9M in Microscopes. The main destinations of South Korea exports on Microscopes were China ($6.61M), Vietnam ($2.9M), Chinese Taipei ($1.96M), United States ($1.21M), and Japan ($1.09M).

In 2022, South Korea imported $84.3M in Microscopes, mainly from Germany ($34.7M), Japan ($20.4M), China ($9.72M), United States ($6.34M), and Singapore ($5.02M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Microscopes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chinese Taipei$1.54M (362%)
Hong Kong$849k (371%)
United States$654k (118%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microscopes BY South Korea WERE (2021 - 2022):
Germany-$2.37M (-73.7%)
Netherlands-$2.3M (-98.1%)
Vietnam-$722k (-20%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Microscopes were:
Germany $1.15B
China $479M
Japan $414M
In 2022, South Korea's main importing competitors in Microscopes were:

Explore Visualizations

Trade Value of Microscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.87M
TOP IMPORT POTENTIALChina+ $5.63M

Microscopes’s highest export potential is China. With an export gap of $2.87M.   Microscopes’s highest import potential is China with an import gap of $5.63M.

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