2023
Exports
$12.4MWorld Rnk 25 / 145
Flag Rnk 667 / 1188
2023
PRODUCT COMPLEXITY IN Microscopes
0.86Rnk 226 / 1025
2023
Imports
$74.7MWorld Rnk 10 / 209
Flag Rnk 543 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $12.4M in Microscopes, making it the 25th largest exporter of Microscopes in the world. At the same year, Microscopes was the 667th most exported product in South Korea. The main destination of Microscopes exports from South Korea are: Hong Kong ($3.27M), China ($1.66M), United States ($1.5M), Germany ($1.34M), and Hungary ($929k).

The fastest growing export markets for Microscopes of South Korea between 2022 and 2023 were Hong Kong ($2.08M), Germany ($791k), and Hungary ($622k).

Imports In 2023, South Korea imported $74.7M in Microscopes, becoming the 10th largest importer of Microscopes in the world. At the same year, Microscopes was the 543rd most imported product in South Korea. South Korea imports Microscopes primarily from: Germany ($31.1M), Japan ($16.4M), United States ($7.52M), China ($5.73M), and Singapore ($5.38M).

The fastest growing import markets in Microscopes for South Korea between 2022 and 2023 were United States ($1.91M), Hong Kong ($915k), and Singapore ($552k).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-1.13M(-71.8%)
IMPORT GROWTH (January 2024 - January 2025)$-1.47M(-24%)
MAIN DESTINATION (January 2025)China$85k

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 (2023)$12.4M
IMPORTS (2023)$74.7M
NET TRADE (2023)-$62.3M

In 2023, South Korea exported $12.4M in Microscopes. The main destinations of South Korea exports on Microscopes were Hong Kong ($3.27M), China ($1.66M), United States ($1.5M), Germany ($1.34M), and Hungary ($929k).

In 2023, South Korea imported $74.7M in Microscopes, mainly from Germany ($31.1M), Japan ($16.4M), United States ($7.52M), China ($5.73M), and Singapore ($5.38M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Microscopes EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Hong Kong$2.08M (175%)
Germany$791k (145%)
Hungary$622k (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microscopes BY South Korea WERE (2022 - 2023):
China-$3.56M (-68.2%)
Vietnam-$2.84M (-100%)
Chinese Taipei-$1.45M (-83.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Microscopes were:
Germany $1.15B
China $487M
Japan $439M
In 2023, 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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