2022
Exports
$322MWorld Rnk 9 / 180
Flag Rnk 206 / 1204
2022
PRODUCT COMPLEXITY IN Mirrors and Lenses
1.49Rnk 54 / 1025
2022
Imports
$1.08BWorld Rnk 6 / 215
Flag Rnk 96 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $322M in Mirrors and Lenses, making it the 9th largest exporter of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 206th most exported product in South Korea. The main destination of Mirrors and Lenses exports from South Korea are: Vietnam ($100M), China ($53.3M), United States ($40.5M), Netherlands ($35.2M), and Chinese Taipei ($31.3M).

The fastest growing export markets for Mirrors and Lenses of South Korea between 2021 and 2022 were Netherlands ($11M), Japan ($1.14M), and Poland ($946k).

Imports In 2022, South Korea imported $1.08B in Mirrors and Lenses, becoming the 6th largest importer of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 96th most imported product in South Korea. South Korea imports Mirrors and Lenses primarily from: China ($437M), Chinese Taipei ($284M), Singapore ($82M), Japan ($60.2M), and Netherlands ($56M).

The fastest growing import markets in Mirrors and Lenses for South Korea between 2021 and 2022 were China ($113M), Netherlands ($21M), and Austria ($14M).

COMPANIES In 2023, leading companies such as Samsung (3) were at the forefront of shipping Mirrors and Lenses from South Korea to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$11.2M(38.2%)
IMPORT GROWTH (September 2023 - September 2024)$114M(96.1%)
MAIN DESTINATION (September 2024)Netherlands$14.1M

This section shows Mirrors and Lenses'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 Mirrors and Lenses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$322M
IMPORTS (2022)$1.08B
NET TRADE (2022)-$761M

In 2022, South Korea exported $322M in Mirrors and Lenses. The main destinations of South Korea exports on Mirrors and Lenses were Vietnam ($100M), China ($53.3M), United States ($40.5M), Netherlands ($35.2M), and Chinese Taipei ($31.3M).

In 2022, South Korea imported $1.08B in Mirrors and Lenses, mainly from China ($437M), Chinese Taipei ($284M), Singapore ($82M), Japan ($60.2M), and Netherlands ($56M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mirrors and Lenses EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Netherlands$11M (45.3%)
Japan$1.14M (14.6%)
Poland$946k (51.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mirrors and Lenses BY South Korea WERE (2021 - 2022):
Vietnam-$48.7M (-32.8%)
China-$17.3M (-24.5%)
Chinese Taipei-$12.4M (-28.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Mirrors and Lenses were:
In 2022, South Korea's main importing competitors in Mirrors and Lenses were:

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Trade Value of Mirrors and Lenses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $28.3M
TOP IMPORT POTENTIALChina+ $40.4M

Mirrors and Lenses’s highest export potential is China. With an export gap of $28.3M.   Mirrors and Lenses’s highest import potential is China with an import gap of $40.4M.

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