2022
Exports
$5.25MWorld Rnk 30 / 98
Flag Rnk 826 / 1204
2022
PRODUCT COMPLEXITY IN Motor vehicle (8701 to 8705) chassis fitted with engine
0.58Rnk 332 / 1025
2022
Imports
$1.72MWorld Rnk 77 / 176
Flag Rnk 1108 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.25M in Motor vehicle (8701 to 8705) chassis fitted with engine, making it the 30th largest exporter of Motor vehicle (8701 to 8705) chassis fitted with engine in the world. At the same year, Motor vehicle (8701 to 8705) chassis fitted with engine was the 826th most exported product in South Korea. The main destination of Motor vehicle (8701 to 8705) chassis fitted with engine exports from South Korea are: Peru ($1.04M), Belgium ($976k), Nigeria ($888k), Vietnam ($702k), and United Arab Emirates ($331k).

The fastest growing export markets for Motor vehicle (8701 to 8705) chassis fitted with engine of South Korea between 2021 and 2022 were Belgium ($976k), United Arab Emirates ($331k), and Egypt ($324k).

Imports In 2022, South Korea imported $1.72M in Motor vehicle (8701 to 8705) chassis fitted with engine, becoming the 77th largest importer of Motor vehicle (8701 to 8705) chassis fitted with engine in the world. At the same year, Motor vehicle (8701 to 8705) chassis fitted with engine was the 1108th most imported product in South Korea. South Korea imports Motor vehicle (8701 to 8705) chassis fitted with engine primarily from: China ($1.12M), Indonesia ($163k), Hong Kong ($134k), Philippines ($81k), and Japan ($56.7k).

The fastest growing import markets in Motor vehicle (8701 to 8705) chassis fitted with engine for South Korea between 2021 and 2022 were China ($1.02M), Philippines ($81k), and Japan ($56.7k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$2.73M(1.39k%)
IMPORT GROWTH (October 2023 - October 2024)$-95k(-5.59%)
MAIN DESTINATION (October 2024)Indonesia$2.93M

This section shows Motor vehicle (8701 to 8705) chassis fitted with engine'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 Motor vehicle (8701 to 8705) chassis fitted with engine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.25M
IMPORTS (2022)$1.72M
NET TRADE (2022)$3.53M

In 2022, South Korea exported $5.25M in Motor vehicle (8701 to 8705) chassis fitted with engine. The main destinations of South Korea exports on Motor vehicle (8701 to 8705) chassis fitted with engine were Peru ($1.04M), Belgium ($976k), Nigeria ($888k), Vietnam ($702k), and United Arab Emirates ($331k).

In 2022, South Korea imported $1.72M in Motor vehicle (8701 to 8705) chassis fitted with engine, mainly from China ($1.12M), Indonesia ($163k), Hong Kong ($134k), Philippines ($81k), and Japan ($56.7k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicle (8701 to 8705) chassis fitted with engine EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Belgium$976k (384k%)
Egypt$324k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicle (8701 to 8705) chassis fitted with engine BY South Korea WERE (2021 - 2022):
Nigeria-$2.37M (-72.7%)
Pakistan-$2.1M (-89.8%)
Chinese Taipei-$423k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Motor vehicle (8701 to 8705) chassis fitted with engine were:
In 2022, South Korea's main importing competitors in Motor vehicle (8701 to 8705) chassis fitted with engine were:

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Trade Value of Motor vehicle (8701 to 8705) chassis fitted with engine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEgypt+ $106k
TOP IMPORT POTENTIALChina+ $451k

Motor vehicle (8701 to 8705) chassis fitted with engine’s highest export potential is Egypt. With an export gap of $106k.   Motor vehicle (8701 to 8705) chassis fitted with engine’s highest import potential is China with an import gap of $451k.

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