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Exports In 2022, South Korea exported $514M in Motor vehicle mountings, fittings, of base metal, nes, making it the 5th largest exporter of Motor vehicle mountings, fittings, of base metal, nes in the world. At the same year, Motor vehicle mountings, fittings, of base metal, nes was the 183rd most exported product in South Korea. The main destination of Motor vehicle mountings, fittings, of base metal, nes exports from South Korea are: United States ($225M), Mexico ($56.7M), Czechia ($50.8M), India ($26.8M), and Canada ($26.7M).

The fastest growing export markets for Motor vehicle mountings, fittings, of base metal, nes of South Korea between 2021 and 2022 were United States ($40.9M), Mexico ($10.3M), and Uzbekistan ($4.42M).

Imports In 2022, South Korea imported $83.3M in Motor vehicle mountings, fittings, of base metal, nes, becoming the 17th largest importer of Motor vehicle mountings, fittings, of base metal, nes in the world. At the same year, Motor vehicle mountings, fittings, of base metal, nes was the 845th most imported product in South Korea. South Korea imports Motor vehicle mountings, fittings, of base metal, nes primarily from: China ($39.3M), Vietnam ($22.4M), France ($5M), Germany ($4.38M), and Indonesia ($2.8M).

The fastest growing import markets in Motor vehicle mountings, fittings, of base metal, nes for South Korea between 2021 and 2022 were Vietnam ($6.46M), China ($4.81M), and Spain ($613k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Motor vehicle mountings, fittings, of base metal, nes from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Motor vehicle mountings, fittings, of base metal, nes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$514M
IMPORTS (2022)$83.3M
NET TRADE (2022)$430M

In 2022, South Korea exported $514M in Motor vehicle mountings, fittings, of base metal, nes. The main destinations of South Korea exports on Motor vehicle mountings, fittings, of base metal, nes were United States ($225M), Mexico ($56.7M), Czechia ($50.8M), India ($26.8M), and Canada ($26.7M).

In 2022, South Korea imported $83.3M in Motor vehicle mountings, fittings, of base metal, nes, mainly from China ($39.3M), Vietnam ($22.4M), France ($5M), Germany ($4.38M), and Indonesia ($2.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicle mountings, fittings, of base metal, nes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$40.9M (22.2%)
Mexico$10.3M (22.1%)
Uzbekistan$4.42M (30.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicle mountings, fittings, of base metal, nes BY South Korea WERE (2021 - 2022):
Russia-$57.6M (-93.1%)
Canada-$5.93M (-18.2%)
China-$4.28M (-19.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Motor vehicle mountings, fittings, of base metal, nes were:
In 2022, South Korea's main importing competitors in Motor vehicle mountings, fittings, of base metal, nes were:

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Trade Value of Motor vehicle mountings, fittings, of base metal, nes by Exporters

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