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2022
Exports $1.01BWorld Rnk 9 / 213
Flag Rnk 99 / 1204
2022
Destination $27.6M China
2021 - 2022
FASTEST GROWING MARKET $27.6MUnited States
2022
PRODUCT COMPLEXITY IN Oscilloscopes1.82Rnk 15 / 1025
2022
Imports $2.2BWorld Rnk 4 / 226
Flag Rnk 40 / 1213
2022
Origin $115M Japan
2021 - 2022
FASTEST GROWING ORIGIN $115MMalaysia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.01B in Oscilloscopes, making it the 9th largest exporter of Oscilloscopes in the world. At the same year, Oscilloscopes was the 99th most exported product in South Korea. The main destination of Oscilloscopes exports from South Korea are: China ($415M), United States ($106M), Chinese Taipei ($90.8M), Vietnam ($79.8M), and Malaysia ($48.6M).

The fastest growing export markets for Oscilloscopes of South Korea between 2021 and 2022 were United States ($27.6M), France ($15.9M), and Germany ($10.4M).

Imports In 2022, South Korea imported $2.2B in Oscilloscopes, becoming the 4th largest importer of Oscilloscopes in the world. At the same year, Oscilloscopes was the 40th most imported product in South Korea. South Korea imports Oscilloscopes primarily from: Japan ($624M), Malaysia ($402M), China ($386M), United States ($341M), and Germany ($126M).

The fastest growing import markets in Oscilloscopes for South Korea between 2021 and 2022 were Malaysia ($115M), China ($97.9M), and Germany ($26.7M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Oscilloscopes exports accounted up to $77M and imports accounted up to $286M, resulting in a negative trade balance of $209M. Between July 2023 and July 2024 the exports of South Korea's   Oscilloscopes have decreased by $-15.9M (-17.1%) from $92.9M to $77M, while imports increased by $100M (54%) from $186M to $286M.

Destinations In July 2024, Oscilloscopes were exported mostly to China ($30.9M), United States ($7.47M), Chinese Taipei ($5.65M), Malaysia ($5.29M), and Vietnam ($5.28M), and were imported mostly from Japan ($79.1M), Malaysia ($69.5M), United States ($51.3M), China ($29.2M), and Thailand ($13.1M).

Growth In July 2024, the decrease in Oscilloscopes's year-by-year exports was explained primarily by a decrease in exports to China ($-15M or -47.7%), India ($-3.12M or -58.6%), and Vietnam ($-2.65M or -32.2%). In July 2024, the increase in Oscilloscopes's year-by-year imports was explained primarily by an increase in imports from China ($7.75M or 18.8%), United States ($7.3M or 30.4%), and Germany ($2.36M or 28.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-15.9M(-17.1%)
IMPORT GROWTH (July 2023 - July 2024)$100M(54%)
MAIN DESTINATION (July 2024)China$30.9M

This section shows Oscilloscopes'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 Oscilloscopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.01B
IMPORTS (2022)$2.2B
NET TRADE (2022)-$1.2B

In 2022, South Korea exported $1.01B in Oscilloscopes. The main destinations of South Korea exports on Oscilloscopes were China ($415M), United States ($106M), Chinese Taipei ($90.8M), Vietnam ($79.8M), and Malaysia ($48.6M).

In 2022, South Korea imported $2.2B in Oscilloscopes, mainly from Japan ($624M), Malaysia ($402M), China ($386M), United States ($341M), and Germany ($126M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oscilloscopes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$27.6M (35.1%)
France$15.9M (1.25k%)
Germany$10.4M (58.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oscilloscopes BY South Korea WERE (2021 - 2022):
China-$49.6M (-10.7%)
Vietnam-$43.3M (-35.1%)
Chinese Taipei-$23M (-20.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Oscilloscopes were:
Malaysia $5.99B
United States $5.38B
Japan $3.49B
In 2022, South Korea's main importing competitors in Oscilloscopes were:
China $4.82B
United States $4.8B
Chinese Taipei $3.89B

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Trade Value of Oscilloscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $64.7M
TOP IMPORT POTENTIALChina+ $69.7M

Oscilloscopes’s highest export potential is China. With an export gap of $64.7M.   Oscilloscopes’s highest import potential is China with an import gap of $69.7M.

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