Other Agricultural Machinery in   South Korea

Overview In July 2024 South Korea's Other Agricultural Machinery exports accounted up to $1.42M and imports accounted up to $5.96M, resulting in a negative trade balance of $4.54M. Between July 2023 and July 2024 the exports of South Korea's   Other Agricultural Machinery have decreased by $-469k (-24.8%) from $1.89M to $1.42M, while imports decreased by $-1.95M (-24.6%) from $7.91M to $5.96M.

Destinations In July 2024, Other Agricultural Machinery were exported mostly to Japan ($468k), United States ($275k), Russia ($161k), China ($147k), and Vietnam ($95k), and were imported mostly from China ($3.47M), Netherlands ($932k), Japan ($388k), Turkey ($334k), and Germany ($274k).

Growth In July 2024, the decrease in Other Agricultural Machinery's year-by-year exports was explained primarily by a decrease in exports to Japan ($-712k or -82.6%), Philippines ($-167k or -99.4%), and Vietnam ($-130k or -99.2%). In July 2024, the decrease in Other Agricultural Machinery's year-by-year imports was explained primarily by a decrease in imports from China ($-1.37M or -53.9%), Germany ($-1.35M or -83.5%), and Italy ($-1.02M or -39.1%).