Percussion in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $2.11M in Percussion, making it the 20th largest exporter of Percussion in the world. At the same year, Percussion was the 915th most exported product in South Korea. The main destination of Percussion exports from South Korea are: United States ($432k), Italy ($399k), Spain ($255k), United Kingdom ($244k), and Chile ($193k).

The fastest growing export markets for Percussion of South Korea between 2021 and 2022 were Chile ($123k), Japan ($97.2k), and United States ($56.9k).

Imports In 2022, South Korea imported $13.6M in Percussion, becoming the 7th largest importer of Percussion in the world. At the same year, Percussion was the 892nd most imported product in South Korea. South Korea imports Percussion primarily from: China ($7.63M), United States ($1.76M), Chinese Taipei ($1.06M), Netherlands ($620k), and Germany ($470k).

The fastest growing import markets in Percussion for South Korea between 2021 and 2022 were United States ($657k), Chinese Taipei ($217k), and Canada ($215k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Percussion exports accounted up to $215k and imports accounted up to $497k, resulting in a negative trade balance of $282k. Between July 2023 and July 2024 the exports of South Korea's Percussion have increased by $65k (43.3%) from $150k to $215k, while imports increased by $102k (25.8%) from $395k to $497k.

Destinations In July 2024, Percussion were exported mostly to Spain ($112k), Italy ($70k), Greece ($16k), United States ($7k), and Japan ($6k), and were imported mostly from China ($292k), Japan ($52k), Spain ($32k), Nepal ($28k), and United States ($21k).

Growth In July 2024, the increase in Percussion's year-by-year exports was explained primarily by an increase in exports to United States ($15k or 18.3%). In July 2024, the increase in Percussion's year-by-year imports was explained primarily by an increase in imports from Japan ($27k or 77.1%), France ($4k or 66.7%), and Nepal ($2k or 100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$65k(43.3%)

IMPORT GROWTH (July 2023 - July 2024)$102k(25.8%)

MAIN DESTINATION (July 2024)Spain$112k

This section shows Percussion'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 Percussion over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.11M

IMPORTS (2022)$13.6M

NET TRADE (2022)-$11.5M

In 2022, South Korea exported $2.11M in Percussion. The main destinations of South Korea exports on Percussion were United States ($432k), Italy ($399k), Spain ($255k), United Kingdom ($244k), and Chile ($193k).

In 2022, South Korea imported $13.6M in Percussion, mainly from China ($7.63M), United States ($1.76M), Chinese Taipei ($1.06M), Netherlands ($620k), and Germany ($470k).

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