2023
Exports
$3.46BWorld Rnk 4 / 179
Flag Rnk 25 / 1188
2023
PRODUCT COMPLEXITY IN Printed Circuit Boards
1.1Rnk 143 / 1025
2023
Imports
$2.12BWorld Rnk 8 / 212
Flag Rnk 42 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $3.46B in Printed Circuit Boards, making it the 4th largest exporter of Printed Circuit Boards in the world. At the same year, Printed Circuit Boards was the 25th most exported product in South Korea. The main destination of Printed Circuit Boards exports from South Korea are: China ($1.25B), Chinese Taipei ($668M), Thailand ($253M), Mexico ($212M), and Malaysia ($197M).

The fastest growing export markets for Printed Circuit Boards of South Korea between 2022 and 2023 were Thailand ($87.7M), Hong Kong ($27.7M), and Poland ($17.9M).

Imports In 2023, South Korea imported $2.12B in Printed Circuit Boards, becoming the 8th largest importer of Printed Circuit Boards in the world. At the same year, Printed Circuit Boards was the 42nd most imported product in South Korea. South Korea imports Printed Circuit Boards primarily from: China ($1.01B), Chinese Taipei ($455M), Japan ($356M), Hong Kong ($99.9M), and Thailand ($81.4M).

The fastest growing import markets in Printed Circuit Boards for South Korea between 2022 and 2023 were Hong Kong ($67.5M), Philippines ($52M), and Malaysia ($11.3M).

COMPANIES In 2024, leading companies such as LG Electronics (1) were at the forefront of shipping Printed Circuit Boards from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-24.2M(-6.68%)
IMPORT GROWTH (December 2023 - December 2024)$24.7M(11.4%)
MAIN DESTINATION (December 2024)China$86.5M

This section shows Printed Circuit Boards'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 Printed Circuit Boards over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.46B
IMPORTS (2023)$2.12B
NET TRADE (2023)$1.34B

In 2023, South Korea exported $3.46B in Printed Circuit Boards. The main destinations of South Korea exports on Printed Circuit Boards were China ($1.25B), Chinese Taipei ($668M), Thailand ($253M), Mexico ($212M), and Malaysia ($197M).

In 2023, South Korea imported $2.12B in Printed Circuit Boards, mainly from China ($1.01B), Chinese Taipei ($455M), Japan ($356M), Hong Kong ($99.9M), and Thailand ($81.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Printed Circuit Boards EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Thailand$87.7M (53.2%)
Hong Kong$27.7M (39.3%)
Poland$17.9M (38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Printed Circuit Boards BY South Korea WERE (2022 - 2023):
Vietnam-$1.57B (-100%)
China-$540M (-30.2%)
Chinese Taipei-$347M (-34.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Printed Circuit Boards were:
In 2023, South Korea's main importing competitors in Printed Circuit Boards were:

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Trade Value of Printed Circuit Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $76.8M
TOP IMPORT POTENTIALChina+ $271M

Printed Circuit Boards’s highest export potential is Hong Kong. With an export gap of $76.8M.   Printed Circuit Boards’s highest import potential is China with an import gap of $271M.

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