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2022
Exports $5.97BWorld Rnk 3 / 175
Flag Rnk 20 / 1204
2022
Destination $128M China
2021 - 2022
FASTEST GROWING MARKET $128MChinese Taipei
2022
PRODUCT COMPLEXITY IN Printed Circuit Boards1.14Rnk 118 / 1025
2022
Imports $3.28BWorld Rnk 5 / 209
Flag Rnk 25 / 1213
2022
Origin $200M China
2021 - 2022
FASTEST GROWING ORIGIN $200MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.97B in Printed Circuit Boards, making it the 3rd largest exporter of Printed Circuit Boards in the world. At the same year, Printed Circuit Boards was the 20th most exported product in South Korea. The main destination of Printed Circuit Boards exports from South Korea are: China ($1.81B), Vietnam ($1.53B), Chinese Taipei ($960M), United States ($288M), and Malaysia ($264M).

The fastest growing export markets for Printed Circuit Boards of South Korea between 2021 and 2022 were Chinese Taipei ($128M), China ($81.9M), and United States ($70.4M).

Imports In 2022, South Korea imported $3.28B in Printed Circuit Boards, becoming the 5th largest importer of Printed Circuit Boards in the world. At the same year, Printed Circuit Boards was the 25th most imported product in South Korea. South Korea imports Printed Circuit Boards primarily from: China ($1.21B), Chinese Taipei ($881M), Japan ($547M), Vietnam ($466M), and Thailand ($82.7M).

The fastest growing import markets in Printed Circuit Boards for South Korea between 2021 and 2022 were China ($200M), Chinese Taipei ($126M), and Japan ($89.2M).

COMPANIES In 2023, leading companies such as Cloud Network Technology (7) and TE Connectivity (3) were at the forefront of shipping Printed Circuit Boards from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Printed Circuit Boards exports accounted up to $387M and imports accounted up to $278M, resulting in a positive trade balance of $109M. Between October 2023 and October 2024 the exports of South Korea's   Printed Circuit Boards have decreased by $-23.3M (-5.68%) from $411M to $387M, while imports decreased by $-7.02M (-2.46%) from $285M to $278M.

Destinations In October 2024, Printed Circuit Boards were exported mostly to China ($107M), Vietnam ($86.1M), Chinese Taipei ($59M), Thailand ($26.4M), and United States ($21.1M), and were imported mostly from China ($113M), Japan ($53M), Vietnam ($48.4M), Chinese Taipei ($43.1M), and Thailand ($10.3M).

Growth In October 2024, the decrease in Printed Circuit Boards's year-by-year exports was explained primarily by a decrease in exports to China ($-64.5M or -41.2%), Vietnam ($-48.1M or -35.5%), and Chinese Taipei ($-12.1M or -17.1%). In October 2024, the decrease in Printed Circuit Boards's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-37.6M or -48.9%), Vietnam ($-10.6M or -27.4%), and United States ($-353k or -23.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-23.3M(-5.68%)
IMPORT GROWTH (October 2023 - October 2024)$-7.02M(-2.46%)
MAIN DESTINATION (October 2024)China$107M

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 (2022)$5.97B
IMPORTS (2022)$3.28B
NET TRADE (2022)$2.69B

In 2022, South Korea exported $5.97B in Printed Circuit Boards. The main destinations of South Korea exports on Printed Circuit Boards were China ($1.81B), Vietnam ($1.53B), Chinese Taipei ($960M), United States ($288M), and Malaysia ($264M).

In 2022, South Korea imported $3.28B in Printed Circuit Boards, mainly from China ($1.21B), Chinese Taipei ($881M), Japan ($547M), Vietnam ($466M), and Thailand ($82.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Printed Circuit Boards EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chinese Taipei$128M (15.4%)
China$81.9M (4.74%)
United States$70.4M (32.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Printed Circuit Boards BY South Korea WERE (2021 - 2022):
Vietnam-$159M (-9.43%)
Hong Kong-$49.4M (-38.5%)
Japan-$7.41M (-5.27%)
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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 Printed Circuit Boards were:
China $26B
Chinese Taipei $7.08B
In 2022, South Korea's main importing competitors in Printed Circuit Boards were:
Hong Kong $9.99B
China $9.46B
Vietnam $4.4B

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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.

See methodology.

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