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2022
Exports $285MWorld Rnk 9 / 184
Flag Rnk 225 / 1204
2022
Destination $62.3M United States
2021 - 2022
FASTEST GROWING MARKET $62.3MUnited States
2022
PRODUCT COMPLEXITY IN Revolution Counters1.07Rnk 145 / 1025
2022
Imports $226MWorld Rnk 10 / 214
Flag Rnk 331 / 1213
2022
Origin $68.7M China
2021 - 2022
FASTEST GROWING ORIGIN $68.7MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $285M in Revolution Counters, making it the 9th largest exporter of Revolution Counters in the world. At the same year, Revolution Counters was the 225th most exported product in South Korea. The main destination of Revolution Counters exports from South Korea are: United States ($113M), Slovakia ($53.9M), Slovenia ($34.1M), Czechia ($14M), and Turkey ($13.4M).

The fastest growing export markets for Revolution Counters of South Korea between 2021 and 2022 were United States ($62.3M), Slovakia ($35.8M), and Slovenia ($34.1M).

Imports In 2022, South Korea imported $226M in Revolution Counters, becoming the 10th largest importer of Revolution Counters in the world. At the same year, Revolution Counters was the 331st most imported product in South Korea. South Korea imports Revolution Counters primarily from: China ($86.7M), Vietnam ($52.6M), Philippines ($29.5M), India ($12.5M), and Spain ($10.1M).

The fastest growing import markets in Revolution Counters for South Korea between 2021 and 2022 were China ($68.7M), Philippines ($8.35M), and Vietnam ($7.85M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Revolution Counters exports accounted up to $36.6M and imports accounted up to $31.9M, resulting in a positive trade balance of $4.67M. Between July 2023 and July 2024 the exports of South Korea's   Revolution Counters have increased by $7.05M (23.9%) from $29.5M to $36.6M, while imports increased by $4.89M (18.1%) from $27M to $31.9M.

Destinations In July 2024, Revolution Counters were exported mostly to United States ($14.7M), Czechia ($7.43M), Slovakia ($6.26M), Slovenia ($1.73M), and Turkey ($1.55M), and were imported mostly from China ($16.3M), Vietnam ($10.3M), Philippines ($2.36M), United States ($800k), and Germany ($612k).

Growth In July 2024, the increase in Revolution Counters's year-by-year exports was explained primarily by an increase in exports to Slovenia ($1.09M or 41.8%), Japan ($571k or 57.1k%), and Turkey ($234k or 17.9%). In July 2024, the increase in Revolution Counters's year-by-year imports was explained primarily by an increase in imports from China ($6.92M or 136%), Philippines ($788k or 48.5%), and Vietnam ($605k or 13.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$7.05M(23.9%)
IMPORT GROWTH (July 2023 - July 2024)$4.89M(18.1%)
MAIN DESTINATION (July 2024)United States$14.7M

This section shows Revolution Counters'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 Revolution Counters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$285M
IMPORTS (2022)$226M
NET TRADE (2022)$59.2M

In 2022, South Korea exported $285M in Revolution Counters. The main destinations of South Korea exports on Revolution Counters were United States ($113M), Slovakia ($53.9M), Slovenia ($34.1M), Czechia ($14M), and Turkey ($13.4M).

In 2022, South Korea imported $226M in Revolution Counters, mainly from China ($86.7M), Vietnam ($52.6M), Philippines ($29.5M), India ($12.5M), and Spain ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Revolution Counters EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$62.3M (123%)
Slovakia$35.8M (199%)
Slovenia$34.1M (417k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Revolution Counters BY South Korea WERE (2021 - 2022):
Russia-$13.9M (-96%)
United Arab Emirates-$3M (-79.1%)
China-$2.94M (-45.9%)
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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 Revolution Counters were:
Germany $1.53B
Portugal $1.35B
Mexico $1.05B
In 2022, South Korea's main importing competitors in Revolution Counters were:
United States $1.75B
Germany $1.54B
China $984M

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Trade Value of Revolution Counters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.16M
TOP IMPORT POTENTIALGermany+ $4.56M

Revolution Counters’s highest export potential is China. With an export gap of $7.16M.   Revolution Counters’s highest import potential is Germany with an import gap of $4.56M.

See methodology.

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