Rubberworking Machinery in   South Korea

Overview In December 2024 South Korea's Rubberworking Machinery exports accounted up to $45.8M and imports accounted up to $32.3M, resulting in a positive trade balance of $13.4M. Between December 2023 and December 2024 the exports of South Korea's   Rubberworking Machinery have decreased by $-10.7M (-19%) from $56.5M to $45.8M, while imports decreased by $-434k (-1.33%) from $32.8M to $32.3M.

Destinations In December 2024, Rubberworking Machinery were exported mostly to China ($7.58M), United States ($7.35M), Vietnam ($6.24M), Mexico ($6.21M), and India ($3.17M), and were imported mostly from China ($17.5M), Japan ($7.02M), Germany ($2.14M), India ($1.16M), and Austria ($1.13M).

Growth In December 2024, the decrease in Rubberworking Machinery's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-3.67M or -76.9%), Vietnam ($-3.29M or -54.3%), and Mexico ($-871k or -17.2%). In December 2024, the decrease in Rubberworking Machinery's year-by-year imports was explained primarily by a decrease in imports from Germany ($-9.36M or -77.3%), France ($-3.32M or -69.2%), and India ($-1.04M or -96.6%).