2022
Exports
$4.47BWorld Rnk 9 / 213
Flag Rnk 24 / 1204
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
1.09Rnk 140 / 1025
2022
Imports
$4.12BWorld Rnk 12 / 221
Flag Rnk 18 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $4.47B in Semiconductor Devices, making it the 9th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 24th most exported product in South Korea. The main destination of Semiconductor Devices exports from South Korea are: United States ($1.54B), China ($1.03B), Vietnam ($690M), Hong Kong ($248M), and Japan ($146M).

The fastest growing export markets for Semiconductor Devices of South Korea between 2021 and 2022 were United States ($652M), Philippines ($101M), and Poland ($6.99M).

Imports In 2022, South Korea imported $4.12B in Semiconductor Devices, becoming the 12th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 18th most imported product in South Korea. South Korea imports Semiconductor Devices primarily from: China ($1.78B), Japan ($812M), Chinese Taipei ($340M), Singapore ($215M), and Malaysia ($207M).

The fastest growing import markets in Semiconductor Devices for South Korea between 2021 and 2022 were Malaysia ($44.1M), Philippines ($38M), and Germany ($16.4M).

COMPANIES In 2023, leading companies such as LG Electronics (14), Samsung (11), and Acuity Brands (5) were at the forefront of shipping Semiconductor Devices from South Korea to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$9.76M(3.37%)
IMPORT GROWTH (September 2023 - September 2024)$1.67M(0.37%)
MAIN DESTINATION (September 2024)China$71M

This section shows Semiconductor Devices'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 Semiconductor Devices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.47B
IMPORTS (2022)$4.12B
NET TRADE (2022)$350M

In 2022, South Korea exported $4.47B in Semiconductor Devices. The main destinations of South Korea exports on Semiconductor Devices were United States ($1.54B), China ($1.03B), Vietnam ($690M), Hong Kong ($248M), and Japan ($146M).

In 2022, South Korea imported $4.12B in Semiconductor Devices, mainly from China ($1.78B), Japan ($812M), Chinese Taipei ($340M), Singapore ($215M), and Malaysia ($207M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$652M (73.5%)
Philippines$101M (351%)
Poland$6.99M (49.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY South Korea WERE (2021 - 2022):
China-$511M (-33.2%)
Vietnam-$406M (-37%)
Hong Kong-$71.1M (-22.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Semiconductor Devices were:
China $70.2B
Japan $9.88B
In 2022, South Korea's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $458M
TOP IMPORT POTENTIALChina+ $596M

Semiconductor Devices’s highest export potential is China. With an export gap of $458M.   Semiconductor Devices’s highest import potential is China with an import gap of $596M.

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