2023
Exports
$1.28BWorld Rnk 5 / 102
Flag Rnk 72 / 1188
2023
PRODUCT COMPLEXITY IN Special Purpose Ships
-1.33Rnk 907 / 1025
2023
Imports
$6.89MWorld Rnk 69 / 174
Flag Rnk 952 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $1.28B in Special Purpose Ships, making it the 5th largest exporter of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 72nd most exported product in South Korea. The main destination of Special Purpose Ships exports from South Korea are: Gabon ($530M), Burma ($354M), France ($205M), Egypt ($77.8M), and Brazil ($61.7M).

The fastest growing export markets for Special Purpose Ships of South Korea between 2022 and 2023 were Gabon ($530M), Burma ($354M), and France ($205M).

Imports In 2023, South Korea imported $6.89M in Special Purpose Ships, becoming the 69th largest importer of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 952nd most imported product in South Korea. South Korea imports Special Purpose Ships primarily from: Japan ($6.82M), United States ($46.7k), and Malaysia ($24.3k).

The fastest growing import markets in Special Purpose Ships for South Korea between 2022 and 2023 were Malaysia ($21k).

COMPANIES In 2024, leading companies such as General Motors (21), Samsung (4), and LG Electronics (1) were at the forefront of shipping Special Purpose Ships from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - December 2024)$177M(24.8%)
IMPORT GROWTH (October 2023 - December 2024)$683k(N/A%)
MAIN DESTINATION (December 2024)United States$630M

This section shows Special Purpose Ships'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 Special Purpose Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.28B
IMPORTS (2023)$6.89M
NET TRADE (2023)$1.27B

In 2023, South Korea exported $1.28B in Special Purpose Ships. The main destinations of South Korea exports on Special Purpose Ships were Gabon ($530M), Burma ($354M), France ($205M), Egypt ($77.8M), and Brazil ($61.7M).

In 2023, South Korea imported $6.89M in Special Purpose Ships, mainly from Japan ($6.82M), United States ($46.7k), and Malaysia ($24.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Purpose Ships EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Gabon$530M (1%)
Burma$354M (1%)
France$205M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Purpose Ships BY South Korea WERE (2022 - 2023):
Mozambique-$4.63B (-100%)
India-$1.91B (-97.9%)
Panama-$346M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Special Purpose Ships were:
In 2023, South Korea's main importing competitors in Special Purpose Ships were:

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Trade Value of Special Purpose Ships by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $1.35M

Special Purpose Ships’s highest export potential is N/A. With an export gap of N/A.   Special Purpose Ships’s highest import potential is China with an import gap of $1.35M.

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