Tobacco Processing Machines in   South Korea

Overview In December 2024 South Korea's Tobacco Processing Machines exports accounted up to $725k and imports accounted up to $1.19M, resulting in a negative trade balance of $462k. Between December 2023 and December 2024 the exports of South Korea's   Tobacco Processing Machines have increased by $640k (753%) from $85k to $725k, while imports decreased by $-11.8M (-90.9%) from $13M to $1.19M.

Destinations In December 2024, Tobacco Processing Machines were exported mostly to Indonesia ($682k), South Africa ($33k), Kazakhstan ($7k), Spain ($3k), and China ($0), and were imported mostly from Germany ($569k), Italy ($345k), China ($94k), Poland ($51k), and Czechia ($35k).

Growth In December 2024, the increase in Tobacco Processing Machines's year-by-year exports was explained primarily by an increase in exports to Russia ($31k or 620%), Indonesia ($30k or 150%), and Germany ($26k or 520%). In December 2024, the decrease in Tobacco Processing Machines's year-by-year imports was explained primarily by a decrease in imports from Italy ($-32M or -98.5%), Germany ($-17.9M or -94.2%), and Poland ($-1.83M or -98%).