2022
Exports
$387kWorld Rnk 44 / 140
Flag Rnk 1052 / 1204
2022
PRODUCT COMPLEXITY IN Wheelchairs
0.73Rnk 266 / 1025
2022
Imports
$16.3MWorld Rnk 23 / 208
Flag Rnk 867 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $387k in Wheelchairs, making it the 44th largest exporter of Wheelchairs in the world. At the same year, Wheelchairs was the 1052nd most exported product in South Korea. The main destination of Wheelchairs exports from South Korea are: Japan ($225k), Thailand ($53.6k), Russia ($26.8k), Malaysia ($16.9k), and China ($10.7k).

The fastest growing export markets for Wheelchairs of South Korea between 2021 and 2022 were Japan ($156k), Thailand ($53.6k), and Estonia ($5.79k).

Imports In 2022, South Korea imported $16.3M in Wheelchairs, becoming the 23rd largest importer of Wheelchairs in the world. At the same year, Wheelchairs was the 867th most imported product in South Korea. South Korea imports Wheelchairs primarily from: China ($10.2M), Germany ($1.94M), Chinese Taipei ($1.2M), United States ($1.03M), and Japan ($468k).

The fastest growing import markets in Wheelchairs for South Korea between 2021 and 2022 were China ($1.55M), Germany ($306k), and United States ($301k).

COMPANIES In 2023, leading companies such as General Motors (1) were at the forefront of shipping Wheelchairs from South Korea to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-59k(-98.3%)
IMPORT GROWTH (September 2023 - September 2024)$725k(82.4%)
MAIN DESTINATION (September 2024)Kyrgyzstan$1k

This section shows Wheelchairs'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 Wheelchairs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$387k
IMPORTS (2022)$16.3M
NET TRADE (2022)-$15.9M

In 2022, South Korea exported $387k in Wheelchairs. The main destinations of South Korea exports on Wheelchairs were Japan ($225k), Thailand ($53.6k), Russia ($26.8k), Malaysia ($16.9k), and China ($10.7k).

In 2022, South Korea imported $16.3M in Wheelchairs, mainly from China ($10.2M), Germany ($1.94M), Chinese Taipei ($1.2M), United States ($1.03M), and Japan ($468k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheelchairs EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$156k (224%)
Thailand$53.6k (1%)
Estonia$5.79k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheelchairs BY South Korea WERE (2021 - 2022):
Russia-$1.24M (-97.9%)
Philippines-$1.23M (-100%)
Uzbekistan-$276k (-97.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Wheelchairs were:
In 2022, South Korea's main importing competitors in Wheelchairs were:

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Trade Value of Wheelchairs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $51.1k
TOP IMPORT POTENTIALChina+ $3.39M

Wheelchairs’s highest export potential is Japan. With an export gap of $51.1k.   Wheelchairs’s highest import potential is China with an import gap of $3.39M.

See methodology.

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