2022
Exports
$11.6BWorld Rnk 1 / 216
Flag Rnk 9 / 1204
falsefalse United States
2022
PRODUCT COMPLEXITY IN Blank Audio Media
1.83Rnk 14 / 1025
2022
Imports
$1.12BWorld Rnk 14 / 223
Flag Rnk 92 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $11.6B in Blank Audio Media, making it the 1st largest exporter of Blank Audio Media in the world. At the same year, Blank Audio Media was the 9th most exported product in South Korea. The main destination of Blank Audio Media exports from South Korea are: United States ($5.93B), Hong Kong ($1.71B), Netherlands ($576M), Mexico ($478M), and Japan ($474M).

The fastest growing export markets for Blank Audio Media of South Korea between 2021 and 2022 were United States ($809M), Netherlands ($209M), and Japan ($81.8M).

Imports In 2022, South Korea imported $1.12B in Blank Audio Media, becoming the 14th largest importer of Blank Audio Media in the world. At the same year, Blank Audio Media was the 92nd most imported product in South Korea. South Korea imports Blank Audio Media primarily from: Vietnam ($327M), Thailand ($181M), Chinese Taipei ($129M), Japan ($95.6M), and United States ($86M).

COMPANIES In 2023, leading companies such as LG Electronics (5) and General Motors (2) were at the forefront of shipping Blank Audio Media from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$445M(75.8%)
IMPORT GROWTH (July 2023 - July 2024)$-70M(-29.2%)
MAIN DESTINATION (July 2024)United States$447M

This section shows Blank Audio Media'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 Blank Audio Media over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.6B
IMPORTS (2022)$1.12B
NET TRADE (2022)$10.5B

In 2022, South Korea exported $11.6B in Blank Audio Media. The main destinations of South Korea exports on Blank Audio Media were United States ($5.93B), Hong Kong ($1.71B), Netherlands ($576M), Mexico ($478M), and Japan ($474M).

In 2022, South Korea imported $1.12B in Blank Audio Media, mainly from Vietnam ($327M), Thailand ($181M), Chinese Taipei ($129M), Japan ($95.6M), and United States ($86M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blank Audio Media EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$809M (15.8%)
Netherlands$209M (57.1%)
Japan$81.8M (20.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blank Audio Media BY South Korea WERE (2021 - 2022):
Czechia-$188M (-97.5%)
Ireland-$182M (-44.9%)
Russia-$61.3M (-76.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Blank Audio Media by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $490M
TOP IMPORT POTENTIALChina+ $76.2M

Blank Audio Media’s highest export potential is China. With an export gap of $490M.   Blank Audio Media’s highest import potential is China with an import gap of $76.2M.

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