Trailers and semi-trailers, not mechanically propelled vehicles in South Korea

About

Exports In 2022, South Korea exported $130M in Trailers and semi-trailers, not mechanically propelled vehicles, making it the 30th largest exporter of Trailers and semi-trailers, not mechanically propelled vehicles in the world. At the same year, Trailers and semi-trailers, not mechanically propelled vehicles was the 342nd most exported product in South Korea. The main destination of Trailers and semi-trailers, not mechanically propelled vehicles exports from South Korea are: United States ($56.2M), United Kingdom ($16.5M), Japan ($11.8M), China ($6.22M), and Germany ($5.65M).

The fastest growing export markets for Trailers and semi-trailers, not mechanically propelled vehicles of South Korea between 2021 and 2022 were Kuwait ($2.44M), Mexico ($1.49M), and Chinese Taipei ($1.21M).

Imports In 2022, South Korea imported $234M in Trailers and semi-trailers, not mechanically propelled vehicles, becoming the 29th largest importer of Trailers and semi-trailers, not mechanically propelled vehicles in the world. At the same year, Trailers and semi-trailers, not mechanically propelled vehicles was the 322nd most imported product in South Korea. South Korea imports Trailers and semi-trailers, not mechanically propelled vehicles primarily from: China ($127M), Germany ($27.1M), United States ($18.9M), United Kingdom ($13.5M), and Turkey ($8.78M).

The fastest growing import markets in Trailers and semi-trailers, not mechanically propelled vehicles for South Korea between 2021 and 2022 were Israel ($4.76M), Netherlands ($2.53M), and Italy ($1.28M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (90), CNH Industrial (31), and Sutong (15) were at the forefront of shipping Trailers and semi-trailers, not mechanically propelled vehicles from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Trailers and semi-trailers, not mechanically propelled vehicles exports accounted up to $9.85M and imports accounted up to $15.8M, resulting in a negative trade balance of $5.98M. Between July 2023 and July 2024 the exports of South Korea's Trailers and semi-trailers, not mechanically propelled vehicles have increased by $1.52M (18.3%) from $8.33M to $9.85M, while imports increased by $3.02M (23.6%) from $12.8M to $15.8M.

Destinations In July 2024, Trailers and semi-trailers, not mechanically propelled vehicles were exported mostly to United States ($4.16M), Japan ($1.26M), Singapore ($643k), China ($522k), and Chinese Taipei ($377k), and were imported mostly from China ($9.7M), United States ($2.88M), Netherlands ($676k), Japan ($545k), and Germany ($470k).

Growth In July 2024, the increase in Trailers and semi-trailers, not mechanically propelled vehicles's year-by-year exports was explained primarily by an increase in exports to Switzerland ($524k or 1.11k%), Germany ($518k or 224%), and Netherlands ($181k or 144%). In July 2024, the increase in Trailers and semi-trailers, not mechanically propelled vehicles's year-by-year imports was explained primarily by an increase in imports from Japan ($191k or 42.2%), United States ($82k or 3.16%), and Estonia ($43k or 1.08k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$1.52M(18.3%)

IMPORT GROWTH (July 2023 - July 2024)$3.02M(23.6%)

MAIN DESTINATION (July 2024)United States$4.16M

This section shows Trailers and semi-trailers, not mechanically propelled vehicles'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 Trailers and semi-trailers, not mechanically propelled vehicles over time.

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