South Korea / Gabon

Overview In July 2024, South Korea exported $1.2M and imported $86k from Gabon, resulting in a positive trade balance of $1.12M. Between July 2023 and July 2024 the exports of South Korea have decreased by $-110k (-8.39%) from $1.31M to $1.2M, while imports decreased by $-632k (-88%) from $718k to $86k.

Trade In July 2024, the top exports of South Korea to Gabon were Cars, tractors, trucks & parts thereof. ($321k), Machinery, mechanical appliances, & parts ($129k), Plastics & articles thereof ($32k), Soap, cleaners, candles, dental, modelling pastes ($23k), and Furniture, bedding, lamps, & prefab buildings ($12k). In July 2024 the top imports of South Korea from Gabon were Wood, wood articles, & charcoal ($579k), Pharmaceutical products ($0), Soap, cleaners, candles, dental, modelling pastes ($0), Chemical products n.e.s. ($0), and Plastics & articles thereof ($0).

Growth In July 2024, the decrease in South Korea's year-by-year exports to Gabon was explained primarily by an decrease in product exports in Electrical machinery and electronics ($-78k or -100%), Books, newspapers, & other prints ($-50k or -100%), and Chemical products n.e.s. ($-8k or -80%). In July 2024, the decrease in South Korea's year-by-year imports  from Gabon was explained primarily by an decrease in product imports  in .