Metal Finishing Machines in   South Korea

Overview In July 2024 South Korea's Metal Finishing Machines exports accounted up to $3.64M and imports accounted up to $6.43M, resulting in a negative trade balance of $2.78M. Between July 2023 and July 2024 the exports of South Korea's   Metal Finishing Machines have decreased by $-6.7M (-64.8%) from $10.3M to $3.64M, while imports decreased by $-2.66M (-29.3%) from $9.08M to $6.43M.

Destinations In July 2024, Metal Finishing Machines were exported mostly to Turkey ($1.23M), Vietnam ($1.22M), India ($336k), United States ($227k), and China ($206k), and were imported mostly from Japan ($1.59M), Australia ($1.21M), Thailand ($1.19M), Germany ($1.18M), and China ($371k).

Growth In July 2024, the decrease in Metal Finishing Machines's year-by-year exports was explained primarily by a decrease in exports to Germany ($-1.72M or -99.5%), China ($-1.32M or -72.5%), and Indonesia ($-730k or -100%). In July 2024, the decrease in Metal Finishing Machines's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-372k or -20.3%), China ($-330k or -62.9%), and Australia ($-116k or -26.5%).