Aircraft Launch Gear in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $3.08M in Aircraft Launch Gear, making it the 31st largest exporter of Aircraft Launch Gear in the world. At the same year, Aircraft Launch Gear was the 881st most exported product in South Korea. The main destination of Aircraft Launch Gear exports from South Korea are: Indonesia ($1.75M), Israel ($472k), United States ($452k), India ($95.4k), and Egypt ($68.5k).

The fastest growing export markets for Aircraft Launch Gear of South Korea between 2021 and 2022 were Israel ($472k), Indonesia ($394k), and India ($95.4k).

Imports In 2022, South Korea imported $6.41M in Aircraft Launch Gear, becoming the 38th largest importer of Aircraft Launch Gear in the world. At the same year, Aircraft Launch Gear was the 993rd most imported product in South Korea. South Korea imports Aircraft Launch Gear primarily from: United States ($2.49M), Israel ($766k), France ($701k), Germany ($663k), and Singapore ($587k).

The fastest growing import markets in Aircraft Launch Gear for South Korea between 2021 and 2022 were Israel ($604k), Singapore ($544k), and Netherlands ($429k).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (15.7k), ROBERT BOSCH TOOL CORPORATION (3.42k), and CNH INDUSTRIAL AMERICA LLC (880) were at the forefront of shipping Aircraft Launch Gear from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Aircraft Launch Gear exports accounted up to $59k and imports accounted up to $243k, resulting in a negative trade balance of $184k. Between February 2023 and February 2024 the exports of South Korea's Aircraft Launch Gear have decreased by $-6.29M (-99.1%) from $6.35M to $59k, while imports increased by $164k (208%) from $79k to $243k.

Destinations In February 2024, Aircraft Launch Gear were exported mostly to Canada ($55k), United States ($4k), China ($0), Turkey ($0), and United Kingdom ($0), and were imported mostly from United Kingdom ($207k), United States ($29k), Turkey ($4k), China ($2k), and Netherlands ($1k).

Growth In February 2024, the decrease in Aircraft Launch Gear's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the increase in Aircraft Launch Gear's year-by-year imports was explained primarily by an increase in imports from United States ($2k or 7.41%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-6.29M(-99.1%)

IMPORT GROWTH (February 2023 - February 2024)$164k(208%)

MAIN DESTINATION (February 2024)Canada$55k

This section shows Aircraft Launch Gear'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 Aircraft Launch Gear over time.

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