Delivery Trucks in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $1.65B in Delivery Trucks, making it the 21st largest exporter of Delivery Trucks in the world. At the same year, Delivery Trucks was the 64th most exported product in South Korea. The main destination of Delivery Trucks exports from South Korea are: Chile ($179M), Iraq ($171M), Vietnam ($152M), Australia ($128M), and Turkey ($102M).

The fastest growing export markets for Delivery Trucks of South Korea between 2021 and 2022 were Turkey ($58.5M), Ukraine ($27.6M), and Chinese Taipei ($26.5M).

Imports In 2022, South Korea imported $629M in Delivery Trucks, becoming the 43rd largest importer of Delivery Trucks in the world. At the same year, Delivery Trucks was the 160th most imported product in South Korea. South Korea imports Delivery Trucks primarily from: Sweden ($147M), United States ($120M), France ($77.4M), China ($48.5M), and Netherlands ($47.9M).

The fastest growing import markets in Delivery Trucks for South Korea between 2021 and 2022 were China ($36.4M), Sweden ($33.3M), and France ($29.5M).

COMPANIES In 2023, leading companies such as SIGMA CORPORATION (1.4k), FORD MOTOR COMPANY (900), and LG ELECTRONICS U.S.A. INC. (712) were at the forefront of shipping Delivery Trucks from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Delivery Trucks exports accounted up to $171M and imports accounted up to $54.9M, resulting in a positive trade balance of $116M. Between February 2023 and February 2024 the exports of South Korea's Delivery Trucks have increased by $16.6M (10.8%) from $154M to $171M, while imports increased by $7.72M (16.4%) from $47.2M to $54.9M.

Destinations In February 2024, Delivery Trucks were exported mostly to Turkey ($23.7M), Australia ($20.8M), United Kingdom ($13.3M), Iraq ($13.1M), and Vietnam ($9.35M), and were imported mostly from Sweden ($19.9M), Netherlands ($15.5M), China ($5.24M), Poland ($4.25M), and France ($3.87M).

Growth In February 2024, the increase in Delivery Trucks's year-by-year exports was explained primarily by an increase in exports to Australia ($7.41M or 120%), Ukraine ($6.72M or 5.84k%), and South Africa ($3.48M or 157%). In February 2024, the increase in Delivery Trucks's year-by-year imports was explained primarily by an increase in imports from Poland ($5.82M or 313%), China ($3.06M or 273%), and Germany ($2.44M or 168%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$16.6M(10.8%)

IMPORT GROWTH (February 2023 - February 2024)$7.72M(16.4%)

MAIN DESTINATION (February 2024)Turkey$23.7M

This section shows Delivery Trucks'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 Delivery Trucks over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.65B

IMPORTS (2022)$629M

NET TRADE (2022)$1.02B

In 2022, South Korea exported $1.65B in Delivery Trucks. The main destinations of South Korea exports on Delivery Trucks were Chile ($179M), Iraq ($171M), Vietnam ($152M), Australia ($128M), and Turkey ($102M).

In 2022, South Korea imported $629M in Delivery Trucks, mainly from Sweden ($147M), United States ($120M), France ($77.4M), China ($48.5M), and Netherlands ($47.9M).

Explore Visualizations