Semiconductor Devices in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $4.47B in Semiconductor Devices, making it the 9th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 24th most exported product in South Korea. The main destination of Semiconductor Devices exports from South Korea are: United States ($1.54B), China ($1.03B), Vietnam ($690M), Hong Kong ($248M), and Japan ($146M).

The fastest growing export markets for Semiconductor Devices of South Korea between 2021 and 2022 were United States ($652M), Philippines ($101M), and Poland ($6.99M).

Imports In 2022, South Korea imported $4.12B in Semiconductor Devices, becoming the 12th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 18th most imported product in South Korea. South Korea imports Semiconductor Devices primarily from: China ($1.78B), Japan ($812M), Chinese Taipei ($340M), Singapore ($215M), and Malaysia ($207M).

The fastest growing import markets in Semiconductor Devices for South Korea between 2021 and 2022 were Malaysia ($44.1M), Philippines ($38M), and Germany ($16.4M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (890), SAMSUNG ELECTRONICS AMERICA (882), and GOLDENSEE LIMITED (4) were at the forefront of shipping Semiconductor Devices from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Semiconductor Devices exports accounted up to $326M and imports accounted up to $440M, resulting in a negative trade balance of $113M. Between February 2023 and February 2024 the exports of South Korea's Semiconductor Devices have decreased by $-28.2M (-7.95%) from $354M to $326M, while imports increased by $53.7M (13.9%) from $386M to $440M.

Destinations In February 2024, Semiconductor Devices were exported mostly to China ($107M), Vietnam ($89.6M), United States ($62.8M), Japan ($9.79M), and Hong Kong ($9.48M), and were imported mostly from Japan ($168M), China ($113M), Chinese Taipei ($43.2M), Malaysia ($30.4M), and Germany ($15.2M).

Growth In February 2024, the decrease in Semiconductor Devices's year-by-year exports was explained primarily by a decrease in exports to China ($-41.8M or -38.3%), Vietnam ($-36.2M or -36.8%), and Netherlands ($-19.8M or -99%). In February 2024, the increase in Semiconductor Devices's year-by-year imports was explained primarily by an increase in imports from Malaysia ($6.2M or 23.2%), France ($1.92M or 18.4%), and Philippines ($822k or 10.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-28.2M(-7.95%)

IMPORT GROWTH (February 2023 - February 2024)$53.7M(13.9%)

MAIN DESTINATION (February 2024)China$107M

This section shows Semiconductor Devices'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 Semiconductor Devices over time.

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