South Korea / Croatia

Overview In March 2024, South Korea exported $7.88M and imported $2.2M from Croatia, resulting in a positive trade balance of $5.68M. Between March 2023 and March 2024 the exports of South Korea have decreased by $-6.69M (-45.9%) from $14.6M to $7.88M, while imports increased by $350k (18.9%) from $1.85M to $2.2M.

Trade In March 2024, the top exports of South Korea to Croatia were Machinery, mechanical appliances, & parts ($4.85M), Electrical machinery and electronics ($4.51M), Cars, tractors, trucks & parts thereof. ($2.24M), Plastics & articles thereof ($893k), and Rubber & articles thereof ($633k). In March 2024 the top imports of South Korea from Croatia were Ores, slag and ash ($4.7M), Machinery, mechanical appliances, & parts ($447k), Knitted clothing accesories ($201k), Electrical machinery and electronics ($144k), and Tobacco & substitutes ($115k).

Growth In March 2024, the decrease in South Korea's year-by-year exports to Croatia was explained primarily by an decrease in product exports in Rubber & articles thereof ($-641k or -50.3%), Chemical products n.e.s. ($-474k or -87.5%), and Aluminum articles ($-410k or -100%). In March 2024, the increase in South Korea's year-by-year imports  from Croatia was explained primarily by an increase in product imports  in Machinery, mechanical appliances, & parts ($385k or 621%), Glass & glassware ($54k or 600%), and Plastics & articles thereof ($12k or 19%).