Carbon-based Electronics in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $65.3M in Carbon-based Electronics, making it the 18th largest exporter of Carbon-based Electronics in the world. At the same year, Carbon-based Electronics was the 442nd most exported product in South Korea. The main destination of Carbon-based Electronics exports from South Korea are: China ($17.5M), United Kingdom ($6.03M), United States ($5.8M), Malaysia ($4.37M), and Japan ($3.79M).

The fastest growing export markets for Carbon-based Electronics of South Korea between 2021 and 2022 were United Kingdom ($4.47M), China ($2.13M), and Japan ($1.01M).

Imports In 2022, South Korea imported $290M in Carbon-based Electronics, becoming the 8th largest importer of Carbon-based Electronics in the world. At the same year, Carbon-based Electronics was the 279th most imported product in South Korea. South Korea imports Carbon-based Electronics primarily from: China ($86.4M), Japan ($65.8M), France ($37.3M), Spain ($23.6M), and United Kingdom ($21.6M).

The fastest growing import markets in Carbon-based Electronics for South Korea between 2021 and 2022 were China ($13.1M), United Kingdom ($6.49M), and Malaysia ($1.63M).

COMPANIES In 2023, leading companies such as JOHN DEERE COMMERCIAL PRODUCTS (1) were at the forefront of shipping Carbon-based Electronics from South Korea to the United States.

Latest Trends

March 2024

About

Overview In March 2024 South Korea's Carbon-based Electronics exports accounted up to $4.2M and imports accounted up to $19.4M, resulting in a negative trade balance of $15.2M. Between March 2023 and March 2024 the exports of South Korea's Carbon-based Electronics have decreased by $-675k (-13.8%) from $4.88M to $4.2M, while imports increased by $1.36M (7.51%) from $18.1M to $19.4M.

Destinations In March 2024, Carbon-based Electronics were exported mostly to China ($1.22M), United States ($699k), Norway ($495k), Malaysia ($419k), and India ($318k), and were imported mostly from Japan ($6.47M), China ($4.94M), United Kingdom ($2.13M), Germany ($1.33M), and France ($1.23M).

Growth In March 2024, the decrease in Carbon-based Electronics's year-by-year exports was explained primarily by a decrease in exports to Russia ($-265k or -68.8%), Norway ($-202k or -50.4%), and Ukraine ($-75k or -85.2%). In March 2024, the increase in Carbon-based Electronics's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($1.03M or 81.7%), Vietnam ($57k or 61.3%), and Austria ($35k or 25.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-675k(-13.8%)

IMPORT GROWTH (March 2023 - March 2024)$1.36M(7.51%)

MAIN DESTINATION (March 2024)China$1.22M

This section shows Carbon-based Electronics'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 Carbon-based Electronics over time.

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