2022
Exports | Imports
$807k | $1.44MWorld Rnk 13 / 116
Flag Rnk 1000 / 1204
World Rnk 12 / 174
Flag Rnk 1119 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.71Rnk 4 / 124

About

Exports In 2022, South Korea exported $807k in Clock Movements, making it the 13th largest exporter of Clock Movements in the world. At the same year, Clock Movements was the 1000th most exported product in South Korea. The main destination of Clock Movements exports from South Korea are: Germany ($508k), Netherlands ($234k), China ($57.2k), United States ($3.25k), and Cambodia ($2.1k).

The fastest growing export markets for Clock Movements of South Korea between 2021 and 2022 were Germany ($221k), China ($4.13k), and Cambodia ($2.1k).

Imports In 2022, South Korea imported $1.44M in Clock Movements, becoming the 12th largest importer of Clock Movements in the world. At the same year, Clock Movements was the 1119th most imported product in South Korea. South Korea imports Clock Movements primarily from: China ($1.33M), Thailand ($29.9k), Switzerland ($29.4k), Italy ($21k), and Germany ($10.6k).

The fastest growing import markets in Clock Movements for South Korea between 2021 and 2022 were Switzerland ($29.1k), Thailand ($28.9k), and Italy ($7.17k).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (534) were at the forefront of shipping Clock Movements from South Korea to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (February 2023 - February 2024)$24k(120%)
MAIN DESTINATION (February 2024)China$0

This section shows Clock Movements'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 Clock Movements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$807k
IMPORTS (2022)$1.44M
NET TRADE (2022)-$631k

In 2022, South Korea exported $807k in Clock Movements. The main destinations of South Korea exports on Clock Movements were Germany ($508k), Netherlands ($234k), China ($57.2k), United States ($3.25k), and Cambodia ($2.1k).

In 2022, South Korea imported $1.44M in Clock Movements, mainly from China ($1.33M), Thailand ($29.9k), Switzerland ($29.4k), Italy ($21k), and Germany ($10.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clock Movements EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Germany$221k (77.1%)
China$4.13k (7.78%)
Cambodia$2.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clock Movements BY South Korea WERE (2021 - 2022):
Netherlands-$79.5k (-25.4%)
United States-$7.59k (-70%)
Hong Kong-$6.41k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Clock Movements were:
In 2022, South Korea's main importing competitors in Clock Movements were:

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Trade Value of Clock Movements by Exporters

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