Microscopes in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $19.9M in Microscopes, making it the 20th largest exporter of Microscopes in the world. At the same year, Microscopes was the 649th most exported product in South Korea. The main destination of Microscopes exports from South Korea are: China ($6.61M), Vietnam ($2.9M), Chinese Taipei ($1.96M), United States ($1.21M), and Japan ($1.09M).

The fastest growing export markets for Microscopes of South Korea between 2021 and 2022 were Chinese Taipei ($1.54M), Hong Kong ($849k), and United States ($654k).

Imports In 2022, South Korea imported $84.3M in Microscopes, becoming the 6th largest importer of Microscopes in the world. At the same year, Microscopes was the 549th most imported product in South Korea. South Korea imports Microscopes primarily from: Germany ($34.7M), Japan ($20.4M), China ($9.72M), United States ($6.34M), and Singapore ($5.02M).

The fastest growing import markets in Microscopes for South Korea between 2021 and 2022 were Germany ($1.85M), China ($923k), and Singapore ($899k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Microscopes from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Microscopes exports accounted up to $1.2M and imports accounted up to $5.99M, resulting in a negative trade balance of $4.79M. Between February 2023 and February 2024 the exports of South Korea's Microscopes have increased by $277k (29.9%) from $927k to $1.2M, while imports decreased by $-3.31M (-35.6%) from $9.3M to $5.99M.

Destinations In February 2024, Microscopes were exported mostly to United States ($371k), China ($190k), Vietnam ($172k), Iran ($103k), and Germany ($103k), and were imported mostly from Germany ($2.68M), Japan ($1.28M), China ($806k), United Kingdom ($371k), and United States ($304k).

Growth In February 2024, the increase in Microscopes's year-by-year exports was explained primarily by an increase in exports to Vietnam ($636k or 3.03k%), United States ($122k or 298%), and Mexico ($33k or 3.3k%). In February 2024, the decrease in Microscopes's year-by-year imports was explained primarily by a decrease in imports from Germany ($-2.47M or -51.9%), United Kingdom ($-57k or -62.6%), and Hong Kong ($-46k or -85.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$277k(29.9%)

IMPORT GROWTH (February 2023 - February 2024)$-3.31M(-35.6%)

MAIN DESTINATION (February 2024)United States$371k

This section shows Microscopes'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 Microscopes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$19.9M

IMPORTS (2022)$84.3M

NET TRADE (2022)-$64.4M

In 2022, South Korea exported $19.9M in Microscopes. The main destinations of South Korea exports on Microscopes were China ($6.61M), Vietnam ($2.9M), Chinese Taipei ($1.96M), United States ($1.21M), and Japan ($1.09M).

In 2022, South Korea imported $84.3M in Microscopes, mainly from Germany ($34.7M), Japan ($20.4M), China ($9.72M), United States ($6.34M), and Singapore ($5.02M).

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