Photo & movie goods in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $1.14B in Photo & movie goods, making it the 5th largest exporter of Photo & movie goods in the world. At the same year, Photo & movie goods was the 38th most exported product in South Korea. The main destination of Photo & movie goods exports from South Korea are: China ($871M), Chinese Taipei ($93.3M), Hong Kong ($52.7M), United States ($35.6M), and Japan ($33.8M).

The fastest growing export markets for Photo & movie goods of South Korea between 2021 and 2022 were China ($225M), Kazakhstan ($631k), and Indonesia ($434k).

Imports In 2022, South Korea imported $1.1B in Photo & movie goods, becoming the 4th largest importer of Photo & movie goods in the world. At the same year, Photo & movie goods was the 57th most imported product in South Korea. South Korea imports Photo & movie goods primarily from: Japan ($702M), China ($171M), Belgium ($69.9M), United States ($56.8M), and Malaysia ($50.1M).

The fastest growing import markets in Photo & movie goods for South Korea between 2021 and 2022 were Malaysia ($2.18M), China ($2.14M), and United Arab Emirates ($661k).

COMPANIES In 2023, leading companies such as LG ELECTRONICS USA (30), TESLA, INC. (12), and TE CONNECTIVITY CORPORATION (8) were at the forefront of shipping Photo & movie goods from South Korea to the United States.

Latest Trends

March 2024

About

Overview In March 2024 South Korea's Photo & movie goods exports accounted up to $98.5M and imports accounted up to $85.1M, resulting in a positive trade balance of $13.5M. Between March 2023 and March 2024 the exports of South Korea's Photo & movie goods have increased by $4.9M (5.23%) from $93.6M to $98.5M, while imports increased by $5.95M (7.51%) from $79.1M to $85.1M.

Destinations In March 2024, Photo & movie goods were exported mostly to China ($75.3M), Chinese Taipei ($7.13M), Hong Kong ($6.42M), United States ($2.37M), and Japan ($2.06M), and were imported mostly from Japan ($54M), China ($14.1M), Belgium ($6.16M), United States ($5.04M), and Malaysia ($2.23M).

Growth In March 2024, the increase in Photo & movie goods's year-by-year exports was explained primarily by an increase in exports to United States ($1.35M or 92.7%), Russia ($401k or 40.1k%), and Vietnam ($197k or 25.9%). In March 2024, the increase in Photo & movie goods's year-by-year imports was explained primarily by an increase in imports from Netherlands ($1.03M or 371%), Singapore ($170k or 52.6%), and Vietnam ($86k or 176%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$4.9M(5.23%)

IMPORT GROWTH (March 2023 - March 2024)$5.95M(7.51%)

MAIN DESTINATION (March 2024)China$75.3M

This section shows Photo & movie goods'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 Photo & movie goods over time.

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