Insights for South Korea

MoM insights: In April 2026, South Korea's imports saw a total trade value of 62.1B USD, reflecting a month-on-month increase of 1.71B USD, which is a 2.84% rise. The top three countries contributing to this increase were China (15.58B USD, +1.47B USD, +10.42%), the United States (8.34B USD, +1.12B USD, +15.46%), and Malaysia (2.09B USD, +377.71M USD, +22.09%). Conversely, the bottom three were Japan (4.49B USD, -600.83M USD, -11.80%), Qatar (27.49M USD, -453.12M USD, -94.28%), and the Netherlands (1.09B USD, -419.96M USD, -27.62%). For exports, the total value was 85.83B USD, showing a decrease of 758.44M USD, or -0.88%. The leading countries for exports were China (17.67B USD, +1.09B USD, +6.51%), Vietnam (7.94B USD, +828.77M USD, +11.65%), and France (778.13M USD, +460.68M USD, +145.12%). The lowest performers were Hong Kong (5.54B USD, -2.31B USD, -29.43%), Chinese Taipei (5.56B USD, -734.66M USD, -11.66%), and the Netherlands (1.05B USD, -410.04M USD, -28.00%).

YoY insights: Year-on-year, imports totaled 62.1B USD, marking an increase of 8.77B USD, or 16.44%. The top contributors were China (15.58B USD, +3.08B USD, +24.66%), the United States (8.34B USD, +2.2B USD, +35.72%), and Chinese Taipei (3.31B USD, +992.03M USD, +42.79%). The bottom three were Qatar (27.49M USD, -916.5M USD, -97.09%), Kuwait (15.29M USD, -586.88M USD, -97.49%), and Iraq (611.87M USD, -304.7M USD, -33.23%). Exports reached 85.83B USD, with a significant increase of 27.65B USD, or 47.53%. The leading countries were China (17.67B USD, +6.79B USD, +62.45%), the United States (16.32B USD, +5.7B USD, +53.65%), and Vietnam (7.94B USD, +3.1B USD, +64.03%). The lowest were the United Arab Emirates (227.52M USD, -266.95M USD, -53.99%), Poland (795.6M USD, -162.99M USD, -17.00%), and Malta (277.75M USD, -136.27M USD, -32.93%).