Insights for South Korea

MoM insights: In May 2026, South Korea's imports saw significant changes with the top five countries being Algeria (936.94M, +608.71M, +185.45%), Saudi Arabia (2.35B, +447.74M, +23.50%), and Oman (540.55M, +424.17M, +364.48%). Conversely, the bottom five included the United States (7.52B, -822.78M, -9.86%), Malaysia (1.39B, -700.65M, -33.56%), and China (15.1B, -480.92M, -3.09%). For exports, the leading countries were China (18.89B, +1.22B, +6.91%), Chinese Taipei (6.67B, +1.12B, +20.13%), and Hong Kong (6.47B, +921.79M, +16.62%). The bottom performers were France (276.77M, -501.36M, -64.43%), India (1.96B, -452.77M, -18.76%), and the United States (16B, -327.99M, -2.01%). Overall, total exports increased by 1.96B (2.29%) while imports decreased by 1.33B (-2.14%).

YoY insights: Year on year, imports from China reached 15.1B, an increase of 3.76B (+33.17%), followed by the United Arab Emirates at 1.79B (+1B, +126.57%) and the United States at 7.52B (+752.9M, +11.12%). The lowest performers included Kuwait (1K, -806.84M, -100%), Qatar (174.51M, -680.94M, -79.60%), and Iraq (158.81M, -648.38M, -80.33%). For exports, China led with 18.89B, up 8.48B (+81.46%), followed by the United States at 16B (+5.95B, +59.27%) and Hong Kong at 6.47B (+3.61B, +126.57%). The bottom performers were Germany (815.98M, -256.13M, -23.89%), France (276.77M, -221.91M, -44.50%), and Denmark (46.31M, -206.54M, -81.69%). Total exports increased by 30.58B (53.43%) while imports rose by 10.45B (20.76%).