South Korea's Top 10 Electronics Export Regions & Countries, By 2021-24? Blog-73

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#drladevedkumar

By Dr. Lade Vedkumar.

World wide Smart cards; electronic integrated circuits; LED lamps. exports will rise from 689.1 billion dollars to 1.0 trillion dollars by 2021-24.

South Korea's Smart cards; electronic integrated circuits; LED lamps exports will rise from 108.9 billion dollars to 201.2 billion dollars. South Korea's exports represent 10% of world exports for this product, its world export ranking is 2.

South Korea's electronics export prospects are going to expand magnificently in these regions by 2021-24.

These are the average export values of 2020 and prospects by 2024.

East Asia:

2020-80.1 billion dollars,

2024-135.0 billion dollars.

ASEAN:

2020-21.5 billion dollars,

2024-37.4 billion dollars.

EU & West Europe:

2020-1.9 billion dollars,

2024-10.1 billion dollars.

North America:

2020-1.8 billion dollars,

2024-9.1 billion dollars.

Latin America:

2020-2.1 billion dollars,

2024-4.7 billion dollars.

South Asia:

2020- 975.2illion dollars,

2024-2.5 billion dollars.

Middle East:

2020-123.6 million dollars,

2024-1.0 billion dollars.

East Europe & Central Asia:

2020-91.5 million dollars,

2024-798.9 million dollars.

Northern Africa:

2020-29.8 million dollars,

2024-242.9 million dollars.

Pacific:

2020-32.1 million dollars,

2024-188.0 million dollars.

Important conclusion:

Best results can be found in regions having larger absolute difference between 2020's exports and prospects by 2024. It will create the space to earn additional export.

South Korea's top export regions for smart card; electronics circuit and LED lamps are East Asia, ASEAN and EU & West Europe. East Asia shows the largest absolute difference between potential and actual exports in value terms, leaving room to realize additional exports.

South Korea's Top 10 Electronics Export Countries, By 2021-24?

China:

2020-51.9 billion dollars,

2024-100.8 billion dollars.

Viet Nam:

2020-10.3 billion dollars,

2024-21.6 billion dollars.

Hong Kong:

2020-20.9 billion dollars,

2024-21.3 billion dollars.

Taiwan:

2020-5.9 billion dollars,

2024-9.0 billion dollars.

United States of America:

2020-1.7 billion dollars,

2024-8.6 billion dollars.

Singapore:

2020-5.4 billion dollars,

2024-5.2 billion dollars.

Malaysia:

2020-1.3 billion dollars,

2024-4.3 billion dollars.

Philippines:

2020-3.4 billion dollars,

2024-4.3 billion dollars.

Japan:

2020-1.3 billion dollars,

2024-3.8 billion dollars.

Mexico:

2020-1.2 billion dollars,

2024-3.4 billion dollars.

Important conclusion:

South Korea export of Smart cards; electronic integrated circuits; LED lamps top three markets are China, Viet Nam and Hong Kong SAR. China shows the largest absolute difference between potential and actual exports in value terms, leaving room to realize additional exports.

Smart cards; electronic integrated circuits; LED lamps Top Exporting Countries By 2021-24.

Taiwan:

2020-142.2 billion dollars,

2024-231.4 billion dollars.

South Korea:

2020-108.9 billion dollars,

2024-201.2 billion dollars.

China:

2020-104.0 billion dollars,

2024-162.2 billion dollars.

Singapore:

2020-64.3 billion dollars,

2024-100.2 billion dollars.

Malaysia:

2020-63.0 billion dollars,

2024-93.3 billion dollars.

Japan:

2020-39.7 billion dollars,

2024-83.1 billion dollars.

Philippines:

2020-22.4 billion dollars,

2024-42.2 billion dollars.

United States of America:

2020-46.5 billion dollars,

2024-35.8 billion dollars.

Viet Nam:

2020-14.0 billion dollars,

2024-32.1 billion dollars.

Thailand:

2020-12.0 billion dollars,

2024-20.9 billion dollars.

Important conclusion:

Smart cards; electronic integrated circuits; LED lamps top three exporting countries are Taiwan, Chinese, South Korea, Republic of and China. South Korea shows the largest absolute difference between potential and actual exports in value terms, leaving room to realize additional exports.

Important Note:

We can predict your desired product, sector, country and region wise export/import insight by 2021-24.

We can provide reports to individuals, entities or associations. Report is available in one time format or you can subscribe for four updates annually.

First type of report includes:

South Korea's Electronic Products Top 40 export countries and 15 sub-regions by 2021-24?

It is very important to know the competitor's country's future market share. We provide three competitor countries electronic products export prospects by 2021-24.

Second report includes:

Below products top 40 markets, top 15 sub-region wise export/import insight by 2021-24.

Three competitor countries product insight by 2021-24.

You can choose the product below for an insight.

Electronic equipment:

1. Smart cards; electronic integrated circuits; LED lamps.

2. Parts of telephone sets & other transmission apparatus

3. HS code 853400 Printed circuits.

4. Mobile and Telephone sets.

5. 854140 Photosensitive semiconductor devices.

6. 852580 Television cameras.

7. 853224 Fixed electrical capacitors, ceramic dielectric, multilayer.

8. 854110 Diodes.

9. 854190 Parts of diodes, transistors & similar semiconductor devices.

10. 854129 Transistors >=1W

11. 854160 Mounted piezoelectric crystals

12. 853321 Fixed electrical resistors, <=20W.

13. 8528Xa Monitors, other than for computers.

14. 854121 Transistors <1W.

15. 853340 Electrical variable resistors.

16. 852910 Aerial (reflectors).

17. Reception apparatus for television.

18. 853222 Fixed electrical capacitors, aluminium electrolytic.

19. 851890 Parts of microphones, loudspeakers, headphones, earphones & amplifier.

20. 853229 Fixed electrical capacitors.

21. 854150 Semiconductor devices.

22. 851830 Head and earphones.

23. 853221 Fixed electrical capacitors, tantalum.

24. 851810 Microphones.

25. 8528Xb Projectors.

26. 852290 Parts and accessories for video/sound recording and picture/sound reproducing.

27. 852190 Video recording/reproducing apparatus.

28. 852799 Radio players.

29. 853223 Fixed electrical capacitors, ceramic dielectric, single layer.

30. 853390 Parts of electrical resistors.

31. 853329 Fixed electrical resistors, >=20W.

32. 853225 Fixed electrical capacitors, paper/plastics dielectric.

33. 853310 Fixed carbon resistors, composition or film types.

34. 854130 Thyristors, diacs & triacs.

35. 851829 Loudspeakers, without enclosures.

36. 854089 Electronic valves & tubes.

37. 852721 Car radio cassette players.

38. 851840 Audio-frequency amplifiers.

39. 853230 Variable/adjustable "pre-set" electrical capacitors.

40. 853290 Parts of electrical "pre-set" capacitors.

41. 851850 Sound amplifier sets.

42. 851930 Turntables

852791 Radiocassette players.

43. 851821 Single loudspeakers, mounted in enclosures.

44. 852729 Car radio players.

45. Other sound recording/reproducing apparatus.

46. 853210 Fixed power capacitators.

47. 851822 Multiple loudspeakers, mounted in enclosures.

48. 853339 Wirewound variable electrical resistors, >=20W

49. 851711 (Cordless) line telephone sets

50. 854099 Parts of thermionic, cold/photo cathode valves & tubes.

51. 852713 Radio-broadcast receivers without external source of power.

52. 853331 Wirewound variable electrical resistors, <=20W.

53. 854071 Magnetrons.

54. 854091 Parts of cathode ray tubes.

55. 854040 Data/graphic display tubes.

56. 852719 Radio players, operating without an external power source.

57. 852110 Video recording/reproducing apparatus, magnetic.

58. 854020 Television camera and other photo cathode tubes.

Please mention a six digit HS code for the insight.

Email:

futureexportvision@gmail.com

Note: All the values are in an US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2020's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digit HS code was used for the above insight.

'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'

Research source:

1. World Trade Organization, Trade forecast.

2. World Bank WITS.

3. International Trade Centre.

Research access duration January 2021.

Other valuable links:

Amazon global selling guide:

https://sell.amazon.com/global-selling/guide

Why Are These Korea's Top 10 Exports, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-these-are-koreas-top-10-exports-by.html

Why Are These World's Top 10 Exporting Countries, By 2021-24?