Korea Trade Data

Electrical machinery and electronics: South Korea exports to Panama

HS chapter 85 · 전기기기와 그 부분품, 녹음기ㆍ음성 재생기ㆍ텔레비전의 영상과 음성의 기록기ㆍ재생기와 이들의 부분품ㆍ부속품 · latest month: October 2026

Exports, October 2026
$2.0M
+38.8% vs previous month
vs same month a year earlier
+15.9%
export value
Exports, last 12 months
$19.6M
-28.1% vs 12 months before
Export weight, October 2026
347 t
net weight
Export value per kg
$5.67
October 2026

In October 2026, South Korea exported $2.0 million of electrical machinery and electronics (HS 85) to Panama, up 38.8% from September 2026 and up 15.9% from October 2025.

Over the 12 months to October 2026, exports of electrical machinery and electronics (HS 85) to Panama totalled $19.6 million, down 28.1% from the 12 months before ($27.3 million).

Panama took 0.0% of South Korea's exports of this product over the 12 months to October 2026, ranking 73rd of 227 destinations (70th in the 12 months before).

This product made up 1.3% of South Korea's goods exports to Panama over the same period.

The average export value in October 2026 was $5.67 per kg of net weight, compared with $3.42 per kg in October 2025.

Imports from Panama in October 2026 were $450,494 (up 240.3% from October 2025), leaving a surplus of $1.5 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$2M$4M$6M$8MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $1.9 millionDecember 2024: $7.5 millionJanuary 2025: $1.6 millionFebruary 2025: $1.5 millionMarch 2025: $1.9 millionApril 2025: $2.4 millionMay 2025: $2.2 millionJune 2025: $1.4 millionJuly 2025: $2.0 millionAugust 2025: $886,343September 2025: $2.3 millionOctober 2025: $1.7 millionNovember 2025: $1.4 millionDecember 2025: $1.7 millionJanuary 2026: $1.8 millionFebruary 2026: $987,217March 2026: $1.9 millionApril 2026: $1.8 millionMay 2026: $1.7 millionJune 2026: $1.6 millionJuly 2026: $2.1 millionAugust 2026: $1.3 millionSeptember 2026: $1.4 millionOctober 2026: $2.0 million
Monthly importsImport value in US dollars (CIF).
$0M$0.5M$1M$1.5M$2MOct ’26May ’26Dec ’25Jul ’25Feb ’25$0.45MNovember 2024: $359,370December 2024: $246,083January 2025: $546,540February 2025: $617,985March 2025: $706,826April 2025: $814,998May 2025: $588,158June 2025: $1.1 millionJuly 2025: $380,005August 2025: $225,596September 2025: $105,227October 2025: $132,364November 2025: $149,893December 2025: $154,291January 2026: $98,362February 2026: $292,136March 2026: $879,250April 2026: $1.5 millionMay 2026: $868,248June 2026: $1.3 millionJuly 2026: $908,648August 2026: $532,063September 2026: $138,010October 2026: $450,494

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$2.0M+15.9%347 t $5.67$450K282 t
September 2026$1.4M-38.9%257 t $5.53$138K176 kg
August 2026$1.3M+49.8%318 t $4.17$532K40.1 t
July 2026$2.1M+5.2%480 t $4.34$909K71.2 t
June 2026$1.6M+11.8%484 t $3.24$1.3M90.2 t
May 2026$1.7M-21.2%414 t $4.17$868K56.2 t
April 2026$1.8M-27.0%409 t $4.31$1.5M47.6 t
March 2026$1.9M+2.1%555 t $3.50$879K250 t
February 2026$987K-35.8%145 t $6.80$292K273 t
January 2026$1.8M+16.0%335 t $5.45$98K105 t
December 2025$1.7M-78.0%442 t $3.75$154K122 t
November 2025$1.4M-25.9%228 t $6.06$150K43.8 t
October 2025$1.7M+24.5%497 t $3.42$132K120 t
September 2025$2.3M+47.3%613 t $3.79$105K56.2 t
August 2025$886K-41.6%160 t $5.53$226K203 t
July 2025$2.0M-27.6%402 t $4.92$380K393 t
June 2025$1.4M-12.4%239 t $5.86$1.1M355 t
May 2025$2.2M-8.8%396 t $5.54$588K402 t
April 2025$2.4M-7.4%661 t $3.66$815K654 t
March 2025$1.9M-26.5%442 t $4.30$707K502 t
February 2025$1.5M-42.9%434 t $3.54$618K541 t
January 2025$1.6M-12.3%364 t $4.32$547K597 t
December 2024$7.5M+209.7%742 t $10.15$246K204 t
November 2024$1.9M-27.7%457 t $4.09$359K395 t

Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.

Largest headings exported to Panama

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
8507Rechargeable batteries (electric accumulators)$9.6M 48.8%-17.7%$772K
8517Telephones, smartphones and network equipment$2.2M 11.1%-13.8%$180K
8504Electrical transformers, static converters and inductors$1.8M 9.1%-74.7%$430K
8544Insulated wire and cable$855K 4.4%+11.5%$17K
8537Electrical control and distribution boards$804K 4.1%+33.7%$78K
8524Flat panel display modules$766K 3.9%-32.0%$268K
8528Monitors, projectors and televisions$655K 3.3%+24.1%$14K
8543Electrical machines and apparatus with individual functions$487K 2.5%+19.3%$42K
8511Ignition and starting equipment for engines$485K 2.5%+88.5%$68K
8532Electrical capacitors$484K 2.5%+7.9%$2,492
8501Electric motors and generators$381K 1.9%+159.0%$40K
8529Parts for display modules, televisions and broadcasting equipment$351K 1.8%-18.8%$20K
8516Electric water heaters, space heaters, ovens and heating appliances$240K 1.2%+9.5%$4,958
8518Microphones, loudspeakers, headphones and amplifiers$125K 0.6%-49.1%$17K
8539Electric filament or discharge lamps, etc.$115K 0.6%+542.8%$2,433
8536Electrical switches, connectors and circuit protection (up to 1,000 V)$88K 0.4%-53.0%$2,854
8531Electric sound or visual signalling apparatus, etc.$78K 0.4%-23.4%$2,614
8538Parts for electrical switching and control apparatus$50K 0.3%-48.1%$90
8509Household appliances with electric motor (blenders, juicers and others)$22K 0.1%–$7,864
8526Radar and radio navigation apparatus$19K 0.1%-22.7%$0

See also: Electrical machinery and electronics to all countries · all exports to Panama