Korea Trade Data

Parts for electric motors and generators: South Korea exports to the Philippines

HS 8503 · 부분품(제8501호나 제8502호의 기계에 전용되거나 주로 사용되는 것으로 한정한다) · latest month: October 2026

Exports, October 2026
$1.0M
-18.1% vs previous month
vs same month a year earlier
+37.1%
export value
Exports, last 12 months
$10.2M
+36.4% vs 12 months before
Export weight, October 2026
21.3 t
net weight
Export value per kg
$49.15
October 2026

In October 2026, South Korea exported $1.0 million of parts for electric motors and generators (HS 8503) to the Philippines, down 18.1% from September 2026 and up 37.1% from October 2025.

Over the 12 months to October 2026, exports of parts for electric motors and generators (HS 8503) to the Philippines totalled $10.2 million, up 36.4% from the 12 months before ($7.5 million).

The Philippines took 2.0% of South Korea's exports of this product over the 12 months to October 2026, ranking 7th of 88 destinations (8th in the 12 months before).

This product made up 0.0% of South Korea's goods exports to the Philippines over the same period.

The average export value in October 2026 was $49.15 per kg of net weight, compared with $35.84 per kg in October 2025.

Imports from the Philippines in October 2026 were $78,050 (up 140.4% from October 2025), leaving a surplus of $967,807 for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$0.5M$1M$1.5MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $623,904December 2024: $356,059January 2025: $750,856February 2025: $457,349March 2025: $384,705April 2025: $681,792May 2025: $721,424June 2025: $509,585July 2025: $869,897August 2025: $780,030September 2025: $607,393October 2025: $762,865November 2025: $612,919December 2025: $739,630January 2026: $811,488February 2026: $312,778March 2026: $1.2 millionApril 2026: $962,496May 2026: $647,240June 2026: $617,087July 2026: $1.1 millionAugust 2026: $896,080September 2026: $1.3 millionOctober 2026: $1.0 million
Monthly importsImport value in US dollars (CIF).
$0K$50K$100K$150KOct ’26May ’26Dec ’25Jul ’25Feb ’25$78KNovember 2024: $465December 2024: $18,173January 2025: $6,133February 2025: $24,622March 2025: $44,899April 2025: $9,672May 2025: $12,650June 2025: $46,373July 2025: $4,188August 2025: $32,872September 2025: $24,797October 2025: $32,461November 2025: $23,736December 2025: $16,781January 2026: $50,537February 2026: $9,815March 2026: $42,867April 2026: $103,425May 2026: $62,361June 2026: $16,280July 2026: $93,459August 2026: $57,859September 2026: $34,679October 2026: $78,050

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$1.0M+37.1%21.3 t $49.15$78K249 kg
September 2026$1.3M+110.2%38.0 t $33.59$35K135 kg
August 2026$896K+14.9%29.8 t $30.05$58K57 kg
July 2026$1.1M+31.7%27.9 t $41.04$93K414 kg
June 2026$617K+21.1%24.2 t $25.53$16K34 kg
May 2026$647K-10.3%16.0 t $40.39$62K1.2 t
April 2026$962K+41.2%28.7 t $33.51$103K469 kg
March 2026$1.2M+203.2%17.3 t $67.42$43K141 kg
February 2026$313K-31.6%9.6 t $32.69$9,81524 kg
January 2026$811K+8.1%12.0 t $67.90$51K48 kg
December 2025$740K+107.7%23.5 t $31.42$17K55 kg
November 2025$613K-1.8%14.4 t $42.60$24K43 kg
October 2025$763K-36.9%21.3 t $35.84$32K420 kg
September 2025$607K+105.1%16.4 t $36.95$25K63 kg
August 2025$780K+34.1%32.7 t $23.84$33K138 kg
July 2025$870K+42.5%18.1 t $48.12$4,18820 kg
June 2025$510K-27.4%26.6 t $19.18$46K103 kg
May 2025$721K-3.7%17.7 t $40.85$13K35 kg
April 2025$682K-25.9%30.0 t $22.73$9,67248 kg
March 2025$385K-58.2%20.7 t $18.62$45K153 kg
February 2025$457K-15.1%9.7 t $46.96$25K241 kg
January 2025$751K-32.3%23.0 t $32.60$6,13319 kg
December 2024$356K-39.9%14.7 t $24.27$18K19 kg
November 2024$624K-33.4%14.5 t $42.89$4654 kg

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.

See also: Parts for electric motors and generators to all countries · all exports to the Philippines