Other Large Iron Pipes in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $796M in Other Large Iron Pipes, making it the 3rd largest exporter of Other Large Iron Pipes in the world. At the same year, Other Large Iron Pipes was the 122nd most exported product in South Korea. The main destination of Other Large Iron Pipes exports from South Korea are: United States ($219M), Canada ($130M), Indonesia ($84.3M), Qatar ($41.8M), and Singapore ($33.7M).

The fastest growing export markets for Other Large Iron Pipes of South Korea between 2021 and 2022 were United States ($133M), Canada ($75.9M), and Qatar ($33.4M).

Imports In 2022, South Korea imported $3.86M in Other Large Iron Pipes, becoming the 104th largest importer of Other Large Iron Pipes in the world. At the same year, Other Large Iron Pipes was the 1047th most imported product in South Korea. South Korea imports Other Large Iron Pipes primarily from: China ($1.65M), Germany ($683k), Japan ($263k), Chinese Taipei ($240k), and Qatar ($220k).

The fastest growing import markets in Other Large Iron Pipes for South Korea between 2021 and 2022 were China ($492k), Chinese Taipei ($239k), and Qatar ($220k).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (356) were at the forefront of shipping Other Large Iron Pipes from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Other Large Iron Pipes exports accounted up to $38.8M and imports accounted up to $433k, resulting in a positive trade balance of $38.4M. Between February 2023 and February 2024 the exports of South Korea's Other Large Iron Pipes have decreased by $-26.9M (-41%) from $65.8M to $38.8M, while imports increased by $168k (63.4%) from $265k to $433k.

Destinations In February 2024, Other Large Iron Pipes were exported mostly to United States ($12.8M), Oman ($5.61M), Indonesia ($3.94M), United Arab Emirates ($3.84M), and Iraq ($3.1M), and were imported mostly from Japan ($288k), China ($84k), Germany ($61k), Angola ($0), and Algeria ($0).

Growth In February 2024, the decrease in Other Large Iron Pipes's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-4.51M or -95.4%), India ($-2.16M or -57.5%), and Australia ($-2.03M or -99.4%). In February 2024, the increase in Other Large Iron Pipes's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-26.9M(-41%)

IMPORT GROWTH (February 2023 - February 2024)$168k(63.4%)

MAIN DESTINATION (February 2024)United States$12.8M

This section shows Other Large Iron Pipes's exports and imports data at subnational level for South Korea. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Other Large Iron Pipes over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download