Zinc articles in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $2.06B in Zinc articles, making it the 1st largest exporter of Zinc articles in the world. At the same year, Zinc articles was the 25th most exported product in South Korea. The main destination of Zinc articles exports from South Korea are: United States ($408M), India ($372M), Vietnam ($325M), Chinese Taipei ($190M), and Indonesia ($121M).

The fastest growing export markets for Zinc articles of South Korea between 2021 and 2022 were United States ($383M), India ($63.4M), and Italy ($38.7M).

Imports In 2022, South Korea imported $110M in Zinc articles, becoming the 36th largest importer of Zinc articles in the world. At the same year, Zinc articles was the 88th most imported product in South Korea. South Korea imports Zinc articles primarily from: India ($57.3M), Peru ($11.2M), China ($7.43M), Australia ($6.72M), and Vietnam ($4M).

The fastest growing import markets in Zinc articles for South Korea between 2021 and 2022 were China ($2.84M), Kuwait ($843k), and Japan ($759k).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (534) and SAMSUNG ELECTRONICS AMERICA (294) were at the forefront of shipping Zinc articles from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Zinc articles exports accounted up to $121M and imports accounted up to $7.46M, resulting in a positive trade balance of $114M. Between February 2023 and February 2024 the exports of South Korea's Zinc articles have decreased by $-52.5M (-30.2%) from $174M to $121M, while imports decreased by $-2.36M (-24%) from $9.81M to $7.46M.

Destinations In February 2024, Zinc articles were exported mostly to India ($33M), Vietnam ($20.6M), Chinese Taipei ($9.68M), Indonesia ($8.35M), and Thailand ($7.27M), and were imported mostly from Spain ($2.81M), India ($2.34M), Kazakhstan ($784k), China ($642k), and Peru ($262k).

Growth In February 2024, the decrease in Zinc articles's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-20.9M or -64.4%), Indonesia ($-8.75M or -56.6%), and Australia ($-8.6M or -97.1%). In February 2024, the decrease in Zinc articles's year-by-year imports was explained primarily by a decrease in imports from Germany ($-223k or -74.3%), Poland ($-205k or -100%), and China ($-120k or -17%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-52.5M(-30.2%)

IMPORT GROWTH (February 2023 - February 2024)$-2.36M(-24%)

MAIN DESTINATION (February 2024)India$33M

This section shows Zinc articles'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 Zinc articles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.06B

IMPORTS (2022)$110M

NET TRADE (2022)$1.95B

In 2022, South Korea exported $2.06B in Zinc articles. The main destinations of South Korea exports on Zinc articles were United States ($408M), India ($372M), Vietnam ($325M), Chinese Taipei ($190M), and Indonesia ($121M).

In 2022, South Korea imported $110M in Zinc articles, mainly from India ($57.3M), Peru ($11.2M), China ($7.43M), Australia ($6.72M), and Vietnam ($4M).

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