2022
Exports
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2022
ECONOMIC COMPLEXITY of South Korea
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Exports In 2022, South Korea exported $15.3M in Iron ore, concentrate, not iron pyrites,unagglomerate, making it the 39th largest exporter of Iron ore, concentrate, not iron pyrites,unagglomerate in the world. At the same year, Iron ore, concentrate, not iron pyrites,unagglomerate was the 1495th most exported product in South Korea. The main destination of Iron ore, concentrate, not iron pyrites,unagglomerate exports from South Korea are: China ($15.3M), Netherlands ($959), Ireland ($8), and Canada ($1).

The fastest growing export markets for Iron ore, concentrate, not iron pyrites,unagglomerate of South Korea between 2021 and 2022 were Netherlands ($409), Ireland ($8), and Canada ($1).

The fastest growing import markets in Iron ore, concentrate, not iron pyrites,unagglomerate for South Korea between 2021 and 2022 were Canada ($56.7M), Malaysia ($20.7M), and Chile ($5.45M).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Iron ore, concentrate, not iron pyrites,unagglomerate from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron ore, concentrate, not iron pyrites,unagglomerate. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.3M

In 2022, South Korea exported $15.3M in Iron ore, concentrate, not iron pyrites,unagglomerate. The main destinations of South Korea exports on Iron ore, concentrate, not iron pyrites,unagglomerate were China ($15.3M), Netherlands ($959), Ireland ($8), and Canada ($1).

In N/A, South Korea imported N/A in Iron ore, concentrate, not iron pyrites,unagglomerate, mainly from Australia ($5.04B), Canada ($601M), Brazil ($432M), South Africa ($97M), and China ($74.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron ore, concentrate, not iron pyrites,unagglomerate EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Netherlands$409 (74.4%)
Ireland$8 (1%)
Canada$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron ore, concentrate, not iron pyrites,unagglomerate BY South Korea WERE (2021 - 2022):
China-$3.12M (-16.9%)
Italy-$3.1k (-100%)
Indonesia-$3.06k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, South Korea's main exporting competitors in Iron ore, concentrate, not iron pyrites,unagglomerate were:
Brazil $26.8B
Canada $4.52B
In 2022, South Korea's main importing competitors in Iron ore, concentrate, not iron pyrites,unagglomerate were:
China $101B
Japan $10.2B

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Trade Value of Iron ore, concentrate, not iron pyrites,unagglomerate by Exporters

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