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2022
Exports $4.31MWorld Rnk 30 / 106
Flag Rnk 850 / 1204
2022
Destination $2.57M Malaysia
2021 - 2022
FASTEST GROWING MARKET $2.57MMalaysia
2022
PRODUCT COMPLEXITY IN Aluminium Powder0.24Rnk 477 / 1025
2022
Imports $35.6MWorld Rnk 5 / 149
Flag Rnk 741 / 1213
2022
Origin $4.99M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $4.99MLebanon
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $4.31M in Aluminium Powder, making it the 30th largest exporter of Aluminium Powder in the world. At the same year, Aluminium Powder was the 850th most exported product in South Korea. The main destination of Aluminium Powder exports from South Korea are: Malaysia ($2.74M), India ($743k), China ($226k), United States ($204k), and Chinese Taipei ($143k).

The fastest growing export markets for Aluminium Powder of South Korea between 2021 and 2022 were Malaysia ($2.57M), Thailand ($60.1k), and Japan ($17k).

Imports In 2022, South Korea imported $35.6M in Aluminium Powder, becoming the 5th largest importer of Aluminium Powder in the world. At the same year, Aluminium Powder was the 741st most imported product in South Korea. South Korea imports Aluminium Powder primarily from: South Africa ($15.7M), Lebanon ($4.99M), China ($4.03M), Australia ($3.91M), and United States ($2.14M).

The fastest growing import markets in Aluminium Powder for South Korea between 2021 and 2022 were Lebanon ($4.99M), China ($2.73M), and South Africa ($1.46M).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Aluminium Powder exports accounted up to $242k and imports accounted up to $1.17M, resulting in a negative trade balance of $932k. Between September 2023 and September 2024 the exports of South Korea's   Aluminium Powder have increased by $16k (7.08%) from $226k to $242k, while imports increased by $478k (68.7%) from $696k to $1.17M.

Destinations In September 2024, Aluminium Powder were exported mostly to Malaysia ($153k), India ($47k), Chinese Taipei ($26k), Japan ($15k), and China ($1k), and were imported mostly from Australia ($450k), United States ($217k), India ($119k), Austria ($107k), and China ($94k).

Growth In September 2024, the increase in Aluminium Powder's year-by-year exports was explained primarily by an increase in exports to India ($87k or 791%) and China ($5k or 26.3%). In September 2024, the increase in Aluminium Powder's year-by-year imports was explained primarily by an increase in imports from China ($561k or 355%), United States ($21k or 14%), and Japan ($3k or 3.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$16k(7.08%)
IMPORT GROWTH (September 2023 - September 2024)$478k(68.7%)
MAIN DESTINATION (September 2024)Malaysia$153k

This section shows Aluminium Powder'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 Aluminium Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.31M
IMPORTS (2022)$35.6M
NET TRADE (2022)-$31.3M

In 2022, South Korea exported $4.31M in Aluminium Powder. The main destinations of South Korea exports on Aluminium Powder were Malaysia ($2.74M), India ($743k), China ($226k), United States ($204k), and Chinese Taipei ($143k).

In 2022, South Korea imported $35.6M in Aluminium Powder, mainly from South Africa ($15.7M), Lebanon ($4.99M), China ($4.03M), Australia ($3.91M), and United States ($2.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Powder EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$2.57M (1.53k%)
Thailand$60.1k (120k%)
Japan$17k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Powder BY South Korea WERE (2021 - 2022):
United States-$279k (-57.8%)
India-$156k (-17.4%)
Vietnam-$151k (-82.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Aluminium Powder were:
Malaysia $285M
United States $218M
Germany $94.6M
In 2022, South Korea's main importing competitors in Aluminium Powder were:
Malaysia $292M
China $278M
Germany $117M

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Trade Value of Aluminium Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $430k
TOP IMPORT POTENTIALUnited States+ $954k

Aluminium Powder’s highest export potential is China. With an export gap of $430k.   Aluminium Powder’s highest import potential is United States with an import gap of $954k.

See methodology.

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