2023
Exports
$406MWorld Rnk 1 / 115
Flag Rnk 171 / 1188
2023
PRODUCT COMPLEXITY IN Blown Glass
0.87Rnk 219 / 1025
2023
Imports
$93.7MWorld Rnk 3 / 197
Flag Rnk 490 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $406M in Blown Glass, making it the 1st largest exporter of Blown Glass in the world. At the same year, Blown Glass was the 171st most exported product in South Korea. The main destination of Blown Glass exports from South Korea are: China ($396M), United States ($4.85M), Chinese Taipei ($3.01M), Japan ($1M), and Germany ($615k).

The fastest growing export markets for Blown Glass of South Korea between 2022 and 2023 were China ($395M), United States ($3.47M), and Germany ($160k).

Imports In 2023, South Korea imported $93.7M in Blown Glass, becoming the 3rd largest importer of Blown Glass in the world. At the same year, Blown Glass was the 490th most imported product in South Korea. South Korea imports Blown Glass primarily from: Japan ($86.4M), France ($2.67M), China ($1.75M), Germany ($1.39M), and Hong Kong ($1.15M).

The fastest growing import markets in Blown Glass for South Korea between 2022 and 2023 were Japan ($30.9M), Hong Kong ($1.14M), and United Kingdom ($102k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-6.34M(-19.2%)
IMPORT GROWTH (December 2023 - December 2024)$1.1M(8.22%)
MAIN DESTINATION (December 2024)China$18M

This section shows Blown Glass'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 Blown Glass over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$406M
IMPORTS (2023)$93.7M
NET TRADE (2023)$313M

In 2023, South Korea exported $406M in Blown Glass. The main destinations of South Korea exports on Blown Glass were China ($396M), United States ($4.85M), Chinese Taipei ($3.01M), Japan ($1M), and Germany ($615k).

In 2023, South Korea imported $93.7M in Blown Glass, mainly from Japan ($86.4M), France ($2.67M), China ($1.75M), Germany ($1.39M), and Hong Kong ($1.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Blown Glass EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
China$395M (27.6k%)
United States$3.47M (251%)
Germany$160k (35.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blown Glass BY South Korea WERE (2022 - 2023):
Japan-$3.31M (-76.7%)
Vietnam-$289k (-100%)
Malaysia-$113k (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Blown Glass were:
In 2023, South Korea's main importing competitors in Blown Glass were:

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Trade Value of Blown Glass by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $332k
TOP IMPORT POTENTIALGermany+ $439k

Blown Glass’s highest export potential is China. With an export gap of $332k.   Blown Glass’s highest import potential is Germany with an import gap of $439k.

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