Blown Glass in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $7.18M in Blown Glass, making it the 10th largest exporter of Blown Glass in the world. At the same year, Blown Glass was the 776th most exported product in South Korea. The main destination of Blown Glass exports from South Korea are: Chinese Taipei ($3.18M), United States ($1.38M), Japan ($1.31M), China ($483k), and Vietnam ($245k).

The fastest growing export markets for Blown Glass of South Korea between 2021 and 2022 were Chinese Taipei ($2.22M), United States ($1.14M), and Peru ($218k).

Imports In 2022, South Korea imported $89.5M in Blown Glass, becoming the 4th largest importer of Blown Glass in the world. At the same year, Blown Glass was the 534th most imported product in South Korea. South Korea imports Blown Glass primarily from: Japan ($48.9M), France ($17.1M), China ($12.7M), Chinese Taipei ($8.96M), and Germany ($1.66M).

The fastest growing import markets in Blown Glass for South Korea between 2021 and 2022 were China ($8.26M), Chinese Taipei ($2.65M), and Vietnam ($16.1k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Blown Glass from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Blown Glass exports accounted up to $28.2M and imports accounted up to $13.9M, resulting in a positive trade balance of $14.3M. Between February 2023 and February 2024 the exports of South Korea's Blown Glass have increased by $27.9M (9.76k%) from $286k to $28.2M, while imports increased by $9.71M (231%) from $4.2M to $13.9M.

Destinations In February 2024, Blown Glass were exported mostly to China ($18.7M), Hong Kong ($7.39M), Chinese Taipei ($1.79M), United States ($204k), and Vietnam ($65k), and were imported mostly from Japan ($12.8M), Chinese Taipei ($1.08M), Germany ($23k), China ($3k), and Hong Kong ($0).

Growth In February 2024, the increase in Blown Glass's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($1.01M or 444%). In February 2024, the increase in Blown Glass's year-by-year imports was explained primarily by an increase in imports from France ($67k or 21.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$27.9M(9.76k%)

IMPORT GROWTH (February 2023 - February 2024)$9.71M(231%)

MAIN DESTINATION (February 2024)China$18.7M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.18M

IMPORTS (2022)$89.5M

NET TRADE (2022)-$82.3M

In 2022, South Korea exported $7.18M in Blown Glass. The main destinations of South Korea exports on Blown Glass were Chinese Taipei ($3.18M), United States ($1.38M), Japan ($1.31M), China ($483k), and Vietnam ($245k).

In 2022, South Korea imported $89.5M in Blown Glass, mainly from Japan ($48.9M), France ($17.1M), China ($12.7M), Chinese Taipei ($8.96M), and Germany ($1.66M).

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