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2022
Exports $4.37MWorld Rnk 12 / 129
Flag Rnk 849 / 1204
2022
Destination $215k Brazil
2021 - 2022
FASTEST GROWING MARKET $215kBrazil
2022
Imports $9.55MWorld Rnk 6 / 205
Flag Rnk 948 / 1213
2022
Origin $342k China
2021 - 2022
FASTEST GROWING ORIGIN $342kUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $4.37M in Bricks, making it the 12th largest exporter of Bricks in the world. At the same year, Bricks was the 849th most exported product in South Korea. The main destination of Bricks exports from South Korea are: Brazil ($1.6M), Saudi Arabia ($283k), Argentina ($240k), Mexico ($226k), and United Arab Emirates ($205k).

The fastest growing export markets for Bricks of South Korea between 2021 and 2022 were Brazil ($215k), Saudi Arabia ($131k), and Egypt ($97.5k).

Imports In 2022, South Korea imported $9.55M in Bricks, becoming the 6th largest importer of Bricks in the world. At the same year, Bricks was the 948th most imported product in South Korea. South Korea imports Bricks primarily from: China ($8.63M), United States ($368k), Philippines ($152k), Vietnam ($120k), and Italy ($118k).

The fastest growing import markets in Bricks for South Korea between 2021 and 2022 were United States ($342k), Italy ($91.5k), and Philippines ($59.1k).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Bricks exports accounted up to $453k and imports accounted up to $386k, resulting in a positive trade balance of $67k. Between September 2023 and September 2024 the exports of South Korea's   Bricks have increased by $109k (31.7%) from $344k to $453k, while imports increased by $12k (3.21%) from $374k to $386k.

Destinations In September 2024, Bricks were exported mostly to Brazil ($115k), Saudi Arabia ($68k), Morocco ($60k), Iraq ($47k), and United Arab Emirates ($39k), and were imported mostly from China ($283k), France ($65k), United States ($25k), Spain ($8k), and Vietnam ($5k).

Growth In September 2024, the increase in Bricks's year-by-year exports was explained primarily by an increase in exports to Egypt ($29k or 322%), South Africa ($6k or 150%), and United Arab Emirates ($1k or 5.26%). In September 2024, the increase in Bricks's year-by-year imports was explained primarily by an increase in imports from China ($85k or 104%) and United States ($1k or 50%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$109k(31.7%)
IMPORT GROWTH (September 2023 - September 2024)$12k(3.21%)
MAIN DESTINATION (September 2024)Brazil$115k

This section shows Bricks'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 Bricks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.37M
IMPORTS (2022)$9.55M
NET TRADE (2022)-$5.17M

In 2022, South Korea exported $4.37M in Bricks. The main destinations of South Korea exports on Bricks were Brazil ($1.6M), Saudi Arabia ($283k), Argentina ($240k), Mexico ($226k), and United Arab Emirates ($205k).

In 2022, South Korea imported $9.55M in Bricks, mainly from China ($8.63M), United States ($368k), Philippines ($152k), Vietnam ($120k), and Italy ($118k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bricks EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Brazil$215k (15.5%)
Saudi Arabia$131k (86.4%)
Egypt$97.5k (265%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bricks BY South Korea WERE (2021 - 2022):
France-$801k (-100%)
Germany-$188k (-99.8%)
Japan-$110k (-70.8%)
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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 Bricks were:
China $31.4M
Italy $26.8M
Spain $23.5M
In 2022, South Korea's main importing competitors in Bricks were:
Japan $20M
United Kingdom $15.1M
Netherlands $11.6M

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Trade Value of Bricks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39k
TOP IMPORT POTENTIALItaly+ $58.7k

Bricks’s highest export potential is United States. With an export gap of $39k.   Bricks’s highest import potential is Italy with an import gap of $58.7k.

See methodology.

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