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2022
Exports $626MWorld Rnk 2 / 117
Flag Rnk 141 / 1204
2022
Destination $109M China
2021 - 2022
FASTEST GROWING MARKET $109MChina
2022
PRODUCT COMPLEXITY IN Cast or Rolled Glass0.83Rnk 233 / 1025
2022
Imports $32.4MWorld Rnk 6 / 194
Flag Rnk 757 / 1213
2022
Origin $3.09M China
2021 - 2022
FASTEST GROWING ORIGIN $3.09MHong Kong
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $626M in Cast or Rolled Glass, making it the 2nd largest exporter of Cast or Rolled Glass in the world. At the same year, Cast or Rolled Glass was the 141st most exported product in South Korea. The main destination of Cast or Rolled Glass exports from South Korea are: China ($346M), Hong Kong ($240M), Chinese Taipei ($35M), Japan ($3.85M), and Peru ($323k).

The fastest growing export markets for Cast or Rolled Glass of South Korea between 2021 and 2022 were China ($109M), Austria ($56k), and Vietnam ($36.6k).

Imports In 2022, South Korea imported $32.4M in Cast or Rolled Glass, becoming the 6th largest importer of Cast or Rolled Glass in the world. At the same year, Cast or Rolled Glass was the 757th most imported product in South Korea. South Korea imports Cast or Rolled Glass primarily from: China ($21.4M), Hong Kong ($4.17M), Thailand ($2.72M), Chinese Taipei ($1.75M), and Germany ($1.02M).

The fastest growing import markets in Cast or Rolled Glass for South Korea between 2021 and 2022 were Hong Kong ($3.09M), Thailand ($435k), and Germany ($193k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Cast or Rolled Glass exports accounted up to $24M and imports accounted up to $605k, resulting in a positive trade balance of $23.4M. Between October 2023 and October 2024 the exports of South Korea's   Cast or Rolled Glass have increased by $318k (1.34%) from $23.7M to $24M, while imports decreased by $-1.01M (-62.5%) from $1.61M to $605k.

Destinations In October 2024, Cast or Rolled Glass were exported mostly to China ($21.9M), Hong Kong ($2.12M), Malaysia ($59k), Chinese Taipei ($2k), and Japan ($0), and were imported mostly from China ($530k), Germany ($36k), United States ($27k), Thailand ($10k), and Japan ($2k).

Growth In October 2024, the increase in Cast or Rolled Glass's year-by-year exports was explained primarily by an increase in exports to China ($22.3M or 130%), Hong Kong ($2.59M or 12.4%), and Malaysia ($80k or 286%). In October 2024, the decrease in Cast or Rolled Glass's year-by-year imports was explained primarily by a decrease in imports from China ($-1.49M or -55.6%), Chinese Taipei ($-719k or -99.4%), and Hong Kong ($-287k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$318k(1.34%)
IMPORT GROWTH (October 2023 - October 2024)$-1.01M(-62.5%)
MAIN DESTINATION (October 2024)China$21.9M

This section shows Cast or Rolled 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 Cast or Rolled Glass over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$626M
IMPORTS (2022)$32.4M
NET TRADE (2022)$594M

In 2022, South Korea exported $626M in Cast or Rolled Glass. The main destinations of South Korea exports on Cast or Rolled Glass were China ($346M), Hong Kong ($240M), Chinese Taipei ($35M), Japan ($3.85M), and Peru ($323k).

In 2022, South Korea imported $32.4M in Cast or Rolled Glass, mainly from China ($21.4M), Hong Kong ($4.17M), Thailand ($2.72M), Chinese Taipei ($1.75M), and Germany ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cast or Rolled Glass EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$109M (45.7%)
Austria$56k (10.4k%)
Vietnam$36.6k (415%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cast or Rolled Glass BY South Korea WERE (2021 - 2022):
Hong Kong-$27.8M (-10.4%)
Chinese Taipei-$9.46M (-21.3%)
Japan-$4.03M (-51.1%)
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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 Cast or Rolled Glass were:
China $906M
Japan $159M
In 2022, South Korea's main importing competitors in Cast or Rolled Glass were:
Hong Kong $1.04B
China $541M
United States $86.1M

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Trade Value of Cast or Rolled Glass by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.37M
TOP IMPORT POTENTIALUnited States+ $630k

Cast or Rolled Glass’s highest export potential is Japan. With an export gap of $1.37M.   Cast or Rolled Glass’s highest import potential is United States with an import gap of $630k.

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