2022
Exports
$449MWorld Rnk 22 / 221
Flag Rnk 54 / 96
2022
PRODUCT COMPLEXITY IN Ceramic products
0.87Rnk 221 / 1025
2022
Imports
$2.06BWorld Rnk 5 / 225
Flag Rnk 38 / 96
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $449M in Ceramic products, making it the 22nd largest exporter of Ceramic products in the world. At the same year, Ceramic products was the 54th most exported product in South Korea. The main destination of Ceramic products exports from South Korea are: China ($133M), United States ($67.8M), Japan ($49.1M), Chinese Taipei ($47.8M), and Indonesia ($15.3M).

The fastest growing export markets for Ceramic products of South Korea between 2021 and 2022 were United States ($29.5M), Ukraine ($4.12M), and Norway ($3.27M).

Imports In 2022, South Korea imported $2.06B in Ceramic products, becoming the 5th largest importer of Ceramic products in the world. At the same year, Ceramic products was the 38th most imported product in South Korea. South Korea imports Ceramic products primarily from: China ($1.24B), Japan ($179M), United States ($173M), Italy ($110M), and Germany ($50.2M).

The fastest growing import markets in Ceramic products for South Korea between 2021 and 2022 were United States ($33.9M), Italy ($23.1M), and Chinese Taipei ($6.62M).

COMPANIES In 2023, leading companies such as Continental Materials (13), Samsung (7), and RHI Magnesita (6) were at the forefront of shipping Ceramic products from South Korea to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.66M(5.39%)
IMPORT GROWTH (October 2023 - October 2024)$1.42M(1.03%)
MAIN DESTINATION (October 2024)China$10.5M

This section shows Ceramic products'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 Ceramic products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$449M
IMPORTS (2022)$2.06B
NET TRADE (2022)-$1.61B

In 2022, South Korea exported $449M in Ceramic products. The main destinations of South Korea exports on Ceramic products were China ($133M), United States ($67.8M), Japan ($49.1M), Chinese Taipei ($47.8M), and Indonesia ($15.3M).

In 2022, South Korea imported $2.06B in Ceramic products, mainly from China ($1.24B), Japan ($179M), United States ($173M), Italy ($110M), and Germany ($50.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ceramic products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$29.5M (77.2%)
Ukraine$4.12M (2.19k%)
Norway$3.27M (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ceramic products BY South Korea WERE (2021 - 2022):
China-$26.6M (-16.7%)
Japan-$3.56M (-6.76%)
Russia-$3.14M (-81.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Ceramic products were:
China $25.7B
Italy $6.39B
Spain $5.52B
In 2022, South Korea's main importing competitors in Ceramic products were:

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Trade Value of Ceramic products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.1M
TOP IMPORT POTENTIALChina+ $53.3M

Ceramic products’s highest export potential is United States. With an export gap of $14.1M.   Ceramic products’s highest import potential is China with an import gap of $53.3M.

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