HS Icon Coated Flat-Rolled Iron in  Flag South Korea

2021
Exports | Imports
: $7.21B | $1.95B, World Rnk 2 / 157
Flag Rnk 16 / 1206 | World Rnk 9 / 219
Flag Rnk 52 / 1211

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $328M | $819M, Mexico |  China

2021
ECONOMIC COMPLEXITY of South Korea
: 1.82, Rnk 4 / 131

2021
PRODUCT COMPLEXITY IN Coated Flat-Rolled Iron
: -0.02, Rnk 558 / 1029

Exports In 2021, South Korea exported $7.21B in Coated Flat-Rolled Iron, making it the 2nd largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 16th most exported product in South Korea. The main destination of Coated Flat-Rolled Iron exports from South Korea are: Mexico ($932M), China ($763M), United States ($702M), Japan ($570M), and India ($393M).

The fastest growing export markets for Coated Flat-Rolled Iron of South Korea between 2020 and 2021 were Mexico ($328M), United States ($282M), and Japan ($137M).

Imports In 2021, South Korea imported $1.95B in Coated Flat-Rolled Iron, becoming the 9th largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 52nd most imported product in South Korea. South Korea imports Coated Flat-Rolled Iron primarily from: China ($1.79B), Japan ($109M), United States ($24.7M), Vietnam ($6.48M), and Sweden ($3.34M).

The fastest growing import markets in Coated Flat-Rolled Iron for South Korea between 2020 and 2021 were China ($819M), Japan ($16.3M), and Vietnam ($5.81M).

March 2023

Subnational Monthly Trade

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EXPORT GROWTH (March 2022 - March 2023): $-76.6M, (-11.1%)

IMPORT GROWTH (March 2022 - March 2023): $-9.73M, (-6.21%)

MAIN DESTINATION (March 2023): Mexico, $84.6M

This section shows Coated Flat-Rolled Iron'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 Coated Flat-Rolled Iron over time.

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Historical Data

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EXPORTS (2021): $7.21B

IMPORTS (2021): $1.95B

NET TRADE (2021): $5.26B

In 2021, South Korea exported $7.21B in Coated Flat-Rolled Iron. The main destinations of South Korea exports on Coated Flat-Rolled Iron were Mexico ($932M), China ($763M), United States ($702M), Japan ($570M), and India ($393M).

In 2021, South Korea imported $1.95B in Coated Flat-Rolled Iron, mainly from China ($1.79B), Japan ($109M), United States ($24.7M), Vietnam ($6.48M), and Sweden ($3.34M).

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Flow

THE FASTEST GROWING Coated Flat-Rolled Iron EXPORT MARKETS FOR South Korea WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated Flat-Rolled Iron BY South Korea WERE (2020 - 2021):

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Market Concentration

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In 2021, South Korea's main exporting competitors in Coated Flat-Rolled Iron were:

In 2021, South Korea's main importing competitors in Coated Flat-Rolled Iron were:

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