Overview In January 2023 South Korea's Cold-Rolled Iron exports accounted up to $236M and imports accounted up to $10.2M, resulting in a positive trade balance of $226M. Between January 2022 and January 2023 the exports of South Korea's Cold-Rolled Iron have decreased by $-89.2M (-27.4%) from $325M to $236M, while imports decreased by $-10.4M (-50.6%) from $20.6M to $10.2M.
Destinations In January 2023, Cold-Rolled Iron were exported mostly to Japan ($43.4M), Mexico ($28.3M), India ($26.3M), China ($23.5M), and Thailand ($22.6M), and were imported mostly from China ($9.08M), Japan ($970k), Mexico ($41k), United States ($30k), and India ($29k).
Growth In January 2023, the decrease in Cold-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to Pakistan ($-6.73M or -64.7%), Chinese Taipei ($-3.12M or -84.5%), and Indonesia ($-3.11M or -23.7%). In January 2023, the decrease in Cold-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-410k or -100%), Sweden ($-25k or -56.8%), and Chinese Taipei ($-7k or -36.8%).