HS Icon Cold-Rolled Iron in  Flag South Korea

2020
Exports | Imports
: $2.09B | $131M, World Rnk 1 / 122
Flag Rnk 40 / 1207 | World Rnk 25 / 197
Flag Rnk 401 / 1211

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $122M | $2.5M, China |  Indonesia

2020
ECONOMIC COMPLEXITY of South Korea
: 1.88, Rnk 5 / 127

2020
PRODUCT COMPLEXITY  IN Cold-Rolled Iron
: 0.16, Rnk 501 / 1029

Exports In 2020, South Korea exported $2.09B in Cold-Rolled Iron, making it the 1st largest exporter of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 40th most exported product in South Korea. The main destination of Cold-Rolled Iron exports from South Korea are: China ($631M), Japan ($253M), Thailand ($217M), Mexico ($148M), and Malaysia ($116M).

The fastest growing export markets for Cold-Rolled Iron of South Korea between 2019 and 2020 were China ($122M), Turkey ($23.3M), and Chinese Taipei ($21.8M).

Imports In 2020, South Korea imported $131M in Cold-Rolled Iron, becoming the 25th largest importer of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 401st most imported product in South Korea. South Korea imports Cold-Rolled Iron primarily from: China ($82.7M), Japan ($43.5M), Indonesia ($2.5M), United States ($898k), and Sweden ($356k).

The fastest growing import markets in Cold-Rolled Iron for South Korea between 2019 and 2020 were Indonesia ($2.5M), Mexico ($101k), and Netherlands ($40.1k).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (January 2022 - January 2023): $-89.2M, (-27.4%)

IMPORT GROWTH (January 2022 - January 2023): $-10.4M, (-50.6%)

MAIN DESTINATION (January 2023): Japan, $43.4M

This section shows Cold-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 Cold-Rolled Iron over time.

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Historical Data

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EXPORTS (2020): $2.09B

IMPORTS (2020): $131M

NET TRADE (2020): $1.96B

In 2020, South Korea exported $2.09B in Cold-Rolled Iron. The main destinations of South Korea exports on Cold-Rolled Iron were China ($631M), Japan ($253M), Thailand ($217M), Mexico ($148M), and Malaysia ($116M).

In 2020, South Korea imported $131M in Cold-Rolled Iron, mainly from China ($82.7M), Japan ($43.5M), Indonesia ($2.5M), United States ($898k), and Sweden ($356k).

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Flow

THE FASTEST GROWING Cold-Rolled Iron EXPORT MARKETS FOR South Korea WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cold-Rolled Iron BY South Korea WERE (2019 - 2020):

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Market Concentration

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Flow
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In 2020, South Korea's main exporting competitors in Cold-Rolled Iron were:

In 2020, South Korea's main importing competitors in Cold-Rolled Iron were:

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