2022
Exports | Imports
$1.58B | $6.27BWorld Rnk 14 / 110
Flag Rnk 70 / 1204
World Rnk 3 / 117
Flag Rnk 11 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.71Rnk 4 / 124
2022
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 988 / 1025

About

Exports In 2022, South Korea exported $1.58B in Copper Ore, making it the 14th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 70th most exported product in South Korea. The main destination of Copper Ore exports from South Korea are: China ($1.58B), Hong Kong ($107k), Indonesia ($92.1k), Netherlands ($63.7k), and Thailand ($49.6k).

The fastest growing export markets for Copper Ore of South Korea between 2021 and 2022 were China ($459M), Hong Kong ($107k), and Indonesia ($77.5k).

Imports In 2022, South Korea imported $6.27B in Copper Ore, becoming the 3rd largest importer of Copper Ore in the world. At the same year, Copper Ore was the 11th most imported product in South Korea. South Korea imports Copper Ore primarily from: Indonesia ($1.49B), Australia ($1.04B), Chile ($935M), Canada ($775M), and Peru ($529M).

The fastest growing import markets in Copper Ore for South Korea between 2021 and 2022 were Indonesia ($734M), Montenegro ($278M), and Philippines ($195M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Copper Ore from South Korea to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-129k(-0.13%)
IMPORT GROWTH (January 2023 - January 2024)$8.26M(1.73%)
MAIN DESTINATION (January 2024)China$102M

This section shows Copper Ore'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 Copper Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.58B
IMPORTS (2022)$6.27B
NET TRADE (2022)-$4.68B

In 2022, South Korea exported $1.58B in Copper Ore. The main destinations of South Korea exports on Copper Ore were China ($1.58B), Hong Kong ($107k), Indonesia ($92.1k), Netherlands ($63.7k), and Thailand ($49.6k).

In 2022, South Korea imported $6.27B in Copper Ore, mainly from Indonesia ($1.49B), Australia ($1.04B), Chile ($935M), Canada ($775M), and Peru ($529M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$459M (40.9%)
Hong Kong$107k (1%)
Indonesia$77.5k (529%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY South Korea WERE (2021 - 2022):
Japan-$13.3M (-100%)
Cambodia-$154k (-98.1%)
Thailand-$7.72k (-13.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
In 2022, South Korea's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B

Explore Visualizations

Trade Value of Copper Ore by Exporters

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