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2022
Exports $839MWorld Rnk 4 / 138
Flag Rnk 117 / 1204
2022
Destination $25.7M China
2021 - 2022
FASTEST GROWING MARKET $25.7MMalaysia
2022
PRODUCT COMPLEXITY IN Copper Plating0.35Rnk 421 / 1025
2022
Imports $337MWorld Rnk 13 / 202
Flag Rnk 254 / 1213
2022
Origin $83M China
2021 - 2022
FASTEST GROWING ORIGIN $83MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $839M in Copper Plating, making it the 4th largest exporter of Copper Plating in the world. At the same year, Copper Plating was the 117th most exported product in South Korea. The main destination of Copper Plating exports from South Korea are: China ($227M), Japan ($124M), Chinese Taipei ($91.6M), Malaysia ($82.4M), and Philippines ($56.8M).

The fastest growing export markets for Copper Plating of South Korea between 2021 and 2022 were Malaysia ($25.7M), Philippines ($17.5M), and Japan ($16.1M).

Imports In 2022, South Korea imported $337M in Copper Plating, becoming the 13th largest importer of Copper Plating in the world. At the same year, Copper Plating was the 254th most imported product in South Korea. South Korea imports Copper Plating primarily from: China ($135M), Japan ($57.4M), Thailand ($52.3M), Bulgaria ($35.6M), and Chinese Taipei ($14.4M).

The fastest growing import markets in Copper Plating for South Korea between 2021 and 2022 were China ($83M), Thailand ($14.9M), and Bulgaria ($6.48M).

COMPANIES In 2023, leading companies such as BOEING (1) and General Motors (1) were at the forefront of shipping Copper Plating from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Copper Plating exports accounted up to $69M and imports accounted up to $27M, resulting in a positive trade balance of $42M. Between July 2023 and July 2024 the exports of South Korea's   Copper Plating have increased by $11.5M (20.1%) from $57.5M to $69M, while imports increased by $5.25M (24.2%) from $21.7M to $27M.

Destinations In July 2024, Copper Plating were exported mostly to China ($25.6M), Japan ($7.83M), Chinese Taipei ($5.24M), Malaysia ($5.01M), and Vietnam ($4.42M), and were imported mostly from China ($9.92M), Thailand ($6.87M), Japan ($5.01M), Chinese Taipei ($3.3M), and Germany ($1.09M).

Growth In July 2024, the increase in Copper Plating's year-by-year exports was explained primarily by an increase in exports to Turkey ($373k or 151%), Slovenia ($289k or 112%), and Hungary ($210k or 16.1%). In July 2024, the increase in Copper Plating's year-by-year imports was explained primarily by an increase in imports from China ($2.72M or 40.5%), Chinese Taipei ($424k or 20.7%), and United States ($290k or 110%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$11.5M(20.1%)
IMPORT GROWTH (July 2023 - July 2024)$5.25M(24.2%)
MAIN DESTINATION (July 2024)China$25.6M

This section shows Copper Plating'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 Plating over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$839M
IMPORTS (2022)$337M
NET TRADE (2022)$502M

In 2022, South Korea exported $839M in Copper Plating. The main destinations of South Korea exports on Copper Plating were China ($227M), Japan ($124M), Chinese Taipei ($91.6M), Malaysia ($82.4M), and Philippines ($56.8M).

In 2022, South Korea imported $337M in Copper Plating, mainly from China ($135M), Japan ($57.4M), Thailand ($52.3M), Bulgaria ($35.6M), and Chinese Taipei ($14.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Plating EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$25.7M (45.2%)
Philippines$17.5M (44.5%)
Japan$16.1M (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Plating BY South Korea WERE (2021 - 2022):
Hong Kong-$26.5M (-45.7%)
China-$14.1M (-5.83%)
Vietnam-$10.8M (-20.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Copper Plating were:
Germany $3.15B
Japan $1.48B
China $1.13B
In 2022, South Korea's main importing competitors in Copper Plating were:
China $1.27B
United States $1.14B
Germany $843M

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Trade Value of Copper Plating by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16.5M
TOP IMPORT POTENTIALGermany+ $9.3M

Copper Plating’s highest export potential is China. With an export gap of $16.5M.   Copper Plating’s highest import potential is Germany with an import gap of $9.3M.

See methodology.

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