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2022
Exports $9.06MWorld Rnk 18 / 94
Flag Rnk 743 / 1204
2022
Destination $1.05M China
2021 - 2022
FASTEST GROWING MARKET $1.05MMalaysia
2022
PRODUCT COMPLEXITY IN Copper Powder0.81Rnk 242 / 1025
2022
Imports $64.8MWorld Rnk 4 / 148
Flag Rnk 617 / 1213
2022
Origin $1.53M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $1.53MLebanon
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $9.06M in Copper Powder, making it the 18th largest exporter of Copper Powder in the world. At the same year, Copper Powder was the 743rd most exported product in South Korea. The main destination of Copper Powder exports from South Korea are: China ($3.64M), Japan ($2.06M), Malaysia ($1.23M), Chinese Taipei ($885k), and Vietnam ($697k).

The fastest growing export markets for Copper Powder of South Korea between 2021 and 2022 were Malaysia ($1.05M), Chinese Taipei ($361k), and Japan ($192k).

Imports In 2022, South Korea imported $64.8M in Copper Powder, becoming the 4th largest importer of Copper Powder in the world. At the same year, Copper Powder was the 617th most imported product in South Korea. South Korea imports Copper Powder primarily from: Malaysia ($30.6M), United States ($9.13M), China ($6.55M), Germany ($4.44M), and Japan ($3.39M).

The fastest growing import markets in Copper Powder for South Korea between 2021 and 2022 were Lebanon ($1.53M), United States ($818k), and Austria ($746k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Copper Powder exports accounted up to $1.66M and imports accounted up to $2.6M, resulting in a negative trade balance of $941k. Between July 2023 and July 2024 the exports of South Korea's   Copper Powder have increased by $661k (66.1%) from $1M to $1.66M, while imports decreased by $-88k (-3.27%) from $2.69M to $2.6M.

Destinations In July 2024, Copper Powder were exported mostly to Japan ($558k), United Kingdom ($370k), China ($290k), India ($149k), and United States ($117k), and were imported mostly from China ($688k), Japan ($490k), United States ($406k), Italy ($352k), and Poland ($299k).

Growth In July 2024, the increase in Copper Powder's year-by-year exports was explained primarily by an increase in exports to China ($278k or 104%) and Japan ($105k or 88.2%). In July 2024, the decrease in Copper Powder's year-by-year imports was explained primarily by a decrease in imports from Italy ($-196k or -25.9%), France ($-192k or -70.6%), and Germany ($-93k or -23.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$661k(66.1%)
IMPORT GROWTH (July 2023 - July 2024)$-88k(-3.27%)
MAIN DESTINATION (July 2024)Japan$558k

This section shows Copper Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.06M
IMPORTS (2022)$64.8M
NET TRADE (2022)-$55.8M

In 2022, South Korea exported $9.06M in Copper Powder. The main destinations of South Korea exports on Copper Powder were China ($3.64M), Japan ($2.06M), Malaysia ($1.23M), Chinese Taipei ($885k), and Vietnam ($697k).

In 2022, South Korea imported $64.8M in Copper Powder, mainly from Malaysia ($30.6M), United States ($9.13M), China ($6.55M), Germany ($4.44M), and Japan ($3.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Powder EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$1.05M (598%)
Chinese Taipei$361k (68.8%)
Japan$192k (10.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Powder BY South Korea WERE (2021 - 2022):
China-$2.87M (-44.1%)
Hong Kong-$518k (-99.6%)
Cambodia-$151k (-100%)
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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 Powder were:
Malaysia $664M
United States $154M
Germany $132M
In 2022, South Korea's main importing competitors in Copper Powder were:
China $641M
Malaysia $250M
Germany $84.3M

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Trade Value of Copper Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.22M
TOP IMPORT POTENTIALJapan+ $1.07M

Copper Powder’s highest export potential is China. With an export gap of $2.22M.   Copper Powder’s highest import potential is Japan with an import gap of $1.07M.

See methodology.

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