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2023
Exports $10.9MWorld Rnk 26 / 146
Flag Rnk 682 / 1188
2023
Destination $1.46M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $1.46MHong Kong
2023
PRODUCT COMPLEXITY IN Corrugated Paper0.098Rnk 520 / 1025
2023
Imports $11.9MWorld Rnk 31 / 208
Flag Rnk 876 / 1208
2023
Origin $1.35M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.35MUnited States
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $10.9M in Corrugated Paper, making it the 26th largest exporter of Corrugated Paper in the world. At the same year, Corrugated Paper was the 682nd most exported product in South Korea. The main destination of Corrugated Paper exports from South Korea are: Hong Kong ($3.12M), China ($2.47M), India ($1.48M), United States ($1.24M), and Chinese Taipei ($614k).

The fastest growing export markets for Corrugated Paper of South Korea between 2022 and 2023 were Hong Kong ($1.46M), India ($1.13M), and Chinese Taipei ($435k).

Imports In 2023, South Korea imported $11.9M in Corrugated Paper, becoming the 31st largest importer of Corrugated Paper in the world. At the same year, Corrugated Paper was the 876th most imported product in South Korea. South Korea imports Corrugated Paper primarily from: United States ($3.63M), Switzerland ($2.74M), Japan ($1.97M), China ($1.28M), and Sweden ($769k).

The fastest growing import markets in Corrugated Paper for South Korea between 2022 and 2023 were United States ($1.35M), Switzerland ($468k), and Italy ($394k).

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Corrugated Paper exports accounted up to $1.47M and imports accounted up to $1.44M, resulting in a positive trade balance of $21k. Between December 2023 and December 2024 the exports of South Korea's   Corrugated Paper have increased by $360k (32.6%) from $1.11M to $1.47M, while imports increased by $735k (104%) from $709k to $1.44M.

Destinations In December 2024, Corrugated Paper were exported mostly to Vietnam ($542k), United States ($261k), China ($167k), India ($131k), and Russia ($114k), and were imported mostly from United States ($648k), Japan ($381k), China ($122k), Chinese Taipei ($111k), and Sweden ($107k).

Growth In December 2024, the increase in Corrugated Paper's year-by-year exports was explained primarily by an increase in exports to Vietnam ($144k or 34.9%), China ($77k or 151%), and Australia ($30k or 3k%). In December 2024, the increase in Corrugated Paper's year-by-year imports was explained primarily by an increase in imports from United States ($582k or 29.1k%), Chinese Taipei ($58k or 61.7%), and China ($11k or 7.38%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$360k(32.6%)
IMPORT GROWTH (December 2023 - December 2024)$735k(104%)
MAIN DESTINATION (December 2024)Vietnam$542k

This section shows Corrugated Paper'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 Corrugated Paper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$10.9M
IMPORTS (2023)$11.9M
NET TRADE (2023)-$943k

In 2023, South Korea exported $10.9M in Corrugated Paper. The main destinations of South Korea exports on Corrugated Paper were Hong Kong ($3.12M), China ($2.47M), India ($1.48M), United States ($1.24M), and Chinese Taipei ($614k).

In 2023, South Korea imported $11.9M in Corrugated Paper, mainly from United States ($3.63M), Switzerland ($2.74M), Japan ($1.97M), China ($1.28M), and Sweden ($769k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corrugated Paper EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Hong Kong$1.46M (88.5%)
India$1.13M (318%)
Chinese Taipei$435k (243%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corrugated Paper BY South Korea WERE (2022 - 2023):
Vietnam-$4.59M (-100%)
United States-$1.22M (-49.7%)
Singapore-$740k (-54.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Corrugated Paper were:
United States $520M
Germany $436M
France $158M
In 2023, South Korea's main importing competitors in Corrugated Paper were:
Mexico $274M
Canada $240M
Netherlands $148M

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Trade Value of Corrugated Paper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $766k
TOP IMPORT POTENTIALChina+ $932k

Corrugated Paper’s highest export potential is China. With an export gap of $766k.   Corrugated Paper’s highest import potential is China with an import gap of $932k.

See methodology.

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