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2022
Destination $57.3M China
2021 - 2022
FASTEST GROWING MARKET $57.3MChina
2022
PRODUCT COMPLEXITY IN Float Glass-0.29Rnk 642 / 1025
2022
ImportsfalseWorld Rnk 4 / 206
Flag Rnk 285 / 1213
2022
Origin $36.4M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $36.4MMalaysia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported N/A in Float Glass, making it the 13th largest exporter of Float Glass in the world. At the same year, Float Glass was the 308th most exported product in South Korea. The main destination of Float Glass exports from South Korea are: China ($134M), Chinese Taipei ($10.3M), Peru ($8.58M), Hong Kong ($7.65M), and Japan ($2.84M).

The fastest growing export markets for Float Glass of South Korea between 2021 and 2022 were China ($57.3M), Peru ($4.41M), and Chinese Taipei ($3.2M).

Imports In 2022, South Korea imported $283M in Float Glass, becoming the 4th largest importer of Float Glass in the world. At the same year, Float Glass was the 285th most imported product in South Korea. South Korea imports Float Glass primarily from: Malaysia ($143M), China ($68.2M), Thailand ($25.9M), Indonesia ($16.7M), and Japan ($11.6M).

The fastest growing import markets in Float Glass for South Korea between 2021 and 2022 were Malaysia ($36.4M), Thailand ($5.81M), and Indonesia ($3.65M).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Float Glass exports accounted up to $11.5M and imports accounted up to $12.2M, resulting in a negative trade balance of $722k. Between September 2023 and September 2024 the exports of South Korea's   Float Glass have increased by $2.6M (29.4%) from $8.86M to $11.5M, while imports decreased by $-3.71M (-23.3%) from $15.9M to $12.2M.

Destinations In September 2024, Float Glass were exported mostly to China ($10M), Chinese Taipei ($1.2M), Canada ($128k), United States ($45k), and Indonesia ($36k), and were imported mostly from Malaysia ($4.62M), China ($4.35M), Thailand ($1.63M), Indonesia ($832k), and Chinese Taipei ($277k).

Growth In September 2024, the increase in Float Glass's year-by-year exports was explained primarily by an increase in exports to China ($1.72M or 17%) and Malaysia ($18k or 10%). In September 2024, the decrease in Float Glass's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-9.15M or -56.3%), China ($-6.49M or -55.3%), and Thailand ($-673k or -23.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$2.6M(29.4%)
IMPORT GROWTH (September 2023 - September 2024)$-3.71M(-23.3%)
MAIN DESTINATION (September 2024)China$10M

This section shows Float Glass'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 Float Glass over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$283M

In N/A, South Korea exported N/A in Float Glass. The main destinations of South Korea exports on Float Glass were China ($134M), Chinese Taipei ($10.3M), Peru ($8.58M), Hong Kong ($7.65M), and Japan ($2.84M).

In 2022, South Korea imported $283M in Float Glass, mainly from Malaysia ($143M), China ($68.2M), Thailand ($25.9M), Indonesia ($16.7M), and Japan ($11.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Float Glass EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$57.3M (74.7%)
Peru$4.41M (106%)
Chinese Taipei$3.2M (45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Float Glass BY South Korea WERE (2021 - 2022):
Hong Kong-$35.5M (-82.3%)
Malaysia-$1.51M (-59%)
Vietnam-$407k (-54.2%)
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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 Float Glass were:
China $1.44B
Germany $779M
United States $566M
In 2022, South Korea's main importing competitors in Float Glass were:
China $429M
Canada $371M
India $309M

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Trade Value of Float Glass by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.49M
TOP IMPORT POTENTIALChina+ $17.9M

Float Glass’s highest export potential is Japan. With an export gap of $1.49M.   Float Glass’s highest import potential is China with an import gap of $17.9M.

See methodology.

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