Glass Balls in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $5.33M in Glass Balls, making it the 16th largest exporter of Glass Balls in the world. At the same year, Glass Balls was the 822nd most exported product in South Korea. The main destination of Glass Balls exports from South Korea are: China ($2.6M), Japan ($491k), Singapore ($415k), Philippines ($415k), and Chinese Taipei ($318k).

The fastest growing export markets for Glass Balls of South Korea between 2021 and 2022 were China ($1.01M), Poland ($182k), and France ($136k).

Imports In 2022, South Korea imported $117M in Glass Balls, becoming the 4th largest importer of Glass Balls in the world. At the same year, Glass Balls was the 474th most imported product in South Korea. South Korea imports Glass Balls primarily from: Germany ($35.6M), Japan ($29.6M), United States ($20.3M), China ($16.6M), and Malaysia ($4.65M).

The fastest growing import markets in Glass Balls for South Korea between 2021 and 2022 were Germany ($10.4M), United States ($4.35M), and China ($2.5M).

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

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Glass Balls exports accounted up to $292k and imports accounted up to $7.36M, resulting in a negative trade balance of $7.07M. Between February 2023 and February 2024 the exports of South Korea's Glass Balls have increased by $33k (12.7%) from $259k to $292k, while imports decreased by $-435k (-5.58%) from $7.8M to $7.36M.

Destinations In February 2024, Glass Balls were exported mostly to China ($233k), Japan ($47k), Malaysia ($5k), United States ($4k), and Brazil ($2k), and were imported mostly from Japan ($2.15M), Germany ($2.06M), China ($1.11M), United States ($809k), and Malaysia ($431k).

Growth In February 2024, the increase in Glass Balls's year-by-year exports was explained primarily by an increase in exports to Japan ($6k or 14.6%). In February 2024, the decrease in Glass Balls's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.29M or -59.5%), India ($-279k or -75.8%), and China ($-67k or -5.28%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$33k(12.7%)

IMPORT GROWTH (February 2023 - February 2024)$-435k(-5.58%)

MAIN DESTINATION (February 2024)China$233k

This section shows Glass Balls'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 Glass Balls over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

EXPORTS (2022)$5.33M

IMPORTS (2022)$117M

NET TRADE (2022)-$112M

In 2022, South Korea exported $5.33M in Glass Balls. The main destinations of South Korea exports on Glass Balls were China ($2.6M), Japan ($491k), Singapore ($415k), Philippines ($415k), and Chinese Taipei ($318k).

In 2022, South Korea imported $117M in Glass Balls, mainly from Germany ($35.6M), Japan ($29.6M), United States ($20.3M), China ($16.6M), and Malaysia ($4.65M).

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