2022
Exports
$8.88MWorld Rnk 21 / 159
Flag Rnk 746 / 1204
2022
PRODUCT COMPLEXITY IN Glass Beads
0.61Rnk 316 / 1025
2022
Imports
$46.9MWorld Rnk 6 / 208
Flag Rnk 682 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $8.88M in Glass Beads, making it the 21st largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 746th most exported product in South Korea. The main destination of Glass Beads exports from South Korea are: Hong Kong ($2.54M), United States ($1.21M), Japan ($993k), Sri Lanka ($817k), and Chinese Taipei ($613k).

The fastest growing export markets for Glass Beads of South Korea between 2021 and 2022 were Hong Kong ($2.54M), Sri Lanka ($260k), and Philippines ($169k).

Imports In 2022, South Korea imported $46.9M in Glass Beads, becoming the 6th largest importer of Glass Beads in the world. At the same year, Glass Beads was the 682nd most imported product in South Korea. South Korea imports Glass Beads primarily from: China ($33.1M), Austria ($4.84M), Australia ($1.81M), Czechia ($1.02M), and Japan ($996k).

The fastest growing import markets in Glass Beads for South Korea between 2021 and 2022 were Austria ($1.14M), Burma ($444k), and France ($187k).

COMPANIES In 2023, leading companies such as JO-ANN STORES, LLC (1) were at the forefront of shipping Glass Beads from South Korea to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-242k(-55%)
IMPORT GROWTH (March 2023 - March 2024)$557k(13.6%)
MAIN DESTINATION (March 2024)Japan$72k

This section shows Glass Beads'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 Beads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.88M
IMPORTS (2022)$46.9M
NET TRADE (2022)-$38M

In 2022, South Korea exported $8.88M in Glass Beads. The main destinations of South Korea exports on Glass Beads were Hong Kong ($2.54M), United States ($1.21M), Japan ($993k), Sri Lanka ($817k), and Chinese Taipei ($613k).

In 2022, South Korea imported $46.9M in Glass Beads, mainly from China ($33.1M), Austria ($4.84M), Australia ($1.81M), Czechia ($1.02M), and Japan ($996k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Beads EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hong Kong$2.54M (306k%)
Sri Lanka$260k (46.7%)
Philippines$169k (1.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Beads BY South Korea WERE (2021 - 2022):
United States-$529k (-30.5%)
Italy-$110k (-46.3%)
Australia-$105k (-20.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Glass Beads were:
In 2022, South Korea's main importing competitors in Glass Beads were:

Explore Visualizations

Trade Value of Glass Beads by Exporters

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