2022
Exports | Imports
$174M | $582MWorld Rnk 22 / 172
Flag Rnk 301 / 1204
World Rnk 6 / 223
Flag Rnk 169 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.71Rnk 4 / 124
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.43Rnk 398 / 1025

About

Exports In 2022, South Korea exported $174M in Glass Fibers, making it the 22nd largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 301st most exported product in South Korea. The main destination of Glass Fibers exports from South Korea are: United States ($27.9M), Japan ($27.7M), China ($24.1M), Vietnam ($10.9M), and Germany ($6.68M).

The fastest growing export markets for Glass Fibers of South Korea between 2021 and 2022 were United States ($9.54M), Italy ($3.07M), and Belgium ($2.36M).

Imports In 2022, South Korea imported $582M in Glass Fibers, becoming the 6th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 169th most imported product in South Korea. South Korea imports Glass Fibers primarily from: China ($283M), Japan ($119M), Malaysia ($58.2M), United States ($27.4M), and Italy ($27.3M).

The fastest growing import markets in Glass Fibers for South Korea between 2021 and 2022 were Italy ($8.98M), Malaysia ($7.7M), and Vietnam ($3.92M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (2.49k), NEXEN TIRE AMERICA INC. (147), and SAMSUNG ELECTRONICS AMERICA (98) were at the forefront of shipping Glass Fibers from South Korea to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$341k(3.12%)
IMPORT GROWTH (February 2023 - February 2024)$-1.47M(-3.93%)
MAIN DESTINATION (February 2024)Japan$1.56M

This section shows Glass Fibers'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 Fibers over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$174M
IMPORTS (2022)$582M
NET TRADE (2022)-$408M

In 2022, South Korea exported $174M in Glass Fibers. The main destinations of South Korea exports on Glass Fibers were United States ($27.9M), Japan ($27.7M), China ($24.1M), Vietnam ($10.9M), and Germany ($6.68M).

In 2022, South Korea imported $582M in Glass Fibers, mainly from China ($283M), Japan ($119M), Malaysia ($58.2M), United States ($27.4M), and Italy ($27.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$9.54M (52.1%)
Italy$3.07M (118%)
Belgium$2.36M (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY South Korea WERE (2021 - 2022):
Japan-$4.7M (-14.5%)
France-$3.67M (-42.4%)
Vietnam-$3.41M (-23.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Glass Fibers by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with