2023
Exports
$27.2MWorld Rnk 5 / 103
Flag Rnk 551 / 1188
2023
PRODUCT COMPLEXITY IN Graphite
-0.86Rnk 798 / 1025
2023
Imports
$109MWorld Rnk 2 / 165
Flag Rnk 468 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $27.2M in Graphite, making it the 5th largest exporter of Graphite in the world. At the same year, Graphite was the 551st most exported product in South Korea. The main destination of Graphite exports from South Korea are: Poland ($25.3M), United States ($1.21M), China ($341k), Thailand ($294k), and Chinese Taipei ($49.9k).

The fastest growing export markets for Graphite of South Korea between 2022 and 2023 were Poland ($4.88M), United States ($829k), and Thailand ($107k).

Imports In 2023, South Korea imported $109M in Graphite, becoming the 2nd largest importer of Graphite in the world. At the same year, Graphite was the 468th most imported product in South Korea. South Korea imports Graphite primarily from: China ($106M), United States ($970k), Sri Lanka ($605k), Germany ($415k), and Sweden ($340k).

The fastest growing import markets in Graphite for South Korea between 2022 and 2023 were Sweden ($299k), Sri Lanka ($162k), and Brazil ($45.2k).

COMPANIES In 2024, leading companies such as General Motors (46) were at the forefront of shipping Graphite from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$570k(138%)
IMPORT GROWTH (December 2023 - December 2024)$-11.9M(-74.2%)
MAIN DESTINATION (December 2024)United States$878k

This section shows Graphite'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 Graphite over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$27.2M
IMPORTS (2023)$109M
NET TRADE (2023)-$81.3M

In 2023, South Korea exported $27.2M in Graphite. The main destinations of South Korea exports on Graphite were Poland ($25.3M), United States ($1.21M), China ($341k), Thailand ($294k), and Chinese Taipei ($49.9k).

In 2023, South Korea imported $109M in Graphite, mainly from China ($106M), United States ($970k), Sri Lanka ($605k), Germany ($415k), and Sweden ($340k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Graphite EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Poland$4.88M (23.9%)
United States$829k (220%)
Thailand$107k (57.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Graphite BY South Korea WERE (2022 - 2023):
China-$633k (-65%)
Vietnam-$146k (-100%)
Chinese Taipei-$109k (-68.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Graphite were:
In 2023, South Korea's main importing competitors in Graphite were:

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Trade Value of Graphite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $992k
TOP IMPORT POTENTIALGermany+ $389k

Graphite’s highest export potential is China. With an export gap of $992k.   Graphite’s highest import potential is Germany with an import gap of $389k.

See methodology.

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