2022
Exports
$112MWorld Rnk 10 / 177
Flag Rnk 567 / 4439
falsefalse United States
2022
Imports
$103MWorld Rnk 16 / 221
Flag Rnk 708 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $112M in Hinges of base metal, making it the 10th largest exporter of Hinges of base metal in the world. At the same year, Hinges of base metal was the 567th most exported product in South Korea. The main destination of Hinges of base metal exports from South Korea are: United States ($34M), Mexico ($17M), Slovakia ($11.6M), Brazil ($8.62M), and Czechia ($5.45M).

The fastest growing export markets for Hinges of base metal of South Korea between 2021 and 2022 were United States ($5.4M), Brazil ($2.41M), and Slovakia ($1.4M).

Imports In 2022, South Korea imported $103M in Hinges of base metal, becoming the 16th largest importer of Hinges of base metal in the world. At the same year, Hinges of base metal was the 708th most imported product in South Korea. South Korea imports Hinges of base metal primarily from: China ($76.1M), Germany ($9.38M), Vietnam ($4.72M), United States ($4.07M), and Italy ($2.14M).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Hinges of base metal from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hinges of base metal. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$112M
IMPORTS (2022)$103M
NET TRADE (2022)$8.45M

In 2022, South Korea exported $112M in Hinges of base metal. The main destinations of South Korea exports on Hinges of base metal were United States ($34M), Mexico ($17M), Slovakia ($11.6M), Brazil ($8.62M), and Czechia ($5.45M).

In 2022, South Korea imported $103M in Hinges of base metal, mainly from China ($76.1M), Germany ($9.38M), Vietnam ($4.72M), United States ($4.07M), and Italy ($2.14M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hinges of base metal EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$5.4M (18.9%)
Brazil$2.41M (38.8%)
Slovakia$1.4M (13.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hinges of base metal BY South Korea WERE (2021 - 2022):
Russia-$4.15M (-78.7%)
Poland-$2M (-35.7%)
China-$1.36M (-23%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Hinges of base metal were:
China $2.59B
Germany $1.01B
In 2022, South Korea's main importing competitors in Hinges of base metal were:

Explore Visualizations

Trade Value of Hinges of base metal by Exporters

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with