Overview In June 2022 South Korea's Hot-Rolled Iron exports accounted up to $643M and imports accounted up to $426M, resulting in a positive trade balance of $217M. Between June 2021 and June 2022 the exports of South Korea's Hot-Rolled Iron have increased by $107M (19.9%) from $536M to $643M, while imports increased by $201M (89.7%) from $224M to $426M.
Destinations In June 2022, Hot-Rolled Iron were exported mostly to Japan ($71.6M), India ($69.3M), United States ($65.8M), Vietnam ($55M), and Belgium ($52.9M), and were imported mostly from Japan ($212M), China ($204M), Chinese Taipei ($9.11M), Malaysia ($390k), and India ($128k).
Growth In June 2022, the increase in Hot-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to India ($31.2M or 79.8%), Japan ($22.6M or 43%), and United States ($17.3M or 57.2%). In June 2022, the increase in Hot-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from Belgium ($215k or 124%), France ($58k or 276%), and India ($7k or 700%).