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Exports In 2023, South Korea exported $2.87B in Insulated Wire, making it the 16th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 36th most exported product in South Korea. The main destination of Insulated Wire exports from South Korea are: United States ($810M), China ($495M), Philippines ($146M), Japan ($143M), and Chinese Taipei ($117M).
The fastest growing export markets for Insulated Wire of South Korea between 2022 and 2023 were United States ($86.6M), Singapore ($40.4M), and India ($30.6M).
Imports In 2023, South Korea imported $2.75B in Insulated Wire, becoming the 14th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 25th most imported product in South Korea. South Korea imports Insulated Wire primarily from: China ($1.98B), Philippines ($173M), United States ($139M), Cambodia ($80.3M), and Germany ($67.7M).
The fastest growing import markets in Insulated Wire for South Korea between 2022 and 2023 were Hong Kong ($35.7M), Netherlands ($26.9M), and Singapore ($12M).
COMPANIES In 2024, leading companies such as LG Electronics (48), Telamon (26), and Samsung (3) were at the forefront of shipping Insulated Wire from South Korea to the United States.
