2022
Exports
$174MWorld Rnk 9 / 195
Flag Rnk 302 / 1204
2022
PRODUCT COMPLEXITY IN Iron Gas Containers
-0.017Rnk 552 / 1025
2022
Imports
$113MWorld Rnk 9 / 217
Flag Rnk 484 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $174M in Iron Gas Containers, making it the 9th largest exporter of Iron Gas Containers in the world. At the same year, Iron Gas Containers was the 302nd most exported product in South Korea. The main destination of Iron Gas Containers exports from South Korea are: Japan ($46.5M), United States ($41.5M), China ($31.4M), Chinese Taipei ($22.5M), and Bangladesh ($6.14M).

The fastest growing export markets for Iron Gas Containers of South Korea between 2021 and 2022 were Bangladesh ($3.69M), Malaysia ($2.67M), and United States ($2.07M).

Imports In 2022, South Korea imported $113M in Iron Gas Containers, becoming the 9th largest importer of Iron Gas Containers in the world. At the same year, Iron Gas Containers was the 484th most imported product in South Korea. South Korea imports Iron Gas Containers primarily from: China ($38.7M), Japan ($27.6M), United States ($12M), Italy ($7.97M), and Chinese Taipei ($6.96M).

The fastest growing import markets in Iron Gas Containers for South Korea between 2021 and 2022 were Italy ($3.08M), India ($1.89M), and Poland ($1.07M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$174M
IMPORTS (2022)$113M
NET TRADE (2022)$61.3M

In 2022, South Korea exported $174M in Iron Gas Containers. The main destinations of South Korea exports on Iron Gas Containers were Japan ($46.5M), United States ($41.5M), China ($31.4M), Chinese Taipei ($22.5M), and Bangladesh ($6.14M).

In 2022, South Korea imported $113M in Iron Gas Containers, mainly from China ($38.7M), Japan ($27.6M), United States ($12M), Italy ($7.97M), and Chinese Taipei ($6.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Gas Containers EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Bangladesh$3.69M (150%)
Malaysia$2.67M (267%)
United States$2.07M (5.26%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Gas Containers BY South Korea WERE (2021 - 2022):
Equatorial Guinea-$14.2M (-100%)
Japan-$7.22M (-13.4%)
Poland-$5.17M (-98.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Iron Gas Containers were:
In 2022, South Korea's main importing competitors in Iron Gas Containers were:

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Trade Value of Iron Gas Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.31M
TOP IMPORT POTENTIALChina+ $2.94M

Iron Gas Containers’s highest export potential is Germany. With an export gap of $1.31M.   Iron Gas Containers’s highest import potential is China with an import gap of $2.94M.

See methodology.

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