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2022
Exports $180kWorld Rnk 62 / 97
Flag Rnk 1094 / 1204
2022
Destination $21k Vietnam
2021 - 2022
FASTEST GROWING MARKET $21kMalaysia
2022
PRODUCT COMPLEXITY IN Lead Ore-1.37Rnk 925 / 1025
2022
Imports $1.61BWorld Rnk 2 / 84
Flag Rnk 65 / 1213
2022
Origin $12.7M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $12.7MSweden
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $180k in Lead Ore, making it the 62nd largest exporter of Lead Ore in the world. At the same year, Lead Ore was the 1094th most exported product in South Korea. The main destination of Lead Ore exports from South Korea are: Vietnam ($110k), Thailand ($26.2k), Malaysia ($21k), Indonesia ($17.9k), and Netherlands ($5.41k).

The fastest growing export markets for Lead Ore of South Korea between 2021 and 2022 were Malaysia ($21k), Indonesia ($17.9k), and Netherlands ($3.44k).

Imports In 2022, South Korea imported $1.61B in Lead Ore, becoming the 2nd largest importer of Lead Ore in the world. At the same year, Lead Ore was the 65th most imported product in South Korea. South Korea imports Lead Ore primarily from: Mexico ($669M), Peru ($251M), Australia ($230M), United States ($147M), and Bolivia ($103M).

The fastest growing import markets in Lead Ore for South Korea between 2021 and 2022 were Sweden ($12.7M), Russia ($12.4M), and Bolivia ($11.7M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Lead Ore exports accounted up to $0 and imports accounted up to $310M, resulting in a negative trade balance of $310M. Between July 2023 and July 2024 the exports of South Korea's   Lead Ore have remained the same by $0 (N/A%) from $0 to $0, while imports increased by $208M (203%) from $102M to $310M.

Destinations In July 2024, Lead Ore were exported mostly to Turkey ($0), Russia ($0), Serbia ($0), Mexico ($0), and Australia ($0), and were imported mostly from Mexico ($173M), Peru ($61.6M), Bolivia ($42.8M), Australia ($13.9M), and Russia ($10.6M).

Growth In July 2024, the change in Lead Ore's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Lead Ore's year-by-year imports was explained primarily by an increase in imports from Australia ($49.4M or 379%) and Morocco ($5.99M or 379%).

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (July 2023 - July 2024)$208M(203%)
MAIN DESTINATION (July 2024)Turkey$0

This section shows Lead Ore'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 Lead Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$180k
IMPORTS (2022)$1.61B
NET TRADE (2022)-$1.61B

In 2022, South Korea exported $180k in Lead Ore. The main destinations of South Korea exports on Lead Ore were Vietnam ($110k), Thailand ($26.2k), Malaysia ($21k), Indonesia ($17.9k), and Netherlands ($5.41k).

In 2022, South Korea imported $1.61B in Lead Ore, mainly from Mexico ($669M), Peru ($251M), Australia ($230M), United States ($147M), and Bolivia ($103M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lead Ore EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$21k (1%)
Indonesia$17.9k (1%)
Netherlands$3.44k (175%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lead Ore BY South Korea WERE (2021 - 2022):
Thailand-$413k (-94%)
Laos-$287k (-100%)
China-$124k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Lead Ore were:
Mexico $2.03B
Peru $991M
United States $747M
In 2022, South Korea's main importing competitors in Lead Ore were:
China $2.95B
Kazakhstan $351M

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Trade Value of Lead Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $9.98k
TOP IMPORT POTENTIALRussia+ $11.5M

Lead Ore’s highest export potential is Netherlands. With an export gap of $9.98k.   Lead Ore’s highest import potential is Russia with an import gap of $11.5M.

See methodology.

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