2022
Exports
$407kWorld Rnk 50 / 94
Flag Rnk 1050 / 1204
2022
PRODUCT COMPLEXITY IN Manganese Ore
-2.6Rnk 1023 / 1025
2022
Imports
$237MWorld Rnk 5 / 117
Flag Rnk 318 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $407k in Manganese Ore, making it the 50th largest exporter of Manganese Ore in the world. At the same year, Manganese Ore was the 1050th most exported product in South Korea. The main destination of Manganese Ore exports from South Korea are: South Africa ($275k), Netherlands ($105k), India ($21.6k), Vietnam ($2.55k), and China ($2.23k).

The fastest growing export markets for Manganese Ore of South Korea between 2021 and 2022 were South Africa ($176k), India ($21.6k), and Vietnam ($2.55k).

Imports In 2022, South Korea imported $237M in Manganese Ore, becoming the 5th largest importer of Manganese Ore in the world. At the same year, Manganese Ore was the 318th most imported product in South Korea. South Korea imports Manganese Ore primarily from: Australia ($118M), South Africa ($106M), Gabon ($8.44M), Japan ($3.96M), and United States ($298k).

The fastest growing import markets in Manganese Ore for South Korea between 2021 and 2022 were Australia ($14.2M), Japan ($3.96M), and United States ($85k).

COMPANIES In 2023, leading companies such as LG Electronics (2) and NOURYON FUNCTIONAL CHEMICALS LLC (1) were at the forefront of shipping Manganese Ore from South Korea to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (September 2023 - September 2024)$3.05M(34.4%)
MAIN DESTINATION (September 2024)South Africa$0

This section shows Manganese 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 Manganese Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$407k
IMPORTS (2022)$237M
NET TRADE (2022)-$236M

In 2022, South Korea exported $407k in Manganese Ore. The main destinations of South Korea exports on Manganese Ore were South Africa ($275k), Netherlands ($105k), India ($21.6k), Vietnam ($2.55k), and China ($2.23k).

In 2022, South Korea imported $237M in Manganese Ore, mainly from Australia ($118M), South Africa ($106M), Gabon ($8.44M), Japan ($3.96M), and United States ($298k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Manganese Ore EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
South Africa$176k (177%)
India$21.6k (1%)
Vietnam$2.55k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Manganese Ore BY South Korea WERE (2021 - 2022):
Spain-$184k (-100%)
Netherlands-$29k (-21.6%)
China-$20.5k (-90.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Manganese Ore were:
In 2022, South Korea's main importing competitors in Manganese Ore were:
China $4.43B
India $1.13B

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Trade Value of Manganese Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $61.2k
TOP IMPORT POTENTIALGabon+ $4.36M

Manganese Ore’s highest export potential is India. With an export gap of $61.2k.   Manganese Ore’s highest import potential is Gabon with an import gap of $4.36M.

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