2022
Exports
$3.18MWorld Rnk 27 / 60
Flag Rnk 878 / 1204
2022
PRODUCT COMPLEXITY IN Nickel Mattes
-1.34Rnk 922 / 1025
2022
Imports
$183MWorld Rnk 9 / 86
Flag Rnk 387 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $3.18M in Nickel Mattes, making it the 27th largest exporter of Nickel Mattes in the world. At the same year, Nickel Mattes was the 878th most exported product in South Korea. The main destination of Nickel Mattes exports from South Korea are: China ($1.55M), Japan ($381k), Mexico ($350k), Chinese Taipei ($348k), and Netherlands ($320k).

The fastest growing export markets for Nickel Mattes of South Korea between 2021 and 2022 were China ($1.33M), Mexico ($350k), and Chinese Taipei ($348k).

Imports In 2022, South Korea imported $183M in Nickel Mattes, becoming the 9th largest importer of Nickel Mattes in the world. At the same year, Nickel Mattes was the 387th most imported product in South Korea. South Korea imports Nickel Mattes primarily from: Indonesia ($91.5M), New Caledonia ($57.4M), Turkey ($30.5M), Japan ($1.56M), and Canada ($1.05M).

The fastest growing import markets in Nickel Mattes for South Korea between 2021 and 2022 were Indonesia ($76.9M), New Caledonia ($57.4M), and Japan ($894k).

COMPANIES In 2023, leading companies such as Ford Motor Company (3) were at the forefront of shipping Nickel Mattes from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-32k(-100%)
IMPORT GROWTH (July 2023 - July 2024)$669k(12.5%)
MAIN DESTINATION (July 2024)China$0

This section shows Nickel Mattes'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 Nickel Mattes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.18M
IMPORTS (2022)$183M
NET TRADE (2022)-$179M

In 2022, South Korea exported $3.18M in Nickel Mattes. The main destinations of South Korea exports on Nickel Mattes were China ($1.55M), Japan ($381k), Mexico ($350k), Chinese Taipei ($348k), and Netherlands ($320k).

In 2022, South Korea imported $183M in Nickel Mattes, mainly from Indonesia ($91.5M), New Caledonia ($57.4M), Turkey ($30.5M), Japan ($1.56M), and Canada ($1.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Mattes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$1.33M (604%)
Mexico$350k (1%)
Chinese Taipei$348k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Mattes BY South Korea WERE (2021 - 2022):
United States-$1.14M (-97.9%)
Netherlands-$277k (-46.3%)
Vietnam-$2.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Nickel Mattes were:
Canada $2.02B
Russia $1.83B
In 2022, South Korea's main importing competitors in Nickel Mattes were:
China $6.97B
Norway $2.48B
Japan $2.45B

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Trade Value of Nickel Mattes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.99M
TOP IMPORT POTENTIALIndonesia+ $10.7M

Nickel Mattes’s highest export potential is China. With an export gap of $1.99M.   Nickel Mattes’s highest import potential is Indonesia with an import gap of $10.7M.

See methodology.

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