2022
Exports
$209kWorld Rnk 34 / 71
Flag Rnk 3638 / 4439
falsefalse China
2022
Imports
$339MWorld Rnk 3 / 67
Flag Rnk 257 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $209k in Nickel ores and concentrates, making it the 34th largest exporter of Nickel ores and concentrates in the world. At the same year, Nickel ores and concentrates was the 3638th most exported product in South Korea. The main destination of Nickel ores and concentrates exports from South Korea are: China ($143k), Japan ($63.6k), Belgium ($2.6k), Netherlands ($595), and Austria ($49).

Imports In 2022, South Korea imported $339M in Nickel ores and concentrates, becoming the 3rd largest importer of Nickel ores and concentrates in the world. At the same year, Nickel ores and concentrates was the 257th most imported product in South Korea. South Korea imports Nickel ores and concentrates primarily from: New Caledonia ($318M), Philippines ($13.3M), Guatemala ($4.44M), Cote d'Ivoire ($2.9M), and Belgium ($200k).

The fastest growing import markets in Nickel ores and concentrates for South Korea between 2021 and 2022 were New Caledonia ($12.9M), Guatemala ($4.44M), and Philippines ($3.72M).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Nickel ores and concentrates from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Nickel ores and concentrates. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$209k
IMPORTS (2022)$339M
NET TRADE (2022)-$338M

In 2022, South Korea exported $209k in Nickel ores and concentrates. The main destinations of South Korea exports on Nickel ores and concentrates were China ($143k), Japan ($63.6k), Belgium ($2.6k), Netherlands ($595), and Austria ($49).

In 2022, South Korea imported $339M in Nickel ores and concentrates, mainly from New Caledonia ($318M), Philippines ($13.3M), Guatemala ($4.44M), Cote d'Ivoire ($2.9M), and Belgium ($200k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Nickel ores and concentrates were:
In 2022, South Korea's main importing competitors in Nickel ores and concentrates were:
China $2.96B

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Trade Value of Nickel ores and concentrates by Exporters

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