Optical Fibers and optical fibre bundles in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $3.53B in Optical Fibers and optical fibre bundles, making it the 4th largest exporter of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 31st most exported product in South Korea. The main destination of Optical Fibers and optical fibre bundles exports from South Korea are: China ($2.14B), Vietnam ($432M), Japan ($168M), Hong Kong ($161M), and Mexico ($123M).

The fastest growing export markets for Optical Fibers and optical fibre bundles of South Korea between 2021 and 2022 were Japan ($53.5M), Slovakia ($16.1M), and Belgium ($9.24M).

Imports In 2022, South Korea imported $1.74B in Optical Fibers and optical fibre bundles, becoming the 5th largest importer of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 55th most imported product in South Korea. South Korea imports Optical Fibers and optical fibre bundles primarily from: Japan ($637M), United States ($387M), China ($345M), Chinese Taipei ($124M), and Ireland ($56.3M).

The fastest growing import markets in Optical Fibers and optical fibre bundles for South Korea between 2021 and 2022 were United States ($42.9M), Switzerland ($10.2M), and Netherlands ($9.19M).

COMPANIES In 2023, leading companies such as Fuyao Glass (56), At Home Procurement (7), and Samsung (4) were at the forefront of shipping Optical Fibers and optical fibre bundles from South Korea to the United States.

Latest Trends

October 2024

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Overview In October 2024 South Korea's Optical Fibers and optical fibre bundles exports accounted up to $211M and imports accounted up to $104M, resulting in a positive trade balance of $107M. Between October 2023 and October 2024 the exports of South Korea's Optical Fibers and optical fibre bundles have decreased by $-780k (-0.37%) from $212M to $211M, while imports increased by $3.52M (3.49%) from $101M to $104M.

Destinations In October 2024, Optical Fibers and optical fibre bundles were exported mostly to China ($124M), Vietnam ($22.7M), Hong Kong ($15.8M), Japan ($13.4M), and Mexico ($7M), and were imported mostly from Japan ($29.5M), China ($19.4M), United States ($19M), Chinese Taipei ($13.5M), and Ireland ($6.22M).

Growth In October 2024, the decrease in Optical Fibers and optical fibre bundles's year-by-year exports was explained primarily by a decrease in exports to China ($-109M or -51.3%), Hong Kong ($-29.4M or -81.3%), and Vietnam ($-27.8M or -51.9%). In October 2024, the increase in Optical Fibers and optical fibre bundles's year-by-year imports was explained primarily by an increase in imports from Netherlands ($6.42M or 960%), Germany ($1.53M or 84.5%), and United Kingdom ($745k or 188%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$-780k(-0.37%)

IMPORT GROWTH (October 2023 - October 2024)$3.52M(3.49%)

MAIN DESTINATION (October 2024)China$124M

This section shows Optical Fibers and optical fibre bundles'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 Optical Fibers and optical fibre bundles over time.

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