Paper articles in South Korea 2021 Exports | Imports : $2.85B | $2.53B, World Rnk 21 / 226 Rnk 20 / 96 | World Rnk 20 / 226 Rnk 34 / 96
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $212M | $78.9M, China | China
2021 ECONOMIC COMPLEXITY of South Korea: 1.82, Rnk 4 / 131
2021 PRODUCT COMPLEXITY IN Paper articles: 1.46, Rnk 58 / 1024
Exports In 2021, South Korea exported $2.85B in Paper articles, making it the 21st largest exporter of Paper articles in the world. At the same year, Paper articles was the 20th most exported product in South Korea. The main destination of Paper articles exports from South Korea are: China ($514M), United States ($422M), Vietnam ($305M), Japan ($156M), and Malaysia ($141M).
The fastest growing export markets for Paper articles of South Korea between 2020 and 2021 were China ($212M), Vietnam ($33.6M), and Australia ($26.3M).
Imports In 2021, South Korea imported $2.53B in Paper articles, becoming the 20th largest importer of Paper articles in the world. At the same year, Paper articles was the 34th most imported product in South Korea. South Korea imports Paper articles primarily from: China ($820M), Japan ($354M), United States ($270M), Indonesia ($206M), and Thailand ($193M).
The fastest growing import markets in Paper articles for South Korea between 2020 and 2021 were China ($78.9M), Japan ($48.2M), and India ($37.5M).
June 2023
Overview In June 2023 South Korea's Paper articles exports accounted up to $234M and imports accounted up to $186M, resulting in a positive trade balance of $48.7M. Between June 2022 and June 2023 the exports of South Korea's Paper articles have decreased by $-14M (-5.64%) from $248M to $234M, while imports increased by $335k (0.18%) from $185M to $186M.
Destinations In June 2023, Paper articles were exported mostly to United States ($41.8M), China ($31.5M), Vietnam ($20.1M), India ($17.6M), and Japan ($11.9M), and were imported mostly from China ($67M), Japan ($28.2M), United States ($22M), Indonesia ($17.3M), and Thailand ($9.29M).
Growth In June 2023, the decrease in Paper articles's year-by-year exports was explained primarily by a decrease in exports to Turkey ($-1.25M or -47.7%), Saudi Arabia ($-636k or -35.1%), and Egypt ($-364k or -41.2%). In June 2023, the increase in Paper articles's year-by-year imports was explained primarily by an increase in imports from China ($5.71M or 9.62%), Germany ($1.81M or 50.3%), and Sweden ($1.77M or 114%).
EXPORT GROWTH (June 2022 - June 2023): $-14M, (-5.64%)
IMPORT GROWTH (June 2022 - June 2023): $335k, (0.18%)
MAIN DESTINATION (June 2023): United States, $41.8M
This section shows Paper articles'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 Paper articles over time.
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EXPORTS (2021): $2.85B
IMPORTS (2021): $2.53B
NET TRADE (2021): $316M
In 2021, South Korea exported $2.85B in Paper articles. The main destinations of South Korea exports on Paper articles were China ($514M), United States ($422M), Vietnam ($305M), Japan ($156M), and Malaysia ($141M).
In 2021, South Korea imported $2.53B in Paper articles, mainly from China ($820M), Japan ($354M), United States ($270M), Indonesia ($206M), and Thailand ($193M).
THE FASTEST GROWING Paper articles EXPORT MARKETS FOR South Korea WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paper articles BY South Korea WERE (2020 - 2021):
In 2021, South Korea's main exporting competitors in Paper articles were:
In 2021, South Korea's main importing competitors in Paper articles were:
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