Paper articles in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $3.09B in Paper articles, making it the 20th largest exporter of Paper articles in the world. At the same year, Paper articles was the 19th most exported product in South Korea. The main destination of Paper articles exports from South Korea are: United States ($601M), China ($390M), Vietnam ($297M), India ($179M), and Australia ($143M).

The fastest growing export markets for Paper articles of South Korea between 2021 and 2022 were United States ($172M), India ($64.2M), and Indonesia ($20M).

Imports In 2022, South Korea imported $2.38B in Paper articles, becoming the 26th 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 ($860M), Japan ($325M), United States ($295M), Indonesia ($217M), and Thailand ($89.5M).

The fastest growing import markets in Paper articles for South Korea between 2021 and 2022 were China ($53.8M), United States ($20.7M), and Indonesia ($10.5M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (33.8k), SAMSUNG ELECTRONICS AMERICA (30.1k), and HYOSUNG USA, INC. (812) were at the forefront of shipping Paper articles from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Paper articles exports accounted up to $231M and imports accounted up to $167M, resulting in a positive trade balance of $64.3M. Between February 2023 and February 2024 the exports of South Korea's Paper articles have decreased by $-16.9M (-6.8%) from $248M to $231M, while imports decreased by $-5.25M (-3.05%) from $172M to $167M.

Destinations In February 2024, Paper articles were exported mostly to United States ($59.2M), China ($27M), Vietnam ($20.1M), India ($15.2M), and Indonesia ($11.8M), and were imported mostly from China ($59M), Japan ($22.3M), United States ($21.7M), Indonesia ($21M), and Thailand ($10.1M).

Growth In February 2024, the decrease in Paper articles's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-5.74M or -21.6%), China ($-5.25M or -17.9%), and Philippines ($-4.16M or -49.7%). In February 2024, the decrease in Paper articles's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-4.72M or -37.4%), Japan ($-2.99M or -11.2%), and China ($-2.63M or -4.04%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-16.9M(-6.8%)

IMPORT GROWTH (February 2023 - February 2024)$-5.25M(-3.05%)

MAIN DESTINATION (February 2024)United States$59.2M

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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