2022
Exports
$2.41MWorld Rnk 60 / 148
Flag Rnk 906 / 1204
2022
PRODUCT COMPLEXITY IN Particle Board
0.11Rnk 516 / 1025
2022
Imports
$209MWorld Rnk 11 / 213
Flag Rnk 345 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.41M in Particle Board, making it the 60th largest exporter of Particle Board in the world. At the same year, Particle Board was the 906th most exported product in South Korea. The main destination of Particle Board exports from South Korea are: India ($2.03M), Japan ($144k), Philippines ($58.3k), China ($33.1k), and Poland ($31.4k).

The fastest growing export markets for Particle Board of South Korea between 2021 and 2022 were India ($2.03M), Philippines ($33.4k), and Poland ($31.4k).

Imports In 2022, South Korea imported $209M in Particle Board, becoming the 11th largest importer of Particle Board in the world. At the same year, Particle Board was the 345th most imported product in South Korea. South Korea imports Particle Board primarily from: Thailand ($171M), Malaysia ($10.7M), Indonesia ($7.29M), Romania ($5.37M), and China ($4.96M).

The fastest growing import markets in Particle Board for South Korea between 2021 and 2022 were Indonesia ($1.6M), Chile ($1.39M), and Italy ($897k).

COMPANIES In 2023, leading companies such as Volkswagen (22), Nissan (3), and Wistron (2) were at the forefront of shipping Particle Board from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-23k(-35.9%)
IMPORT GROWTH (July 2023 - July 2024)$1.95M(15.1%)
MAIN DESTINATION (July 2024)United States$23k

This section shows Particle Board'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 Particle Board over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.41M
IMPORTS (2022)$209M
NET TRADE (2022)-$207M

In 2022, South Korea exported $2.41M in Particle Board. The main destinations of South Korea exports on Particle Board were India ($2.03M), Japan ($144k), Philippines ($58.3k), China ($33.1k), and Poland ($31.4k).

In 2022, South Korea imported $209M in Particle Board, mainly from Thailand ($171M), Malaysia ($10.7M), Indonesia ($7.29M), Romania ($5.37M), and China ($4.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Particle Board EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
India$2.03M (1%)
Philippines$33.4k (135%)
Poland$31.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Particle Board BY South Korea WERE (2021 - 2022):
Japan-$794k (-84.6%)
Iran-$154k (-100%)
Indonesia-$52k (-76.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Particle Board were:
In 2022, South Korea's main importing competitors in Particle Board were:

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Trade Value of Particle Board by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $363k
TOP IMPORT POTENTIALChina+ $4.64M

Particle Board’s highest export potential is Japan. With an export gap of $363k.   Particle Board’s highest import potential is China with an import gap of $4.64M.

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