2022
Exports
$3.21MWorld Rnk 52 / 165
Flag Rnk 876 / 1204
2022
PRODUCT COMPLEXITY IN Plaster Articles
-0.24Rnk 628 / 1025
2022
Imports
$10.3MWorld Rnk 56 / 222
Flag Rnk 936 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $3.21M in Plaster Articles, making it the 52nd largest exporter of Plaster Articles in the world. At the same year, Plaster Articles was the 876th most exported product in South Korea. The main destination of Plaster Articles exports from South Korea are: Chinese Taipei ($1.84M), United States ($410k), Vietnam ($249k), Mongolia ($204k), and Philippines ($108k).

The fastest growing export markets for Plaster Articles of South Korea between 2021 and 2022 were Chinese Taipei ($576k), United States ($403k), and Vietnam ($134k).

Imports In 2022, South Korea imported $10.3M in Plaster Articles, becoming the 56th largest importer of Plaster Articles in the world. At the same year, Plaster Articles was the 936th most imported product in South Korea. South Korea imports Plaster Articles primarily from: China ($5.02M), Germany ($2.9M), Italy ($1.03M), United States ($491k), and France ($183k).

The fastest growing import markets in Plaster Articles for South Korea between 2021 and 2022 were China ($1.59M), Japan ($66.1k), and India ($56.4k).

COMPANIES In 2023, leading companies such as Samsung (2) and Direct Link (1) were at the forefront of shipping Plaster Articles from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$12k(150%)
IMPORT GROWTH (July 2023 - July 2024)$1.69M(214%)
MAIN DESTINATION (July 2024)Philippines$17k

This section shows Plaster 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 Plaster Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.21M
IMPORTS (2022)$10.3M
NET TRADE (2022)-$7.11M

In 2022, South Korea exported $3.21M in Plaster Articles. The main destinations of South Korea exports on Plaster Articles were Chinese Taipei ($1.84M), United States ($410k), Vietnam ($249k), Mongolia ($204k), and Philippines ($108k).

In 2022, South Korea imported $10.3M in Plaster Articles, mainly from China ($5.02M), Germany ($2.9M), Italy ($1.03M), United States ($491k), and France ($183k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plaster Articles EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chinese Taipei$576k (45.6%)
United States$403k (5.17k%)
Vietnam$134k (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plaster Articles BY South Korea WERE (2021 - 2022):
Saudi Arabia-$143k (-100%)
Bangladesh-$110k (-98.3%)
Hong Kong-$83.2k (-97.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Plaster Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $265k
TOP IMPORT POTENTIALChina+ $1.07M

Plaster Articles’s highest export potential is United States. With an export gap of $265k.   Plaster Articles’s highest import potential is China with an import gap of $1.07M.

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