2021
Exports | Imports
$42.8B | $13.5BWorld Rnk 4 / 226
Flag Rnk 4 / 96
World Rnk 17 / 226
Flag Rnk 9 / 96
2021
ECONOMIC COMPLEXITY of South Korea
1.82Rnk 4 / 131
2021
PRODUCT COMPLEXITY IN Plastics & articles thereof
1.68Rnk 23 / 1024

About

Exports In 2021, South Korea exported $42.8B in Plastics & articles thereof, making it the 4th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 4th most exported product in South Korea. The main destination of Plastics & articles thereof exports from South Korea are: China ($12.9B), United States ($4.42B), Vietnam ($3.82B), India ($2.08B), and Japan ($1.72B).

The fastest growing export markets for Plastics & articles thereof of South Korea between 2020 and 2021 were China ($2.74B), United States ($1.46B), and Vietnam ($834M).

Imports In 2021, South Korea imported $13.5B in Plastics & articles thereof, becoming the 17th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 9th most imported product in South Korea. South Korea imports Plastics & articles thereof primarily from: China ($4.84B), Japan ($3.33B), United States ($1.6B), Germany ($542M), and Chinese Taipei ($529M).

The fastest growing import markets in Plastics & articles thereof for South Korea between 2020 and 2021 were China ($1.63B), Japan ($398M), and Chinese Taipei ($163M).

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-62.3M(-2.21%)
IMPORT GROWTH (December 2022 - December 2023)$-1.01M(-0.098%)
MAIN DESTINATION (December 2023)China$842M

This section shows Plastics & articles thereof'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 Plastics & articles thereof over time.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$42.8B
IMPORTS (2021)$13.5B
NET TRADE (2021)$29.3B

In 2021, South Korea exported $42.8B in Plastics & articles thereof. The main destinations of South Korea exports on Plastics & articles thereof were China ($12.9B), United States ($4.42B), Vietnam ($3.82B), India ($2.08B), and Japan ($1.72B).

In 2021, South Korea imported $13.5B in Plastics & articles thereof, mainly from China ($4.84B), Japan ($3.33B), United States ($1.6B), Germany ($542M), and Chinese Taipei ($529M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR South Korea WERE (2020 - 2021):
China$2.74B (26.9%)
United States$1.46B (49.4%)
Vietnam$834M (27.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY South Korea WERE (2020 - 2021):
Burma-$11.4M (-24.5%)
Djibouti-$5.92M (-45%)
Uganda-$5.36M (-87.4%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, South Korea's main exporting competitors in Plastics & articles thereof were:
In 2021, South Korea's main importing competitors in Plastics & articles thereof were:

Explore Visualizations

Trade Value of Plastics & articles thereof by Exporters

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