2022
Exports
$44.9BWorld Rnk 4 / 226
Flag Rnk 5 / 96
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof
1.72Rnk 19 / 1025
2022
Imports
$13.8BWorld Rnk 17 / 226
Flag Rnk 9 / 96
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $44.9B 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 5th most exported product in South Korea. The main destination of Plastics & articles thereof exports from South Korea are: China ($12.1B), United States ($5.42B), Vietnam ($4B), Japan ($2.27B), and India ($2.09B).

The fastest growing export markets for Plastics & articles thereof of South Korea between 2021 and 2022 were United States ($974M), Japan ($551M), and Chinese Taipei ($292M).

Imports In 2022, South Korea imported $13.8B 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 ($5.11B), Japan ($2.89B), United States ($1.94B), Germany ($616M), and Chinese Taipei ($418M).

The fastest growing import markets in Plastics & articles thereof for South Korea between 2021 and 2022 were China ($380M), United States ($338M), and Sweden ($92M).

COMPANIES In 2023, leading companies such as LG Electronics (304), Samsung (179), and Fuyao Glass (39) were at the forefront of shipping Plastics & articles thereof from South Korea to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$267M(9.03%)
IMPORT GROWTH (April 2023 - April 2024)$152M(15%)
MAIN DESTINATION (April 2024)China$833M

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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$44.9B
IMPORTS (2022)$13.8B
NET TRADE (2022)$31.1B

In 2022, South Korea exported $44.9B in Plastics & articles thereof. The main destinations of South Korea exports on Plastics & articles thereof were China ($12.1B), United States ($5.42B), Vietnam ($4B), Japan ($2.27B), and India ($2.09B).

In 2022, South Korea imported $13.8B in Plastics & articles thereof, mainly from China ($5.11B), Japan ($2.89B), United States ($1.94B), Germany ($616M), and Chinese Taipei ($418M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$974M (21.9%)
Japan$551M (32.1%)
Chinese Taipei$292M (45.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY South Korea WERE (2021 - 2022):
China-$859M (-6.64%)
Hong Kong-$424M (-51.7%)
Poland-$214M (-27.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Plastics & articles thereof were:
In 2022, South Korea's main importing competitors in Plastics & articles thereof were:

Explore Visualizations

Trade Value of Plastics & articles thereof by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with