Platinum Clad Metals in South Korea 2021 Exports | Imports : $62.3M | $185k, World Rnk 4 / 67 Rnk 444 / 1206 | World Rnk 33 / 100 Rnk 1186 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $12.7M | $805, Philippines | Germany
2021 ECONOMIC COMPLEXITY of South Korea: 1.82, Rnk 4 / 131
Exports In 2021, South Korea exported $62.3M in Platinum Clad Metals, making it the 4th largest exporter of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 444th most exported product in South Korea. The main destination of Platinum Clad Metals exports from South Korea are: Philippines ($62M), Vietnam ($223k), China ($41.9k), Australia ($7.72k), and India ($3.23k).
The fastest growing export markets for Platinum Clad Metals of South Korea between 2020 and 2021 were Philippines ($12.7M), Australia ($7.72k), and India ($3.23k).
Imports In 2021, South Korea imported $185k in Platinum Clad Metals, becoming the 33rd largest importer of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 1186th most imported product in South Korea. South Korea imports Platinum Clad Metals primarily from: Japan ($176k), Singapore ($8.04k), Germany ($805), Italy ($123), and Sweden ($117).
The fastest growing import markets in Platinum Clad Metals for South Korea between 2020 and 2021 were Germany ($805), Singapore ($311), and Sweden ($117).
June 2023
Overview In June 2023 South Korea's Platinum Clad Metals exports accounted up to $0 and imports accounted up to $5k, resulting in a negative trade balance of $5k. Between May 2022 and June 2023 the exports of South Korea's Platinum Clad Metals have decreased by $-32k (-100%) from $32k to $0, while imports decreased by $-133k (-96.4%) from $138k to $5k.
Destinations In June 2023, Platinum Clad Metals were exported mostly to China ($0), Japan ($0), and Vietnam ($0), and were imported mostly from Japan ($5k), China ($0), and Vietnam ($0).
Growth In June 2023, the decrease in Platinum Clad Metals's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-8k or -22.9%). In June 2023, the decrease in Platinum Clad Metals's year-by-year imports was explained primarily by a decrease in imports from Japan ($-2k or -50%).
EXPORT GROWTH (May 2022 - June 2023): $-32k, (-100%)
IMPORT GROWTH (May 2022 - June 2023): $-133k, (-96.4%)
MAIN DESTINATION (June 2023): China, $0
This section shows Platinum Clad Metals'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 Platinum Clad Metals over time.
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EXPORTS (2021): $62.3M
IMPORTS (2021): $185k
NET TRADE (2021): $62.1M
In 2021, South Korea exported $62.3M in Platinum Clad Metals. The main destinations of South Korea exports on Platinum Clad Metals were Philippines ($62M), Vietnam ($223k), China ($41.9k), Australia ($7.72k), and India ($3.23k).
In 2021, South Korea imported $185k in Platinum Clad Metals, mainly from Japan ($176k), Singapore ($8.04k), Germany ($805), Italy ($123), and Sweden ($117).
THE FASTEST GROWING Platinum Clad Metals EXPORT MARKETS FOR South Korea WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum Clad Metals BY South Korea WERE (2020 - 2021):
In 2021, South Korea's main exporting competitors in Platinum Clad Metals were:
In 2021, South Korea's main importing competitors in Platinum Clad Metals were:
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