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Exports In 2022, South Korea exported N/A in Precious metal ores and concentrates except silver, making it the 44th largest exporter of Precious metal ores and concentrates except silver in the world. At the same year, Precious metal ores and concentrates except silver was the 2195th most exported product in South Korea. The main destination of Precious metal ores and concentrates except silver exports from South Korea are: United Arab Emirates ($3.69M), Japan ($524k), Canada ($359k), United Kingdom ($157k), and Netherlands ($5.55k).

The fastest growing export markets for Precious metal ores and concentrates except silver of South Korea between 2021 and 2022 were United Arab Emirates ($3.69M), Japan ($465k), and Canada ($253k).

Imports In 2022, South Korea imported $352M in Precious metal ores and concentrates except silver, becoming the 6th largest importer of Precious metal ores and concentrates except silver in the world. At the same year, Precious metal ores and concentrates except silver was the 249th most imported product in South Korea. South Korea imports Precious metal ores and concentrates except silver primarily from: Australia ($258M), Papua New Guinea ($80.9M), United States ($7.91M), Turkey ($3.68M), and Malaysia ($1.69M).

The fastest growing import markets in Precious metal ores and concentrates except silver for South Korea between 2021 and 2022 were Papua New Guinea ($27.6M), Turkey ($2.51M), and United States ($1.4M).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Precious metal ores and concentrates except silver from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Precious metal ores and concentrates except silver. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$352M

In N/A, South Korea exported N/A in Precious metal ores and concentrates except silver. The main destinations of South Korea exports on Precious metal ores and concentrates except silver were United Arab Emirates ($3.69M), Japan ($524k), Canada ($359k), United Kingdom ($157k), and Netherlands ($5.55k).

In 2022, South Korea imported $352M in Precious metal ores and concentrates except silver, mainly from Australia ($258M), Papua New Guinea ($80.9M), United States ($7.91M), Turkey ($3.68M), and Malaysia ($1.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious metal ores and concentrates except silver EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$465k (794%)
Canada$253k (240%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious metal ores and concentrates except silver BY South Korea WERE (2021 - 2022):
China-$440k (-100%)
Indonesia-$116k (-100%)
Finland-$1 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Precious metal ores and concentrates except silver were:
In 2022, South Korea's main importing competitors in Precious metal ores and concentrates except silver were:

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Trade Value of Precious metal ores and concentrates except silver by Exporters

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