2022
Exports
$5.07BWorld Rnk 33 / 220
Flag Rnk 18 / 96
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.58Rnk 328 / 1025
2022
Imports
$5.67BWorld Rnk 23 / 225
Flag Rnk 19 / 96
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.07B in Precious stones, metals, & pearls, making it the 33rd largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 18th most exported product in South Korea. The main destination of Precious stones, metals, & pearls exports from South Korea are: Japan ($1.11B), United States ($782M), Hong Kong ($565M), Singapore ($386M), and United Kingdom ($372M).

The fastest growing export markets for Precious stones, metals, & pearls of South Korea between 2021 and 2022 were Singapore ($330M), Thailand ($137M), and Switzerland ($134M).

Imports In 2022, South Korea imported $5.67B in Precious stones, metals, & pearls, becoming the 23rd largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 19th most imported product in South Korea. South Korea imports Precious stones, metals, & pearls primarily from: Japan ($1.19B), Australia ($747M), United States ($551M), United Kingdom ($424M), and Switzerland ($379M).

The fastest growing import markets in Precious stones, metals, & pearls for South Korea between 2021 and 2022 were Japan ($571M), United Arab Emirates ($129M), and Italy ($70.3M).

COMPANIES In 2023, leading companies such as Samsung (39), Stelfast (34), and LG Electronics (8) were at the forefront of shipping Precious stones, metals, & pearls from South Korea to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$4.11M(0.71%)
IMPORT GROWTH (April 2023 - April 2024)$483M(115%)
MAIN DESTINATION (April 2024)Hong Kong$290M

This section shows Precious stones, metals, & pearls'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 Precious stones, metals, & pearls over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.07B
IMPORTS (2022)$5.67B
NET TRADE (2022)-$596M

In 2022, South Korea exported $5.07B in Precious stones, metals, & pearls. The main destinations of South Korea exports on Precious stones, metals, & pearls were Japan ($1.11B), United States ($782M), Hong Kong ($565M), Singapore ($386M), and United Kingdom ($372M).

In 2022, South Korea imported $5.67B in Precious stones, metals, & pearls, mainly from Japan ($1.19B), Australia ($747M), United States ($551M), United Kingdom ($424M), and Switzerland ($379M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Singapore$330M (590%)
Thailand$137M (125%)
Switzerland$134M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY South Korea WERE (2021 - 2022):
Japan-$724M (-39.6%)
United States-$182M (-18.9%)
United Kingdom-$173M (-31.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Precious stones, metals, & pearls were:
In 2022, South Korea's main importing competitors in Precious stones, metals, & pearls were:

Explore Visualizations

Trade Value of Precious stones, metals, & pearls by Exporters

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