Quartz in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $6.31M in Quartz, making it the 17th largest exporter of Quartz in the world. At the same year, Quartz was the 794th most exported product in South Korea. The main destination of Quartz exports from South Korea are: United States ($2.67M), China ($1.58M), United Kingdom ($555k), Thailand ($527k), and Japan ($493k).

The fastest growing export markets for Quartz of South Korea between 2021 and 2022 were Philippines ($224k), Vietnam ($75k), and Thailand ($29.4k).

Imports In 2022, South Korea imported $15.8M in Quartz, becoming the 18th largest importer of Quartz in the world. At the same year, Quartz was the 870th most imported product in South Korea. South Korea imports Quartz primarily from: India ($7.28M), China ($4.01M), Turkey ($1.61M), Chinese Taipei ($757k), and United States ($590k).

The fastest growing import markets in Quartz for South Korea between 2021 and 2022 were India ($957k), Turkey ($461k), and United States ($422k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Quartz exports accounted up to $215k and imports accounted up to $1.12M, resulting in a negative trade balance of $900k. Between July 2023 and July 2024 the exports of South Korea's Quartz have decreased by $-262k (-54.9%) from $477k to $215k, while imports increased by $19k (1.73%) from $1.1M to $1.12M.

Destinations In July 2024, Quartz were exported mostly to United States ($128k), Malaysia ($44k), China ($38k), Vietnam ($3k), and Japan ($2k), and were imported mostly from India ($483k), China ($326k), Turkey ($132k), Chinese Taipei ($67k), and United States ($40k).

Growth In July 2024, the decrease in Quartz's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-226k or -100%) and United States ($-39k or -12.6%). In July 2024, the increase in Quartz's year-by-year imports was explained primarily by an increase in imports from China ($204k or 135%), India ($153k or 27.7%), and Netherlands ($40k or 667%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-262k(-54.9%)

IMPORT GROWTH (July 2023 - July 2024)$19k(1.73%)

MAIN DESTINATION (July 2024)United States$128k

This section shows Quartz'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 Quartz over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$6.31M

IMPORTS (2022)$15.8M

NET TRADE (2022)-$9.49M

In 2022, South Korea exported $6.31M in Quartz. The main destinations of South Korea exports on Quartz were United States ($2.67M), China ($1.58M), United Kingdom ($555k), Thailand ($527k), and Japan ($493k).

In 2022, South Korea imported $15.8M in Quartz, mainly from India ($7.28M), China ($4.01M), Turkey ($1.61M), Chinese Taipei ($757k), and United States ($590k).

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