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2022
Exports $803MWorld Rnk 1 / 129
Flag Rnk 120 / 1204
2022
Destination $132M United States
2021 - 2022
FASTEST GROWING MARKET $132MUnited States
2022
PRODUCT COMPLEXITY IN Raw Lead-1.42Rnk 936 / 1025
2022
Imports $371MWorld Rnk 7 / 155
Flag Rnk 235 / 1213
2022
Origin $8.26M India
2021 - 2022
FASTEST GROWING ORIGIN $8.26MPhilippines
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $803M in Raw Lead, making it the 1st largest exporter of Raw Lead in the world. At the same year, Raw Lead was the 120th most exported product in South Korea. The main destination of Raw Lead exports from South Korea are: United States ($293M), Vietnam ($271M), India ($119M), Indonesia ($44.4M), and Thailand ($23.3M).

The fastest growing export markets for Raw Lead of South Korea between 2021 and 2022 were United States ($132M), Vietnam ($34.2M), and Malaysia ($6.07M).

Imports In 2022, South Korea imported $371M in Raw Lead, becoming the 7th largest importer of Raw Lead in the world. At the same year, Raw Lead was the 235th most imported product in South Korea. South Korea imports Raw Lead primarily from: India ($252M), Japan ($21.4M), Philippines ($17.2M), United Arab Emirates ($16.5M), and Saudi Arabia ($14.4M).

The fastest growing import markets in Raw Lead for South Korea between 2021 and 2022 were Philippines ($8.26M), United Arab Emirates ($7.05M), and Japan ($3.75M).

Latest Trends

August 2024

About

Overview In August 2024 South Korea's Raw Lead exports accounted up to $71M and imports accounted up to $32.5M, resulting in a positive trade balance of $38.5M. Between August 2023 and August 2024 the exports of South Korea's   Raw Lead have decreased by $-13.3M (-15.7%) from $84.2M to $71M, while imports increased by $2.88M (9.73%) from $29.6M to $32.5M.

Destinations In August 2024, Raw Lead were exported mostly to India ($21.9M), Vietnam ($19.3M), United States ($16M), Indonesia ($4.93M), and China ($2.51M), and were imported mostly from India ($20.3M), Australia ($5.67M), Japan ($2.34M), Iran ($814k), and Libya ($720k).

Growth In August 2024, the decrease in Raw Lead's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-11.3M or -55.3%), Thailand ($-3.57M or -75.9%), and Indonesia ($-1.98M or -47.3%). In August 2024, the increase in Raw Lead's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates ($1.8M or 238%) and Republic of the Congo ($158k or 66.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-13.3M(-15.7%)
IMPORT GROWTH (August 2023 - August 2024)$2.88M(9.73%)
MAIN DESTINATION (August 2024)India$21.9M

This section shows Raw Lead'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 Raw Lead over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$803M
IMPORTS (2022)$371M
NET TRADE (2022)$431M

In 2022, South Korea exported $803M in Raw Lead. The main destinations of South Korea exports on Raw Lead were United States ($293M), Vietnam ($271M), India ($119M), Indonesia ($44.4M), and Thailand ($23.3M).

In 2022, South Korea imported $371M in Raw Lead, mainly from India ($252M), Japan ($21.4M), Philippines ($17.2M), United Arab Emirates ($16.5M), and Saudi Arabia ($14.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Lead EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$132M (81.5%)
Vietnam$34.2M (14.4%)
Malaysia$6.07M (50.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Lead BY South Korea WERE (2021 - 2022):
India-$31.4M (-20.9%)
Indonesia-$22.6M (-33.8%)
Thailand-$13.9M (-37.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Raw Lead were:
Australia $712M
India $483M
In 2022, South Korea's main importing competitors in Raw Lead were:
United States $1.32B
India $570M
Vietnam $563M

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Trade Value of Raw Lead by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.49M
TOP IMPORT POTENTIALNigeria+ $5.69M

Raw Lead’s highest export potential is Japan. With an export gap of $2.49M.   Raw Lead’s highest import potential is Nigeria with an import gap of $5.69M.

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