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Pricing

2022
Exports $11.6MWorld Rnk 9 / 99
Flag Rnk 711 / 1204
2022
Destination $7.44M Vietnam
2021 - 2022
FASTEST GROWING MARKET $7.44MVietnam
2022
PRODUCT COMPLEXITY IN Signaling Glassware1.31Rnk 92 / 1025
2022
Imports $15.6MWorld Rnk 10 / 177
Flag Rnk 872 / 1213
2022
Origin $1.18M China
2021 - 2022
FASTEST GROWING ORIGIN $1.18MJapan
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $11.6M in Signaling Glassware, making it the 9th largest exporter of Signaling Glassware in the world. At the same year, Signaling Glassware was the 711th most exported product in South Korea. The main destination of Signaling Glassware exports from South Korea are: Vietnam ($9.19M), China ($1.63M), United States ($316k), Czechia ($217k), and Chinese Taipei ($173k).

The fastest growing export markets for Signaling Glassware of South Korea between 2021 and 2022 were Vietnam ($7.44M), United States ($217k), and Czechia ($125k).

Imports In 2022, South Korea imported $15.6M in Signaling Glassware, becoming the 10th largest importer of Signaling Glassware in the world. At the same year, Signaling Glassware was the 872nd most imported product in South Korea. South Korea imports Signaling Glassware primarily from: China ($7.89M), Japan ($3.83M), United States ($1.65M), Germany ($1.45M), and Malaysia ($335k).

The fastest growing import markets in Signaling Glassware for South Korea between 2021 and 2022 were Japan ($1.18M), Germany ($625k), and United States ($453k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Signaling Glassware exports accounted up to $407k and imports accounted up to $710k, resulting in a negative trade balance of $303k. Between October 2023 and October 2024 the exports of South Korea's   Signaling Glassware have decreased by $-1.74M (-81%) from $2.14M to $407k, while imports decreased by $-188k (-20.9%) from $898k to $710k.

Destinations In October 2024, Signaling Glassware were exported mostly to China ($304k), Vietnam ($64k), United Kingdom ($35k), India ($3k), and Japan ($1k), and were imported mostly from China ($584k), Germany ($93k), United States ($19k), Japan ($8k), and Netherlands ($4k).

Growth In October 2024, the decrease in Signaling Glassware's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the decrease in Signaling Glassware's year-by-year imports was explained primarily by a decrease in imports from China ($-683k or -44.1%), United States ($-40k or -52.6%), and Malaysia ($-24k or -92.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.74M(-81%)
IMPORT GROWTH (October 2023 - October 2024)$-188k(-20.9%)
MAIN DESTINATION (October 2024)China$304k

This section shows Signaling Glassware'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 Signaling Glassware over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.6M
IMPORTS (2022)$15.6M
NET TRADE (2022)-$3.94M

In 2022, South Korea exported $11.6M in Signaling Glassware. The main destinations of South Korea exports on Signaling Glassware were Vietnam ($9.19M), China ($1.63M), United States ($316k), Czechia ($217k), and Chinese Taipei ($173k).

In 2022, South Korea imported $15.6M in Signaling Glassware, mainly from China ($7.89M), Japan ($3.83M), United States ($1.65M), Germany ($1.45M), and Malaysia ($335k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Signaling Glassware EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$7.44M (425%)
United States$217k (218%)
Czechia$125k (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Signaling Glassware BY South Korea WERE (2021 - 2022):
China-$88.4k (-5.14%)
India-$73.6k (-94.9%)
Sweden-$21.7k (-98.6%)
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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 Signaling Glassware were:
China $128M
United States $91.4M
Japan $88.7M
In 2022, South Korea's main importing competitors in Signaling Glassware were:
Germany $104M
China $76.6M
Japan $69.7M

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Trade Value of Signaling Glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $987k
TOP IMPORT POTENTIALJapan+ $528k

Signaling Glassware’s highest export potential is China. With an export gap of $987k.   Signaling Glassware’s highest import potential is Japan with an import gap of $528k.

See methodology.

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