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2022
Exports $3.98MWorld Rnk 9 / 62
Flag Rnk 857 / 1204
2022
Destination $389k China
2021 - 2022
FASTEST GROWING MARKET $389kChina
2022
Imports $6.54MWorld Rnk 9 / 119
Flag Rnk 991 / 1213
2022
Origin $289k United States
2021 - 2022
FASTEST GROWING ORIGIN $289kUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $3.98M in Silver Clad Metals, making it the 9th largest exporter of Silver Clad Metals in the world. At the same year, Silver Clad Metals was the 857th most exported product in South Korea. The main destination of Silver Clad Metals exports from South Korea are: China ($1.94M), Indonesia ($767k), Hong Kong ($483k), Chinese Taipei ($357k), and Romania ($310k).

The fastest growing export markets for Silver Clad Metals of South Korea between 2021 and 2022 were China ($389k), Romania ($157k), and Italy ($31.2k).

Imports In 2022, South Korea imported $6.54M in Silver Clad Metals, becoming the 9th largest importer of Silver Clad Metals in the world. At the same year, Silver Clad Metals was the 991st most imported product in South Korea. South Korea imports Silver Clad Metals primarily from: United States ($4.18M), Japan ($1.83M), Germany ($435k), Italy ($44.6k), and Romania ($40.4k).

The fastest growing import markets in Silver Clad Metals for South Korea between 2021 and 2022 were United States ($289k), Romania ($40.4k), and Spain ($1k).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Silver Clad Metals exports accounted up to $193k and imports accounted up to $603k, resulting in a negative trade balance of $410k. Between September 2023 and September 2024 the exports of South Korea's   Silver Clad Metals have decreased by $-15k (-7.21%) from $208k to $193k, while imports increased by $458k (316%) from $145k to $603k.

Destinations In September 2024, Silver Clad Metals were exported mostly to China ($114k), Indonesia ($76k), Hong Kong ($3k), Japan ($0), and United States ($0), and were imported mostly from Japan ($575k), United States ($24k), China ($4k), Hong Kong ($0), and Indonesia ($0).

Growth In September 2024, the decrease in Silver Clad Metals's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-101k or -96.2%), Indonesia ($-74k or -67.3%), and China ($-29k or -34.9%). In September 2024, the increase in Silver Clad Metals's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-15k(-7.21%)
IMPORT GROWTH (September 2023 - September 2024)$458k(316%)
MAIN DESTINATION (September 2024)China$114k

This section shows Silver Clad Metals'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 Silver Clad Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.98M
IMPORTS (2022)$6.54M
NET TRADE (2022)-$2.56M

In 2022, South Korea exported $3.98M in Silver Clad Metals. The main destinations of South Korea exports on Silver Clad Metals were China ($1.94M), Indonesia ($767k), Hong Kong ($483k), Chinese Taipei ($357k), and Romania ($310k).

In 2022, South Korea imported $6.54M in Silver Clad Metals, mainly from United States ($4.18M), Japan ($1.83M), Germany ($435k), Italy ($44.6k), and Romania ($40.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver Clad Metals EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$389k (25.2%)
Romania$157k (102%)
Italy$31.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver Clad Metals BY South Korea WERE (2021 - 2022):
Indonesia-$991k (-56.4%)
Hong Kong-$922k (-65.6%)
Chinese Taipei-$652k (-64.6%)
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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 Silver Clad Metals were:
Germany $51.4M
Japan $30.4M
United States $25.5M
In 2022, South Korea's main importing competitors in Silver Clad Metals were:
China $23.4M
France $11.4M
New Zealand $10.7M

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Trade Value of Silver Clad Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $43.1k
TOP IMPORT POTENTIALGermany+ $148k

Silver Clad Metals’s highest export potential is Vietnam. With an export gap of $43.1k.   Silver Clad Metals’s highest import potential is Germany with an import gap of $148k.

See methodology.

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