Stone, plaster, cement, asbestos, mica. in South Korea | The Observatory of Economic Complexity

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Exports In 2023, South Korea exported $996M in Stone, plaster, cement, asbestos, mica., making it the 18th largest exporter of Stone, plaster, cement, asbestos, mica. in the world. At the same year, Stone, plaster, cement, asbestos, mica. was the 35th most exported product in South Korea. The main destination of Stone, plaster, cement, asbestos, mica. exports from South Korea are: United States ($257M), China ($205M), Japan ($64M), India ($51.7M), and Chinese Taipei ($36.2M).

The fastest growing export markets for Stone, plaster, cement, asbestos, mica. of South Korea between 2022 and 2023 were United States ($36.5M), Belgium ($26.4M), and France ($24.6M).

Imports In 2023, South Korea imported $2.99B in Stone, plaster, cement, asbestos, mica., becoming the 3rd largest importer of Stone, plaster, cement, asbestos, mica. in the world. At the same year, Stone, plaster, cement, asbestos, mica. was the 27th most imported product in South Korea. South Korea imports Stone, plaster, cement, asbestos, mica. primarily from: China ($2.52B), Japan ($131M), United States ($99M), Germany ($32.6M), and Italy ($19.8M).

The fastest growing import markets in Stone, plaster, cement, asbestos, mica. for South Korea between 2022 and 2023 were China ($1.63B), United Kingdom ($5.46M), and Uzbekistan ($3.37M).

COMPANIES In 2024, leading companies such as Samsung (28), Hyosung (13), and LG Electronics (12) were at the forefront of shipping Stone, plaster, cement, asbestos, mica. from South Korea to the United States.

Latest Trends

December 2024

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Overview In December 2024 South Korea's Stone, plaster, cement, asbestos, mica. exports accounted up to $78.8M and imports accounted up to $112M, resulting in a negative trade balance of $33.7M. Between December 2023 and December 2024 the exports of South Korea's Stone, plaster, cement, asbestos, mica. have increased by $4.43M (5.96%) from $74.4M to $78.8M, while imports increased by $4.05M (3.74%) from $108M to $112M.

Destinations In December 2024, Stone, plaster, cement, asbestos, mica. were exported mostly to China ($19.8M), United States ($19.4M), Japan ($4.69M), Chinese Taipei ($4.35M), and India ($3.73M), and were imported mostly from China ($69.4M), Japan ($14.4M), United States ($8.04M), Vietnam ($5.67M), and Germany ($1.87M).

Growth In December 2024, the increase in Stone, plaster, cement, asbestos, mica.'s year-by-year exports was explained primarily by an increase in exports to Vietnam ($3.72M or 102%), United States ($2.05M or 10.8%), and Poland ($1.53M or 169%). In December 2024, the increase in Stone, plaster, cement, asbestos, mica.'s year-by-year imports was explained primarily by an increase in imports from Vietnam ($1.23M or 31.9%), Japan ($1.06M or 10.7%), and Malaysia ($691k or 195%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$4.43M(5.96%)

IMPORT GROWTH (December 2023 - December 2024)$4.05M(3.74%)

MAIN DESTINATION (December 2024)China$19.8M

This section shows Stone, plaster, cement, asbestos, mica.'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 Stone, plaster, cement, asbestos, mica. over time.

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