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

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Exports In 2022, South Korea exported $1.07B in Stone, plaster, cement, asbestos, mica., making it the 17th largest exporter of Stone, plaster, cement, asbestos, mica. in the world. At the same year, Stone, plaster, cement, asbestos, mica. was the 41st most exported product in South Korea. The main destination of Stone, plaster, cement, asbestos, mica. exports from South Korea are: United States ($261M), China ($250M), Chinese Taipei ($81M), Vietnam ($63.2M), and Japan ($54.2M).

The fastest growing export markets for Stone, plaster, cement, asbestos, mica. of South Korea between 2021 and 2022 were Vietnam ($11.6M), Chinese Taipei ($10M), and Belgium ($6.92M).

Imports In 2022, South Korea imported $1.53B in Stone, plaster, cement, asbestos, mica., becoming the 9th largest importer of Stone, plaster, cement, asbestos, mica. in the world. At the same year, Stone, plaster, cement, asbestos, mica. was the 45th most imported product in South Korea. South Korea imports Stone, plaster, cement, asbestos, mica. primarily from: China ($916M), Japan ($165M), United States ($97.5M), Vietnam ($59.3M), and Italy ($34.3M).

The fastest growing import markets in Stone, plaster, cement, asbestos, mica. for South Korea between 2021 and 2022 were Oman ($10.9M), Italy ($9.82M), and Egypt ($5.67M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (62), Robert Bosch (12), and Hyosung (7) were at the forefront of shipping Stone, plaster, cement, asbestos, mica. from South Korea to the United States.

Latest Trends

November 2024

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Overview In November 2024 South Korea's Stone, plaster, cement, asbestos, mica. exports accounted up to $76.4M and imports accounted up to $105M, resulting in a negative trade balance of $28.9M. Between November 2023 and November 2024 the exports of South Korea's Stone, plaster, cement, asbestos, mica. have decreased by $-4.86M (-5.98%) from $81.3M to $76.4M, while imports decreased by $-20.5M (-16.3%) from $126M to $105M.

Destinations In November 2024, Stone, plaster, cement, asbestos, mica. were exported mostly to China ($19.6M), United States ($17.7M), Chinese Taipei ($5.21M), Japan ($4.34M), and India ($4.05M), and were imported mostly from China ($64.9M), Japan ($12.3M), United States ($7.85M), Vietnam ($4.95M), and Germany ($1.64M).

Growth In November 2024, the decrease in Stone, plaster, cement, asbestos, mica.'s year-by-year exports was explained primarily by a decrease in exports to United States ($-5.57M or -22.7%), China ($-2.51M or -12.6%), and Vietnam ($-1.4M or -27.7%). In November 2024, the decrease in Stone, plaster, cement, asbestos, mica.'s year-by-year imports was explained primarily by a decrease in imports from China ($-10.6M or -11.4%), Vietnam ($-2.05M or -34.7%), and Belgium ($-580k or -98.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-4.86M(-5.98%)

IMPORT GROWTH (November 2023 - November 2024)$-20.5M(-16.3%)

MAIN DESTINATION (November 2024)China$19.6M

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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