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Exports In 2022, South Korea exported $3.43M in Tungsten ores and concentrates, making it the 13th largest exporter of Tungsten ores and concentrates in the world. At the same year, Tungsten ores and concentrates was the 2373rd most exported product in South Korea. The main destination of Tungsten ores and concentrates exports from South Korea are: Vietnam ($3.42M) and Portugal ($3.33k).

The fastest growing export markets for Tungsten ores and concentrates of South Korea between 2021 and 2022 were Vietnam ($3.34M).

Imports In 2022, South Korea imported $1.43M in Tungsten ores and concentrates, becoming the 14th largest importer of Tungsten ores and concentrates in the world. At the same year, Tungsten ores and concentrates was the 3633rd most imported product in South Korea. South Korea imports Tungsten ores and concentrates primarily from: Chinese Taipei ($785k), Japan ($557k), China ($49k), United States ($33.6k), and Belgium ($2.58k).

The fastest growing import markets in Tungsten ores and concentrates for South Korea between 2021 and 2022 were Chinese Taipei ($785k), Japan ($557k), and United States ($33.5k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Tungsten ores and concentrates from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tungsten ores and concentrates. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.43M
IMPORTS (2022)$1.43M
NET TRADE (2022)$2M

In 2022, South Korea exported $3.43M in Tungsten ores and concentrates. The main destinations of South Korea exports on Tungsten ores and concentrates were Vietnam ($3.42M) and Portugal ($3.33k).

In 2022, South Korea imported $1.43M in Tungsten ores and concentrates, mainly from Chinese Taipei ($785k), Japan ($557k), China ($49k), United States ($33.6k), and Belgium ($2.58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten ores and concentrates EXPORT MARKETS FOR South Korea WERE (2021 - 2022):Vietnam$3.34M (4.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten ores and concentrates BY South Korea WERE (2021 - 2022):
Japan-$873 (-100%)
Portugal-$662 (-16.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Tungsten ores and concentrates were:
In 2022, South Korea's main importing competitors in Tungsten ores and concentrates were:

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Trade Value of Tungsten ores and concentrates by Exporters

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