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Exports In 2022, South Korea exported $42.1M in Tungsten, making it the 8th largest exporter of Tungsten in the world. At the same year, Tungsten was the 522nd most exported product in South Korea. The main destination of Tungsten exports from South Korea are: United States ($9.33M), Germany ($7.35M), United Kingdom ($4.38M), Vietnam ($3.75M), and China ($3.05M).
The fastest growing export markets for Tungsten of South Korea between 2021 and 2022 were Germany ($4.04M), Singapore ($2.42M), and Hong Kong ($1.43M).
Imports In 2022, South Korea imported $80.9M in Tungsten, becoming the 5th largest importer of Tungsten in the world. At the same year, Tungsten was the 560th most imported product in South Korea. South Korea imports Tungsten primarily from: China ($58.5M), Japan ($16.1M), Chinese Taipei ($1.62M), United States ($1.24M), and Germany ($1.04M).
The fastest growing import markets in Tungsten for South Korea between 2021 and 2022 were China ($1.99M), Japan ($788k), and Chinese Taipei ($601k).
COMPANIES In 2023, leading companies such as LG Electronics (17), Hankook Tires (9), and Sumitomo Rubber (1) were at the forefront of shipping Tungsten from South Korea to the United States.
