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Exports In 2022, South Korea exported $13.8M in Twine, cordage, ropes and cables, of other materials, making it the 7th largest exporter of Twine, cordage, ropes and cables, of other materials in the world. At the same year, Twine, cordage, ropes and cables, of other materials was the 1558th most exported product in South Korea. The main destination of Twine, cordage, ropes and cables, of other materials exports from South Korea are: Vietnam ($5.98M), Mexico ($1.08M), Russia ($1.07M), Indonesia ($1.05M), and Nicaragua ($679k).

The fastest growing export markets for Twine, cordage, ropes and cables, of other materials of South Korea between 2021 and 2022 were Russia ($403k), United Kingdom ($315k), and India ($182k).

Imports In 2022, South Korea imported $10.4M in Twine, cordage, ropes and cables, of other materials, becoming the 10th largest importer of Twine, cordage, ropes and cables, of other materials in the world. At the same year, Twine, cordage, ropes and cables, of other materials was the 2383rd most imported product in South Korea. South Korea imports Twine, cordage, ropes and cables, of other materials primarily from: Vietnam ($5.58M), China ($1.52M), Turkey ($901k), Bangladesh ($689k), and Philippines ($500k).

The fastest growing import markets in Twine, cordage, ropes and cables, of other materials for South Korea between 2021 and 2022 were Bangladesh ($542k), Turkey ($433k), and Vietnam ($78.5k).

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 Twine, cordage, ropes and cables, of other materials from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Twine, cordage, ropes and cables, of other materials. 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)$13.8M
IMPORTS (2022)$10.4M
NET TRADE (2022)$3.39M

In 2022, South Korea exported $13.8M in Twine, cordage, ropes and cables, of other materials. The main destinations of South Korea exports on Twine, cordage, ropes and cables, of other materials were Vietnam ($5.98M), Mexico ($1.08M), Russia ($1.07M), Indonesia ($1.05M), and Nicaragua ($679k).

In 2022, South Korea imported $10.4M in Twine, cordage, ropes and cables, of other materials, mainly from Vietnam ($5.58M), China ($1.52M), Turkey ($901k), Bangladesh ($689k), and Philippines ($500k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Twine, cordage, ropes and cables, of other materials EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Russia$403k (60%)
United Kingdom$315k (350k%)
India$182k (361%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Twine, cordage, ropes and cables, of other materials BY South Korea WERE (2021 - 2022):
Vietnam-$2.64M (-30.6%)
Indonesia-$2.24M (-68.2%)
Nicaragua-$214k (-24%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, South Korea's main exporting competitors in Twine, cordage, ropes and cables, of other materials were:
In 2022, South Korea's main importing competitors in Twine, cordage, ropes and cables, of other materials were:

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Trade Value of Twine, cordage, ropes and cables, of other materials by Exporters

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