Valves in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $2.09B in Valves, making it the 11th largest exporter of Valves in the world. At the same year, Valves was the 53rd most exported product in South Korea. The main destination of Valves exports from South Korea are: United States ($479M), China ($444M), Japan ($131M), India ($120M), and Mexico ($114M).

The fastest growing export markets for Valves of South Korea between 2021 and 2022 were United States ($97.1M), Mexico ($44.9M), and Chinese Taipei ($27.1M).

Imports In 2022, South Korea imported $2.69B in Valves, becoming the 9th largest importer of Valves in the world. At the same year, Valves was the 31st most imported product in South Korea. South Korea imports Valves primarily from: China ($744M), Japan ($517M), United States ($362M), Germany ($249M), and Vietnam ($105M).

The fastest growing import markets in Valves for South Korea between 2021 and 2022 were China ($67.6M), Germany ($32.4M), and United Kingdom ($26.4M).

Jul 2024

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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 Valves. Countries are shown based on data availability.

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

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EXPORTS (2022)$2.09B

IMPORTS (2022)$2.69B

NET TRADE (2022)-$599M

In 2022, South Korea exported $2.09B in Valves. The main destinations of South Korea exports on Valves were United States ($479M), China ($444M), Japan ($131M), India ($120M), and Mexico ($114M).

In 2022, South Korea imported $2.69B in Valves, mainly from China ($744M), Japan ($517M), United States ($362M), Germany ($249M), and Vietnam ($105M).