2022
Exports
$3MWorld Rnk 13 / 78
Flag Rnk 884 / 1204
2022
Imports
$1.09MWorld Rnk 36 / 163
Flag Rnk 1130 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $3M in Zinc Bars, making it the 13th largest exporter of Zinc Bars in the world. At the same year, Zinc Bars was the 884th most exported product in South Korea. The main destination of Zinc Bars exports from South Korea are: Thailand ($1.3M), Japan ($749k), China ($671k), Indonesia ($76.1k), and Chinese Taipei ($61.9k).

The fastest growing export markets for Zinc Bars of South Korea between 2021 and 2022 were China ($528k), Vietnam ($27.3k), and Thailand ($26.4k).

Imports In 2022, South Korea imported $1.09M in Zinc Bars, becoming the 36th largest importer of Zinc Bars in the world. At the same year, Zinc Bars was the 1130th most imported product in South Korea. South Korea imports Zinc Bars primarily from: India ($970k), United Kingdom ($36.2k), China ($33.2k), United States ($21.5k), and Japan ($19.7k).

The fastest growing import markets in Zinc Bars for South Korea between 2021 and 2022 were India ($623k), United Kingdom ($25.8k), and Japan ($17k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-36k(-26.5%)
IMPORT GROWTH (July 2023 - July 2024)$13k(9.29%)
MAIN DESTINATION (July 2024)Japan$60k

This section shows Zinc Bars'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 Zinc Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3M
IMPORTS (2022)$1.09M
NET TRADE (2022)$1.92M

In 2022, South Korea exported $3M in Zinc Bars. The main destinations of South Korea exports on Zinc Bars were Thailand ($1.3M), Japan ($749k), China ($671k), Indonesia ($76.1k), and Chinese Taipei ($61.9k).

In 2022, South Korea imported $1.09M in Zinc Bars, mainly from India ($970k), United Kingdom ($36.2k), China ($33.2k), United States ($21.5k), and Japan ($19.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Zinc Bars EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$528k (369%)
Vietnam$27.3k (79.4%)
Thailand$26.4k (2.08%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Zinc Bars BY South Korea WERE (2021 - 2022):
India-$246k (-97.7%)
Mexico-$63.9k (-97.9%)
United States-$63.6k (-98.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Zinc Bars were:
Germany $44.9M
Belgium $34.8M
Finland $34.1M
In 2022, South Korea's main importing competitors in Zinc Bars were:

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Trade Value of Zinc Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $49.5k
TOP IMPORT POTENTIALChina+ $45.4k

Zinc Bars’s highest export potential is India. With an export gap of $49.5k.   Zinc Bars’s highest import potential is China with an import gap of $45.4k.

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