Ores, slag and ash in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $2.2B in Ores, slag and ash, making it the 27th largest exporter of Ores, slag and ash in the world. At the same year, Ores, slag and ash was the 23rd most exported product in South Korea. The main destination of Ores, slag and ash exports from South Korea are: China ($1.63B), Japan ($169M), Singapore ($148M), Germany ($121M), and Australia ($29.9M).

The fastest growing export markets for Ores, slag and ash of South Korea between 2021 and 2022 were China ($447M), Germany ($43.3M), and France ($11.5M).

Imports In 2022, South Korea imported $20.7B in Ores, slag and ash, becoming the 3rd largest importer of Ores, slag and ash in the world. At the same year, Ores, slag and ash was the 5th most imported product in South Korea. South Korea imports Ores, slag and ash primarily from: Australia ($7.48B), Canada ($1.54B), Indonesia ($1.5B), Chile ($1.49B), and Mexico ($1.41B).

The fastest growing import markets in Ores, slag and ash for South Korea between 2021 and 2022 were Indonesia ($732M), Montenegro ($273M), and Philippines ($199M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (1.76k), LG ELECTRONICS U.S.A. INC. (1.07k), and YOKOHAMA TIRE CORPORATION (1.04k) were at the forefront of shipping Ores, slag and ash from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Ores, slag and ash exports accounted up to $137M and imports accounted up to $1.44B, resulting in a negative trade balance of $1.3B. Between February 2023 and February 2024 the exports of South Korea's Ores, slag and ash have decreased by $-43.2M (-23.9%) from $180M to $137M, while imports decreased by $-15.4M (-1.06%) from $1.45B to $1.44B.

Destinations In February 2024, Ores, slag and ash were exported mostly to China ($131M), Japan ($5.41M), Mexico ($537k), Thailand ($58k), and Indonesia ($32k), and were imported mostly from Australia ($478M), Chile ($191M), Brazil ($121M), South Africa ($110M), and Indonesia ($108M).

Growth In February 2024, the decrease in Ores, slag and ash's year-by-year exports was explained primarily by a decrease in exports to China ($-34.1M or -24.5%), Japan ($-9.11M or -88.3%), and Chinese Taipei ($-146k or -31.5%). In February 2024, the decrease in Ores, slag and ash's year-by-year imports was explained primarily by a decrease in imports from Chile ($-139M or -60.3%), Australia ($-104M or -14.9%), and Peru ($-78.2M or -54%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-43.2M(-23.9%)

IMPORT GROWTH (February 2023 - February 2024)$-15.4M(-1.06%)

MAIN DESTINATION (February 2024)China$131M

This section shows Ores, slag and ash'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 Ores, slag and ash over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.2B

IMPORTS (2022)$20.7B

NET TRADE (2022)-$18.5B

In 2022, South Korea exported $2.2B in Ores, slag and ash. The main destinations of South Korea exports on Ores, slag and ash were China ($1.63B), Japan ($169M), Singapore ($148M), Germany ($121M), and Australia ($29.9M).

In 2022, South Korea imported $20.7B in Ores, slag and ash, mainly from Australia ($7.48B), Canada ($1.54B), Indonesia ($1.5B), Chile ($1.49B), and Mexico ($1.41B).

Explore Visualizations