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2023
Exports $2.23MWorld Rnk 24 / 91
Flag Rnk 876 / 1188
2023
Destination $170k China
2022 - 2023
FASTEST GROWING MARKET $170kChina
2023
PRODUCT COMPLEXITY IN Alkaline Metals-0.54Rnk 714 / 1025
2023
Imports $29MWorld Rnk 10 / 172
Flag Rnk 737 / 1208
2023
Origin $313k China
2022 - 2023
FASTEST GROWING ORIGIN $313kUnited States
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $2.23M in Alkaline Metals, making it the 24th largest exporter of Alkaline Metals in the world. At the same year, Alkaline Metals was the 876th most exported product in South Korea. The main destination of Alkaline Metals exports from South Korea are: China ($1.15M), Chinese Taipei ($633k), Burma ($187k), Japan ($165k), and United Arab Emirates ($61.1k).

The fastest growing export markets for Alkaline Metals of South Korea between 2022 and 2023 were China ($170k), Germany ($5.2k), and Sweden ($2.36k).

Imports In 2023, South Korea imported $29M in Alkaline Metals, becoming the 10th largest importer of Alkaline Metals in the world. At the same year, Alkaline Metals was the 737th most imported product in South Korea. South Korea imports Alkaline Metals primarily from: China ($27M), United States ($932k), Japan ($765k), South Africa ($160k), and Germany ($59.4k).

The fastest growing import markets in Alkaline Metals for South Korea between 2022 and 2023 were United States ($313k), South Africa ($160k), and India ($28.9k).

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Alkaline Metals exports accounted up to $409k and imports accounted up to $1.81M, resulting in a negative trade balance of $1.4M. Between December 2023 and December 2024 the exports of South Korea's   Alkaline Metals have increased by $378k (1.22k%) from $31k to $409k, while imports increased by $64k (3.66%) from $1.75M to $1.81M.

Destinations In December 2024, Alkaline Metals were exported mostly to China ($266k), Vietnam ($96k), United States ($24k), Indonesia ($10k), and Singapore ($5k), and were imported mostly from China ($1.53M), Japan ($231k), United States ($48k), France ($5k), and Hong Kong ($0).

Growth In December 2024, the increase in Alkaline Metals's year-by-year exports was explained primarily by an increase in exports to China ($66k or 244%) and United States ($1k or 100%). In December 2024, the increase in Alkaline Metals's year-by-year imports was explained primarily by an increase in imports from Japan ($28k or 45.2%) and France ($1k or 50%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$378k(1.22k%)
IMPORT GROWTH (December 2023 - December 2024)$64k(3.66%)
MAIN DESTINATION (December 2024)China$266k

This section shows Alkaline Metals'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 Alkaline Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.23M
IMPORTS (2023)$29M
NET TRADE (2023)-$26.8M

In 2023, South Korea exported $2.23M in Alkaline Metals. The main destinations of South Korea exports on Alkaline Metals were China ($1.15M), Chinese Taipei ($633k), Burma ($187k), Japan ($165k), and United Arab Emirates ($61.1k).

In 2023, South Korea imported $29M in Alkaline Metals, mainly from China ($27M), United States ($932k), Japan ($765k), South Africa ($160k), and Germany ($59.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Alkaline Metals EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
China$170k (17.4%)
Germany$5.2k (453%)
Sweden$2.36k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alkaline Metals BY South Korea WERE (2022 - 2023):
Canada-$3.41M (-100%)
France-$911k (-99.6%)
Chinese Taipei-$431k (-40.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Alkaline Metals were:
China $615M
Australia $150M
Vietnam $119M
In 2023, South Korea's main importing competitors in Alkaline Metals were:
Japan $376M
Malaysia $152M
India $89.7M

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Trade Value of Alkaline Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $395k
TOP IMPORT POTENTIALChina+ $1.9M

Alkaline Metals’s highest export potential is Japan. With an export gap of $395k.   Alkaline Metals’s highest import potential is China with an import gap of $1.9M.

See methodology.

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