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2022
Exports $193MWorld Rnk 5 / 114
Flag Rnk 285 / 1204
2022
Destination $19.7M China
2021 - 2022
FASTEST GROWING MARKET $19.7MChina
2022
PRODUCT COMPLEXITY IN Artificial Graphite0.88Rnk 217 / 1025
2022
Imports $326MWorld Rnk 4 / 177
Flag Rnk 256 / 1213
2022
Origin $36.3M China
2021 - 2022
FASTEST GROWING ORIGIN $36.3MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $193M in Artificial Graphite, making it the 5th largest exporter of Artificial Graphite in the world. At the same year, Artificial Graphite was the 285th most exported product in South Korea. The main destination of Artificial Graphite exports from South Korea are: China ($111M), Poland ($20.4M), United States ($17.7M), Malaysia ($12.9M), and Hungary ($11.1M).

The fastest growing export markets for Artificial Graphite of South Korea between 2021 and 2022 were China ($19.7M), United States ($10.8M), and Hungary ($1.58M).

Imports In 2022, South Korea imported $326M in Artificial Graphite, becoming the 4th largest importer of Artificial Graphite in the world. At the same year, Artificial Graphite was the 256th most imported product in South Korea. South Korea imports Artificial Graphite primarily from: China ($244M), Japan ($40.7M), United States ($13M), Switzerland ($8.9M), and Germany ($3.87M).

The fastest growing import markets in Artificial Graphite for South Korea between 2021 and 2022 were China ($36.3M), South Africa ($1.5M), and Russia ($918k).

COMPANIES In 2023, leading companies such as General Motors (3) and LG Electronics (1) were at the forefront of shipping Artificial Graphite from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Artificial Graphite exports accounted up to $9.4M and imports accounted up to $14.8M, resulting in a negative trade balance of $5.36M. Between September 2023 and September 2024 the exports of South Korea's   Artificial Graphite have decreased by $-1.3M (-12.2%) from $10.7M to $9.4M, while imports decreased by $-3.33M (-18.4%) from $18.1M to $14.8M.

Destinations In September 2024, Artificial Graphite were exported mostly to United States ($3.09M), Poland ($1.66M), China ($1.55M), Japan ($1.04M), and Malaysia ($640k), and were imported mostly from China ($7M), Japan ($3.67M), United States ($1.78M), Russia ($1.3M), and Germany ($374k).

Growth In September 2024, the decrease in Artificial Graphite's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-481k or -67.1%), Malaysia ($-188k or -11%), and Vietnam ($-156k or -54.4%). In September 2024, the decrease in Artificial Graphite's year-by-year imports was explained primarily by a decrease in imports from Germany ($-3.9M or -94.8%), United States ($-685k or -54.7%), and France ($-332k or -99.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-1.3M(-12.2%)
IMPORT GROWTH (September 2023 - September 2024)$-3.33M(-18.4%)
MAIN DESTINATION (September 2024)United States$3.09M

This section shows Artificial Graphite'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 Artificial Graphite over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$193M
IMPORTS (2022)$326M
NET TRADE (2022)-$132M

In 2022, South Korea exported $193M in Artificial Graphite. The main destinations of South Korea exports on Artificial Graphite were China ($111M), Poland ($20.4M), United States ($17.7M), Malaysia ($12.9M), and Hungary ($11.1M).

In 2022, South Korea imported $326M in Artificial Graphite, mainly from China ($244M), Japan ($40.7M), United States ($13M), Switzerland ($8.9M), and Germany ($3.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Graphite EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$19.7M (21.7%)
United States$10.8M (158%)
Hungary$1.58M (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Graphite BY South Korea WERE (2021 - 2022):
Singapore-$2.02M (-65.3%)
Hong Kong-$1.49M (-97.2%)
Netherlands-$1.47M (-25.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Artificial Graphite were:
China $1.84B
Germany $256M
Japan $247M
In 2022, South Korea's main importing competitors in Artificial Graphite were:
United States $595M
Poland $498M
China $354M

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Trade Value of Artificial Graphite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.17M
TOP IMPORT POTENTIALGermany+ $2.15M

Artificial Graphite’s highest export potential is United States. With an export gap of $5.17M.   Artificial Graphite’s highest import potential is Germany with an import gap of $2.15M.

See methodology.

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