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2022
Exports $5.65MWorld Rnk 52 / 179
Flag Rnk 812 / 1204
2022
Destination $767k United States
2021 - 2022
FASTEST GROWING MARKET $767kUnited States
2022
PRODUCT COMPLEXITY IN Bathroom Ceramics-0.73Rnk 765 / 1025
2022
Imports $385MWorld Rnk 8 / 223
Flag Rnk 225 / 1213
2022
Origin $751k China
2021 - 2022
FASTEST GROWING ORIGIN $751kMalaysia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.65M in Bathroom Ceramics, making it the 52nd largest exporter of Bathroom Ceramics in the world. At the same year, Bathroom Ceramics was the 812th most exported product in South Korea. The main destination of Bathroom Ceramics exports from South Korea are: United States ($1.49M), China ($763k), Canada ($652k), Vietnam ($457k), and Burma ($409k).

The fastest growing export markets for Bathroom Ceramics of South Korea between 2021 and 2022 were United States ($767k), Canada ($461k), and Burma ($387k).

Imports In 2022, South Korea imported $385M in Bathroom Ceramics, becoming the 8th largest importer of Bathroom Ceramics in the world. At the same year, Bathroom Ceramics was the 225th most imported product in South Korea. South Korea imports Bathroom Ceramics primarily from: China ($375M), Vietnam ($4.39M), Malaysia ($2.12M), Japan ($676k), and Italy ($668k).

The fastest growing import markets in Bathroom Ceramics for South Korea between 2021 and 2022 were Malaysia ($751k), Japan ($130k), and Italy ($62.1k).

COMPANIES In 2023, leading companies such as Amazon (1), General Motors (1), and Acuity Brands (1) were at the forefront of shipping Bathroom Ceramics from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Bathroom Ceramics exports accounted up to $1.06M and imports accounted up to $13.1M, resulting in a negative trade balance of $12M. Between July 2023 and July 2024 the exports of South Korea's   Bathroom Ceramics have increased by $616k (140%) from $439k to $1.06M, while imports increased by $3.88M (42.2%) from $9.19M to $13.1M.

Destinations In July 2024, Bathroom Ceramics were exported mostly to United States ($629k), China ($291k), Hong Kong ($31k), Iraq ($29k), and Japan ($23k), and were imported mostly from China ($12M), Vietnam ($521k), Malaysia ($138k), Italy ($131k), and Japan ($94k).

Growth In July 2024, the increase in Bathroom Ceramics's year-by-year exports was explained primarily by an increase in exports to United States ($106k or 624%) and Japan ($3k or 100%). In July 2024, the increase in Bathroom Ceramics's year-by-year imports was explained primarily by an increase in imports from Norway ($20k or 222%), Estonia ($11k or 1.1k%), and Italy ($2k or 18.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$616k(140%)
IMPORT GROWTH (July 2023 - July 2024)$3.88M(42.2%)
MAIN DESTINATION (July 2024)United States$629k

This section shows Bathroom Ceramics'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 Bathroom Ceramics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.65M
IMPORTS (2022)$385M
NET TRADE (2022)-$380M

In 2022, South Korea exported $5.65M in Bathroom Ceramics. The main destinations of South Korea exports on Bathroom Ceramics were United States ($1.49M), China ($763k), Canada ($652k), Vietnam ($457k), and Burma ($409k).

In 2022, South Korea imported $385M in Bathroom Ceramics, mainly from China ($375M), Vietnam ($4.39M), Malaysia ($2.12M), Japan ($676k), and Italy ($668k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bathroom Ceramics EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$767k (106%)
Canada$461k (242%)
Burma$387k (1.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bathroom Ceramics BY South Korea WERE (2021 - 2022):
China-$681k (-47.1%)
Bangladesh-$136k (-100%)
Chinese Taipei-$105k (-32.6%)
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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 Bathroom Ceramics were:
China $7.55B
Germany $481M
Mexico $479M
In 2022, South Korea's main importing competitors in Bathroom Ceramics were:
United States $1.79B
Vietnam $675M
Saudi Arabia $513M

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Trade Value of Bathroom Ceramics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.19M
TOP IMPORT POTENTIALChina+ $7.59M

Bathroom Ceramics’s highest export potential is United States. With an export gap of $1.19M.   Bathroom Ceramics’s highest import potential is China with an import gap of $7.59M.

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