2023
Exports
$373MWorld Rnk 23 / 219
Flag Rnk 55 / 96
2023
PRODUCT COMPLEXITY IN Ceramic products
0.83Rnk 236 / 1025
2023
Imports
$1.76BWorld Rnk 6 / 225
Flag Rnk 39 / 96
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $373M in Ceramic products, making it the 23rd largest exporter of Ceramic products in the world. At the same year, Ceramic products was the 55th most exported product in South Korea. The main destination of Ceramic products exports from South Korea are: China ($134M), United States ($46.9M), Japan ($38.7M), Chinese Taipei ($31.8M), and Indonesia ($17.8M).

The fastest growing export markets for Ceramic products of South Korea between 2022 and 2023 were Malaysia ($4.66M), Netherlands ($3.18M), and Indonesia ($2.86M).

Imports In 2023, South Korea imported $1.76B in Ceramic products, becoming the 6th largest importer of Ceramic products in the world. At the same year, Ceramic products was the 39th most imported product in South Korea. South Korea imports Ceramic products primarily from: China ($1.07B), United States ($159M), Japan ($146M), Italy ($130M), and Germany ($48.8M).

The fastest growing import markets in Ceramic products for South Korea between 2022 and 2023 were Italy ($24.7M), Austria ($6.73M), and Israel ($5.24M).

COMPANIES In 2024, leading companies such as Samsung (9), Hyosung (7), and Continental Materials (6) were at the forefront of shipping Ceramic products from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-6.17M(-18.3%)
IMPORT GROWTH (December 2023 - December 2024)$10M(7.27%)
MAIN DESTINATION (December 2024)China$7.4M

This section shows Ceramic products'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 Ceramic products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$373M
IMPORTS (2023)$1.76B
NET TRADE (2023)-$1.39B

In 2023, South Korea exported $373M in Ceramic products. The main destinations of South Korea exports on Ceramic products were China ($134M), United States ($46.9M), Japan ($38.7M), Chinese Taipei ($31.8M), and Indonesia ($17.8M).

In 2023, South Korea imported $1.76B in Ceramic products, mainly from China ($1.07B), United States ($159M), Japan ($146M), Italy ($130M), and Germany ($48.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ceramic products EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Malaysia$4.66M (117%)
Netherlands$3.18M (95.7%)
Indonesia$2.86M (19.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ceramic products BY South Korea WERE (2022 - 2023):
China-$26.9M (-16.7%)
Vietnam-$16.2M (-100%)
Japan-$14M (-26.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Ceramic products were:
China $18.4B
Italy $5.32B
Spain $4.38B
In 2023, South Korea's main importing competitors in Ceramic products were:

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Trade Value of Ceramic products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.1M
TOP IMPORT POTENTIALChina+ $53.3M

Ceramic products’s highest export potential is United States. With an export gap of $14.1M.   Ceramic products’s highest import potential is China with an import gap of $53.3M.

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