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Exports In 2022, South Korea exported $1.84M in Clasps etc incorporating locks, of base metal, making it the 16th largest exporter of Clasps etc incorporating locks, of base metal in the world. At the same year, Clasps etc incorporating locks, of base metal was the 2663rd most exported product in South Korea. The main destination of Clasps etc incorporating locks, of base metal exports from South Korea are: Vietnam ($649k), Russia ($276k), Singapore ($239k), United States ($218k), and Nigeria ($164k).

The fastest growing export markets for Clasps etc incorporating locks, of base metal of South Korea between 2021 and 2022 were Vietnam ($647k), Russia ($273k), and Singapore ($237k).

Imports In 2022, South Korea imported $687k in Clasps etc incorporating locks, of base metal, becoming the 44th largest importer of Clasps etc incorporating locks, of base metal in the world. At the same year, Clasps etc incorporating locks, of base metal was the 3909th most imported product in South Korea. South Korea imports Clasps etc incorporating locks, of base metal primarily from: China ($287k), United States ($270k), Germany ($72.9k), Chinese Taipei ($17k), and Japan ($9.71k).

The fastest growing import markets in Clasps etc incorporating locks, of base metal for South Korea between 2021 and 2022 were Germany ($18.3k), United Kingdom ($4.84k), and Czechia ($2.09k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Clasps etc incorporating locks, of base metal from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Clasps etc incorporating locks, of base metal. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.84M
IMPORTS (2022)$687k
NET TRADE (2022)$1.15M

In 2022, South Korea exported $1.84M in Clasps etc incorporating locks, of base metal. The main destinations of South Korea exports on Clasps etc incorporating locks, of base metal were Vietnam ($649k), Russia ($276k), Singapore ($239k), United States ($218k), and Nigeria ($164k).

In 2022, South Korea imported $687k in Clasps etc incorporating locks, of base metal, mainly from China ($287k), United States ($270k), Germany ($72.9k), Chinese Taipei ($17k), and Japan ($9.71k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clasps etc incorporating locks, of base metal EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$647k (44.1k%)
Russia$273k (9.58k%)
Singapore$237k (9.66k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clasps etc incorporating locks, of base metal BY South Korea WERE (2021 - 2022):
Saudi Arabia-$1.57M (-100%)
United States-$469k (-68.3%)
Spain-$15.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Clasps etc incorporating locks, of base metal were:
China $58.1M
Germany $19.1M
Poland $6.94M
In 2022, South Korea's main importing competitors in Clasps etc incorporating locks, of base metal were:

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Trade Value of Clasps etc incorporating locks, of base metal by Exporters

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