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2022
Exports $1.88MWorld Rnk 74 / 134
Flag Rnk 929 / 1204
2022
Destination $1.32M Malaysia
2021 - 2022
FASTEST GROWING MARKET $1.32MMalaysia
2022
PRODUCT COMPLEXITY IN Coal Briquettes-1.75Rnk 976 / 1025
2022
Imports $26.8BWorld Rnk 4 / 183
Flag Rnk 4 / 1213
2022
Origin $4.58B Australia
2021 - 2022
FASTEST GROWING ORIGIN $4.58BAustralia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.88M in Coal Briquettes, making it the 74th largest exporter of Coal Briquettes in the world. At the same year, Coal Briquettes was the 929th most exported product in South Korea. The main destination of Coal Briquettes exports from South Korea are: Malaysia ($1.35M), Oman ($234k), Australia ($72.3k), Philippines ($68.9k), and Indonesia ($58.3k).

The fastest growing export markets for Coal Briquettes of South Korea between 2021 and 2022 were Malaysia ($1.32M), Oman ($234k), and Philippines ($33.2k).

Imports In 2022, South Korea imported $26.8B in Coal Briquettes, becoming the 4th largest importer of Coal Briquettes in the world. At the same year, Coal Briquettes was the 4th most imported product in South Korea. South Korea imports Coal Briquettes primarily from: Australia ($11.5B), Russia ($4.62B), Indonesia ($4.41B), Canada ($2.09B), and South Africa ($1.37B).

The fastest growing import markets in Coal Briquettes for South Korea between 2021 and 2022 were Australia ($4.58B), Russia ($2.84B), and Indonesia ($2.3B).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Coal Briquettes exports accounted up to $6k and imports accounted up to $1.25B, resulting in a negative trade balance of $1.25B. Between October 2023 and October 2024 the exports of South Korea's   Coal Briquettes have decreased by $-11k (-64.7%) from $17k to $6k, while imports decreased by $-129M (-9.37%) from $1.38B to $1.25B.

Destinations In October 2024, Coal Briquettes were exported mostly to Malaysia ($6k), South Africa ($0), United Arab Emirates ($0), China ($0), and Indonesia ($0), and were imported mostly from Australia ($471M), Russia ($199M), Indonesia ($181M), Canada ($181M), and Colombia ($73.8M).

Growth In October 2024, the decrease in Coal Briquettes's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-12k or -100%). In October 2024, the decrease in Coal Briquettes's year-by-year imports was explained primarily by a decrease in imports from Australia ($-289M or -23.5%), Canada ($-82.3M or -52.6%), and Mozambique ($-18.4M or -30.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-11k(-64.7%)
IMPORT GROWTH (October 2023 - October 2024)$-129M(-9.37%)
MAIN DESTINATION (October 2024)Malaysia$6k

This section shows Coal Briquettes'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 Coal Briquettes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.88M
IMPORTS (2022)$26.8B
NET TRADE (2022)-$26.8B

In 2022, South Korea exported $1.88M in Coal Briquettes. The main destinations of South Korea exports on Coal Briquettes were Malaysia ($1.35M), Oman ($234k), Australia ($72.3k), Philippines ($68.9k), and Indonesia ($58.3k).

In 2022, South Korea imported $26.8B in Coal Briquettes, mainly from Australia ($11.5B), Russia ($4.62B), Indonesia ($4.41B), Canada ($2.09B), and South Africa ($1.37B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coal Briquettes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$1.32M (4.1k%)
Oman$234k (1%)
Philippines$33.2k (93.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Briquettes BY South Korea WERE (2021 - 2022):
Saudi Arabia-$126k (-100%)
Chinese Taipei-$40.4k (-100%)
Burma-$15.2k (-29.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Coal Briquettes were:
Australia $109B
Indonesia $50.8B
Russia $36.5B
In 2022, South Korea's main importing competitors in Coal Briquettes were:
India $58.7B
Japan $53.7B
China $28.1B

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Trade Value of Coal Briquettes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $671k
TOP IMPORT POTENTIALIndonesia+ $394M

Coal Briquettes’s highest export potential is Malaysia. With an export gap of $671k.   Coal Briquettes’s highest import potential is Indonesia with an import gap of $394M.

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