Composite Paper in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $7.39M in Composite Paper, making it the 15th largest exporter of Composite Paper in the world. At the same year, Composite Paper was the 773rd most exported product in South Korea. The main destination of Composite Paper exports from South Korea are: Vietnam ($2.29M), United States ($1.49M), Paraguay ($686k), Saudi Arabia ($484k), and Indonesia ($483k).

The fastest growing export markets for Composite Paper of South Korea between 2021 and 2022 were United States ($771k), Saudi Arabia ($424k), and Mexico ($218k).

Imports In 2022, South Korea imported $4.87M in Composite Paper, becoming the 37th largest importer of Composite Paper in the world. At the same year, Composite Paper was the 1020th most imported product in South Korea. South Korea imports Composite Paper primarily from: China ($2.4M), Sweden ($869k), Italy ($846k), Germany ($367k), and Japan ($127k).

The fastest growing import markets in Composite Paper for South Korea between 2021 and 2022 were China ($640k), Italy ($521k), and Germany ($230k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Composite Paper from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Composite Paper exports accounted up to $363k and imports accounted up to $125k, resulting in a positive trade balance of $238k. Between February 2023 and February 2024 the exports of South Korea's Composite Paper have increased by $110k (43.5%) from $253k to $363k, while imports decreased by $-186k (-59.8%) from $311k to $125k.

Destinations In February 2024, Composite Paper were exported mostly to Saudi Arabia ($102k), Vietnam ($84k), United States ($72k), United Arab Emirates ($32k), and China ($28k), and were imported mostly from China ($45k), Japan ($38k), Netherlands ($31k), United States ($4k), and Germany ($2k).

Growth In February 2024, the increase in Composite Paper's year-by-year exports was explained primarily by an increase in exports to Vietnam ($41k or 34.7%). In February 2024, the decrease in Composite Paper's year-by-year imports was explained primarily by a decrease in imports from China ($-698k or -73.2%) and Italy ($-31k or -100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$110k(43.5%)

IMPORT GROWTH (February 2023 - February 2024)$-186k(-59.8%)

MAIN DESTINATION (February 2024)Saudi Arabia$102k

This section shows Composite Paper'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 Composite Paper over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.39M

IMPORTS (2022)$4.87M

NET TRADE (2022)$2.52M

In 2022, South Korea exported $7.39M in Composite Paper. The main destinations of South Korea exports on Composite Paper were Vietnam ($2.29M), United States ($1.49M), Paraguay ($686k), Saudi Arabia ($484k), and Indonesia ($483k).

In 2022, South Korea imported $4.87M in Composite Paper, mainly from China ($2.4M), Sweden ($869k), Italy ($846k), Germany ($367k), and Japan ($127k).

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