Imports In 2022, South Korea imported $41.1M in Copper Bars, becoming the 33rd largest importer of Copper Bars in the world. At the same year, Copper Bars was the 712th most imported product in South Korea. South Korea imports Copper Bars primarily from: Japan ($13.5M), Greece ($8.71M), China ($7.9M), United States ($4.39M), and Thailand ($1.62M).
The fastest growing import markets in Copper Bars for South Korea between 2021 and 2022 were China ($5.91M), Greece ($1.63M), and Japan ($1.28M).
Overview In July 2024 South Korea's Copper Bars exports accounted up to $30.8M and imports accounted up to $3.18M, resulting in a positive trade balance of $27.6M. Between July 2023 and July 2024 the exports of South Korea's Copper Bars have increased by $6.39M (26.2%) from $24.4M to $30.8M, while imports increased by $1.06M (49.9%) from $2.12M to $3.18M.
Destinations In July 2024, Copper Bars were exported mostly to China ($8.16M), United States ($3.32M), India ($3.23M), Chinese Taipei ($2.86M), and Thailand ($2.58M), and were imported mostly from Portugal ($960k), Japan ($653k), United States ($589k), Thailand ($382k), and China ($319k).
Growth In July 2024, the increase in Copper Bars's year-by-year exports was explained primarily by an increase in exports to India ($2.28M or 267%), Italy ($894k or 3.31k%), and South Africa ($684k or 2.21k%). In July 2024, the increase in Copper Bars's year-by-year imports was explained primarily by an increase in imports from Greece ($445k or 81.1%), United States ($245k or 134%), and United Kingdom ($22k or 68.8%).
This section shows Copper Bars'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 Copper Bars over time.
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In 2022, South Korea imported $41.1M in Copper Bars, mainly from Japan ($13.5M), Greece ($8.71M), China ($7.9M), United States ($4.39M), and Thailand ($1.62M).
Copper Bars’s highest export potential is China. With an export gap of $6.75M. Copper Bars’s highest import potential is China with an import gap of $2.58M.
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