Sign In
Pricing

2022
Exports $1.58BWorld Rnk 14 / 110
Flag Rnk 70 / 1204
2022
Destination $459M China
2021 - 2022
FASTEST GROWING MARKET $459MChina
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $6.27BWorld Rnk 3 / 117
Flag Rnk 11 / 1213
2022
Origin $734M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $734MIndonesia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.58B in Copper Ore, making it the 14th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 70th most exported product in South Korea. The main destination of Copper Ore exports from South Korea are: China ($1.58B), Hong Kong ($107k), Indonesia ($92.1k), Netherlands ($63.7k), and Thailand ($49.6k).

The fastest growing export markets for Copper Ore of South Korea between 2021 and 2022 were China ($459M), Hong Kong ($107k), and Indonesia ($77.5k).

Imports In 2022, South Korea imported $6.27B in Copper Ore, becoming the 3rd largest importer of Copper Ore in the world. At the same year, Copper Ore was the 11th most imported product in South Korea. South Korea imports Copper Ore primarily from: Indonesia ($1.49B), Australia ($1.04B), Chile ($935M), Canada ($775M), and Peru ($529M).

The fastest growing import markets in Copper Ore for South Korea between 2021 and 2022 were Indonesia ($734M), Montenegro ($278M), and Philippines ($195M).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Copper Ore exports accounted up to $68.5M and imports accounted up to $692M, resulting in a negative trade balance of $623M. Between September 2023 and September 2024 the exports of South Korea's   Copper Ore have decreased by $-99.2M (-59.1%) from $168M to $68.5M, while imports increased by $93.2M (15.6%) from $599M to $692M.

Destinations In September 2024, Copper Ore were exported mostly to China ($68.5M), United Arab Emirates ($0), Indonesia ($0), Bulgaria ($0), and Montenegro ($0), and were imported mostly from Chile ($240M), Peru ($124M), Canada ($84.3M), Indonesia ($83.9M), and Australia ($74.5M).

Growth In September 2024, the decrease in Copper Ore's year-by-year exports was explained primarily by a decrease in exports to China ($-36.7M or -26.5%). In September 2024, the increase in Copper Ore's year-by-year imports was explained primarily by an increase in imports from Canada ($38.4M or 83.6%), Panama ($18.2M or 68.8%), and Indonesia ($3.65M or 2.25%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-99.2M(-59.1%)
IMPORT GROWTH (September 2023 - September 2024)$93.2M(15.6%)
MAIN DESTINATION (September 2024)China$68.5M

This section shows Copper Ore'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 Ore over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.58B
IMPORTS (2022)$6.27B
NET TRADE (2022)-$4.68B

In 2022, South Korea exported $1.58B in Copper Ore. The main destinations of South Korea exports on Copper Ore were China ($1.58B), Hong Kong ($107k), Indonesia ($92.1k), Netherlands ($63.7k), and Thailand ($49.6k).

In 2022, South Korea imported $6.27B in Copper Ore, mainly from Indonesia ($1.49B), Australia ($1.04B), Chile ($935M), Canada ($775M), and Peru ($529M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$459M (40.9%)
Hong Kong$107k (1%)
Indonesia$77.5k (529%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY South Korea WERE (2021 - 2022):
Japan-$13.3M (-100%)
Cambodia-$154k (-98.1%)
Thailand-$7.72k (-13.5%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, South Korea's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B

Explore Visualizations

Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $153M
TOP IMPORT POTENTIALPeru+ $55M

Copper Ore’s highest export potential is China. With an export gap of $153M.   Copper Ore’s highest import potential is Peru with an import gap of $55M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms