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Exports In 2022, South Korea exported $1.58B in Copper ores and concentrates, making it the 14th largest exporter of Copper ores and concentrates in the world. At the same year, Copper ores and concentrates was the 62nd most exported product in South Korea. The main destination of Copper ores and concentrates 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 ores and concentrates 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 ores and concentrates, becoming the 3rd largest importer of Copper ores and concentrates in the world. At the same year, Copper ores and concentrates was the 10th most imported product in South Korea. South Korea imports Copper ores and concentrates primarily from: Indonesia ($1.49B), Australia ($1.04B), Chile ($935M), Canada ($775M), and Peru ($529M).

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

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 Copper ores and concentrates 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 Copper ores and concentrates. 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)$1.58B
IMPORTS (2022)$6.27B
NET TRADE (2022)-$4.68B

In 2022, South Korea exported $1.58B in Copper ores and concentrates. The main destinations of South Korea exports on Copper ores and concentrates 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 ores and concentrates, mainly from Indonesia ($1.49B), Australia ($1.04B), Chile ($935M), Canada ($775M), and Peru ($529M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper ores and concentrates 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 ores and concentrates BY South Korea WERE (2021 - 2022):
Japan-$13.3M (-100%)
Cambodia-$154k (-98.1%)
Thailand-$7.72k (-13.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Copper ores and concentrates were:
Chile $22.8B
Peru $13.5B
In 2022, South Korea's main importing competitors in Copper ores and concentrates were:
China $50.5B
Japan $12.4B

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Trade Value of Copper ores and concentrates by Exporters

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