2023
Exports
$417MWorld Rnk 7 / 148
Flag Rnk 167 / 1188
2023
PRODUCT COMPLEXITY IN Copper Pipes
0.35Rnk 439 / 1025
2023
Imports
$138MWorld Rnk 23 / 217
Flag Rnk 403 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $417M in Copper Pipes, making it the 7th largest exporter of Copper Pipes in the world. At the same year, Copper Pipes was the 167th most exported product in South Korea. The main destination of Copper Pipes exports from South Korea are: United States ($177M), India ($45.4M), Australia ($34.1M), United Kingdom ($23.1M), and Saudi Arabia ($22.6M).

The fastest growing export markets for Copper Pipes of South Korea between 2022 and 2023 were India ($26.3M), Germany ($1.6M), and China ($1.24M).

Imports In 2023, South Korea imported $138M in Copper Pipes, becoming the 23rd largest importer of Copper Pipes in the world. At the same year, Copper Pipes was the 403rd most imported product in South Korea. South Korea imports Copper Pipes primarily from: China ($70.8M), Thailand ($44.6M), Malaysia ($14M), United States ($2.98M), and Japan ($2.68M).

The fastest growing import markets in Copper Pipes for South Korea between 2022 and 2023 were Thailand ($26.8M), Malaysia ($8.39M), and United States ($1.85M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$12.9M(35%)
IMPORT GROWTH (December 2023 - December 2024)$4.36M(29%)
MAIN DESTINATION (December 2024)United States$17.4M

This section shows Copper Pipes'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 Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$417M
IMPORTS (2023)$138M
NET TRADE (2023)$279M

In 2023, South Korea exported $417M in Copper Pipes. The main destinations of South Korea exports on Copper Pipes were United States ($177M), India ($45.4M), Australia ($34.1M), United Kingdom ($23.1M), and Saudi Arabia ($22.6M).

In 2023, South Korea imported $138M in Copper Pipes, mainly from China ($70.8M), Thailand ($44.6M), Malaysia ($14M), United States ($2.98M), and Japan ($2.68M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Pipes EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
India$26.3M (137%)
Germany$1.6M (239%)
China$1.24M (9.96%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Pipes BY South Korea WERE (2022 - 2023):
United States-$75.8M (-30%)
Saudi Arabia-$6.31M (-21.8%)
United Arab Emirates-$4.73M (-20.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Copper Pipes were:
In 2023, South Korea's main importing competitors in Copper Pipes were:

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Trade Value of Copper Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $12.7M
TOP IMPORT POTENTIALChina+ $23.5M

Copper Pipes’s highest export potential is India. With an export gap of $12.7M.   Copper Pipes’s highest import potential is China with an import gap of $23.5M.

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