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2023
Exports $698MWorld Rnk 4 / 135
Flag Rnk 122 / 1188
2023
Destination $18.5M China
2022 - 2023
FASTEST GROWING MARKET $18.5MPoland
2023
PRODUCT COMPLEXITY IN Copper Plating0.21Rnk 492 / 1025
2023
Imports $293MWorld Rnk 11 / 202
Flag Rnk 243 / 1208
2023
Origin $8.23M China
2022 - 2023
FASTEST GROWING ORIGIN $8.23MThailand
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $698M in Copper Plating, making it the 4th largest exporter of Copper Plating in the world. At the same year, Copper Plating was the 122nd most exported product in South Korea. The main destination of Copper Plating exports from South Korea are: China ($235M), Japan ($79.7M), Chinese Taipei ($60.2M), Malaysia ($54.8M), and Philippines ($50.4M).

The fastest growing export markets for Copper Plating of South Korea between 2022 and 2023 were Poland ($18.5M), Hungary ($13.5M), and India ($3.98M).

Imports In 2023, South Korea imported $293M in Copper Plating, becoming the 11th largest importer of Copper Plating in the world. At the same year, Copper Plating was the 243rd most imported product in South Korea. South Korea imports Copper Plating primarily from: China ($111M), Japan ($71.4M), Thailand ($60.9M), Bulgaria ($21.3M), and United States ($10.1M).

The fastest growing import markets in Copper Plating for South Korea between 2022 and 2023 were Thailand ($8.23M), United States ($4.15M), and Singapore ($925k).

COMPANIES In 2024, leading companies such as LG Electronics (4), Vestas (1), and General Motors (1) were at the forefront of shipping Copper Plating from South Korea to the United States.

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Copper Plating exports accounted up to $63.8M and imports accounted up to $28.2M, resulting in a positive trade balance of $35.6M. Between December 2023 and December 2024 the exports of South Korea's   Copper Plating have increased by $18M (39.3%) from $45.8M to $63.8M, while imports increased by $9.38M (49.7%) from $18.9M to $28.2M.

Destinations In December 2024, Copper Plating were exported mostly to China ($20.8M), Japan ($8.01M), Vietnam ($4.68M), Chinese Taipei ($4.3M), and Malaysia ($4.19M), and were imported mostly from China ($10.2M), Thailand ($6.63M), Japan ($5.88M), Chinese Taipei ($3.8M), and Germany ($1.15M).

Growth In December 2024, the increase in Copper Plating's year-by-year exports was explained primarily by an increase in exports to Vietnam ($2.37M or 101%), Hungary ($1.81M or 119%), and China ($1.25M or 7.96%). In December 2024, the increase in Copper Plating's year-by-year imports was explained primarily by an increase in imports from Thailand ($2.25M or 83.4%), Chinese Taipei ($686k or 27.8%), and Germany ($241k or 43.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$18M(39.3%)
IMPORT GROWTH (December 2023 - December 2024)$9.38M(49.7%)
MAIN DESTINATION (December 2024)China$20.8M

This section shows Copper Plating'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 Plating over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$698M
IMPORTS (2023)$293M
NET TRADE (2023)$405M

In 2023, South Korea exported $698M in Copper Plating. The main destinations of South Korea exports on Copper Plating were China ($235M), Japan ($79.7M), Chinese Taipei ($60.2M), Malaysia ($54.8M), and Philippines ($50.4M).

In 2023, South Korea imported $293M in Copper Plating, mainly from China ($111M), Japan ($71.4M), Thailand ($60.9M), Bulgaria ($21.3M), and United States ($10.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Plating EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Poland$18.5M (851%)
Hungary$13.5M (57.7%)
India$3.98M (18.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Plating BY South Korea WERE (2022 - 2023):
Vietnam-$48.3M (-100%)
Japan-$46M (-36.6%)
Chinese Taipei-$29.9M (-33.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Copper Plating were:
Germany $2.45B
Japan $1.24B
China $1.04B
In 2023, South Korea's main importing competitors in Copper Plating were:
China $933M
United States $884M
Italy $773M

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Trade Value of Copper Plating by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16.5M
TOP IMPORT POTENTIALGermany+ $9.3M

Copper Plating’s highest export potential is China. With an export gap of $16.5M.   Copper Plating’s highest import potential is Germany with an import gap of $9.3M.

See methodology.

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