Dolomite in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $8.73M in Dolomite, making it the 23rd largest exporter of Dolomite in the world. At the same year, Dolomite was the 748th most exported product in South Korea. The main destination of Dolomite exports from South Korea are: Japan ($8.13M), China ($535k), Vietnam ($22.8k), Angola ($13k), and Mongolia ($7.4k).

The fastest growing export markets for Dolomite of South Korea between 2021 and 2022 were China ($109k), Vietnam ($13.3k), and Angola ($13k).

Imports In 2022, South Korea imported $2.77M in Dolomite, becoming the 33rd largest importer of Dolomite in the world. At the same year, Dolomite was the 1075th most imported product in South Korea. South Korea imports Dolomite primarily from: China ($1.47M), Vietnam ($598k), United States ($296k), Italy ($113k), and France ($85.6k).

The fastest growing import markets in Dolomite for South Korea between 2021 and 2022 were United States ($62.5k), Pakistan ($41.7k), and Japan ($37.8k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (6) were at the forefront of shipping Dolomite from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Dolomite exports accounted up to $281k and imports accounted up to $167k, resulting in a positive trade balance of $114k. Between September 2023 and September 2024 the exports of South Korea's Dolomite have decreased by $-215k (-43.3%) from $496k to $281k, while imports increased by $36k (27.5%) from $131k to $167k.

Destinations In September 2024, Dolomite were exported mostly to Japan ($239k), China ($42k), Vietnam ($0), United Kingdom ($0), and United States ($0), and were imported mostly from China ($80k), United States ($72k), Vietnam ($8k), United Kingdom ($7k), and Japan ($0).

Growth In September 2024, the decrease in Dolomite's year-by-year exports was explained primarily by a decrease in exports to Japan ($-252k or -40.6%) and Vietnam ($-1k or -50%). In September 2024, the increase in Dolomite's year-by-year imports was explained primarily by an increase in imports from China ($332k or 722%), Italy ($9k or 100%), and United States ($5k or 50%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)$-215k(-43.3%)

IMPORT GROWTH (September 2023 - September 2024)$36k(27.5%)

MAIN DESTINATION (September 2024)Japan$239k

This section shows Dolomite'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 Dolomite over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.73M

IMPORTS (2022)$2.77M

NET TRADE (2022)$5.96M

In 2022, South Korea exported $8.73M in Dolomite. The main destinations of South Korea exports on Dolomite were Japan ($8.13M), China ($535k), Vietnam ($22.8k), Angola ($13k), and Mongolia ($7.4k).

In 2022, South Korea imported $2.77M in Dolomite, mainly from China ($1.47M), Vietnam ($598k), United States ($296k), Italy ($113k), and France ($85.6k).

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