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2022
Exports $3.39MWorld Rnk 38 / 96
Flag Rnk 868 / 1204
2022
Destination $297k Japan
2021 - 2022
FASTEST GROWING MARKET $297kIndonesia
2022
PRODUCT COMPLEXITY IN Feldspar-1.53Rnk 949 / 1025
2022
Imports $24.3MWorld Rnk 16 / 149
Flag Rnk 806 / 1213
2022
Origin $982k China
2021 - 2022
FASTEST GROWING ORIGIN $982kThailand
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $3.39M in Feldspar, making it the 38th largest exporter of Feldspar in the world. At the same year, Feldspar was the 868th most exported product in South Korea. The main destination of Feldspar exports from South Korea are: Japan ($1.66M), Indonesia ($740k), Turkey ($368k), Vietnam ($227k), and Saudi Arabia ($194k).

The fastest growing export markets for Feldspar of South Korea between 2021 and 2022 were Indonesia ($297k), Saudi Arabia ($186k), and Turkey ($167k).

Imports In 2022, South Korea imported $24.3M in Feldspar, becoming the 16th largest importer of Feldspar in the world. At the same year, Feldspar was the 806th most imported product in South Korea. South Korea imports Feldspar primarily from: China ($15.1M), Mexico ($3.47M), Pakistan ($1.45M), Japan ($1.09M), and Thailand ($1.02M).

The fastest growing import markets in Feldspar for South Korea between 2021 and 2022 were Thailand ($982k), India ($310k), and Japan ($61k).

COMPANIES In 2023, leading companies such as General Motors (1) were at the forefront of shipping Feldspar from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Feldspar exports accounted up to $351k and imports accounted up to $2.09M, resulting in a negative trade balance of $1.74M. Between September 2023 and September 2024 the exports of South Korea's   Feldspar have increased by $76k (27.6%) from $275k to $351k, while imports decreased by $-1.14M (-35.2%) from $3.23M to $2.09M.

Destinations In September 2024, Feldspar were exported mostly to Japan ($163k), Indonesia ($75k), China ($67k), Thailand ($26k), and Saudi Arabia ($9k), and were imported mostly from Mexico ($1.38M), China ($540k), Pakistan ($89k), India ($58k), and Afghanistan ($15k).

Growth In September 2024, the increase in Feldspar's year-by-year exports was explained primarily by an increase in exports to China ($36k or 1.2k%). In September 2024, the decrease in Feldspar's year-by-year imports was explained primarily by a decrease in imports from China ($-452k or -44.1%), Afghanistan ($-27k or -23.7%), and Sweden ($-4k or -57.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$76k(27.6%)
IMPORT GROWTH (September 2023 - September 2024)$-1.14M(-35.2%)
MAIN DESTINATION (September 2024)Japan$163k

This section shows Feldspar'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 Feldspar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.39M
IMPORTS (2022)$24.3M
NET TRADE (2022)-$20.9M

In 2022, South Korea exported $3.39M in Feldspar. The main destinations of South Korea exports on Feldspar were Japan ($1.66M), Indonesia ($740k), Turkey ($368k), Vietnam ($227k), and Saudi Arabia ($194k).

In 2022, South Korea imported $24.3M in Feldspar, mainly from China ($15.1M), Mexico ($3.47M), Pakistan ($1.45M), Japan ($1.09M), and Thailand ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Feldspar EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Indonesia$297k (67%)
Saudi Arabia$186k (2.27k%)
Turkey$167k (83.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Feldspar BY South Korea WERE (2021 - 2022):
Japan-$229k (-12.1%)
China-$73.3k (-29%)
Sri Lanka-$9.92k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Feldspar were:
Turkey $355M
China $283M
South Africa $181M
In 2022, South Korea's main importing competitors in Feldspar were:
United States $273M
Italy $253M
Spain $186M

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Trade Value of Feldspar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $264k
TOP IMPORT POTENTIALMongolia+ $560k

Feldspar’s highest export potential is China. With an export gap of $264k.   Feldspar’s highest import potential is Mongolia with an import gap of $560k.

See methodology.

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