2022
Exports
$481MWorld Rnk 3 / 121
Flag Rnk 167 / 1204
2022
PRODUCT COMPLEXITY IN Glass with Edge Workings
1.25Rnk 99 / 1025
2022
Imports
$376MWorld Rnk 3 / 202
Flag Rnk 231 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $481M in Glass with Edge Workings, making it the 3rd largest exporter of Glass with Edge Workings in the world. At the same year, Glass with Edge Workings was the 167th most exported product in South Korea. The main destination of Glass with Edge Workings exports from South Korea are: China ($322M), Chinese Taipei ($69.7M), Japan ($68.7M), Vietnam ($10.6M), and Netherlands ($3.12M).

The fastest growing export markets for Glass with Edge Workings of South Korea between 2021 and 2022 were Netherlands ($2.52M), Singapore ($1.21M), and Mexico ($896k).

Imports In 2022, South Korea imported $376M in Glass with Edge Workings, becoming the 3rd largest importer of Glass with Edge Workings in the world. At the same year, Glass with Edge Workings was the 231st most imported product in South Korea. South Korea imports Glass with Edge Workings primarily from: Japan ($156M), Singapore ($114M), China ($63M), Malaysia ($26.8M), and Chinese Taipei ($5.31M).

The fastest growing import markets in Glass with Edge Workings for South Korea between 2021 and 2022 were Japan ($14.7M), China ($7.14M), and United States ($1.32M).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$2.75M(8.38%)
IMPORT GROWTH (September 2023 - September 2024)$20.7M(53%)
MAIN DESTINATION (September 2024)China$29.2M

This section shows Glass with Edge Workings'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 Glass with Edge Workings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$481M
IMPORTS (2022)$376M
NET TRADE (2022)$105M

In 2022, South Korea exported $481M in Glass with Edge Workings. The main destinations of South Korea exports on Glass with Edge Workings were China ($322M), Chinese Taipei ($69.7M), Japan ($68.7M), Vietnam ($10.6M), and Netherlands ($3.12M).

In 2022, South Korea imported $376M in Glass with Edge Workings, mainly from Japan ($156M), Singapore ($114M), China ($63M), Malaysia ($26.8M), and Chinese Taipei ($5.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass with Edge Workings EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Netherlands$2.52M (424%)
Singapore$1.21M (4.39k%)
Mexico$896k (194k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass with Edge Workings BY South Korea WERE (2021 - 2022):
Chinese Taipei-$77.4M (-52.6%)
China-$67.1M (-17.3%)
Hong Kong-$54M (-95.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Glass with Edge Workings were:
China $821M
Japan $589M
In 2022, South Korea's main importing competitors in Glass with Edge Workings were:

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Trade Value of Glass with Edge Workings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $1.98M
TOP IMPORT POTENTIALChina+ $14.5M

Glass with Edge Workings’s highest export potential is Hong Kong. With an export gap of $1.98M.   Glass with Edge Workings’s highest import potential is China with an import gap of $14.5M.

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