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2022
Exports $8.34MWorld Rnk 21 / 86
Flag Rnk 755 / 1204
2022
Destination $31.3k Singapore
2021 - 2022
FASTEST GROWING MARKET $31.3kMexico
2022
PRODUCT COMPLEXITY IN Granulated Slag0.0043Rnk 546 / 1025
2022
Imports $16.5MWorld Rnk 16 / 130
Flag Rnk 865 / 1213
2022
Origin $7.81M China
2021 - 2022
FASTEST GROWING ORIGIN $7.81MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $8.34M in Granulated Slag, making it the 21st largest exporter of Granulated Slag in the world. At the same year, Granulated Slag was the 755th most exported product in South Korea. The main destination of Granulated Slag exports from South Korea are: Singapore ($3.58M), Chinese Taipei ($2.7M), India ($1.36M), Mexico ($330k), and Japan ($233k).

The fastest growing export markets for Granulated Slag of South Korea between 2021 and 2022 were Mexico ($31.3k), Malaysia ($19.6k), and Thailand ($14.8k).

Imports In 2022, South Korea imported $16.5M in Granulated Slag, becoming the 16th largest importer of Granulated Slag in the world. At the same year, Granulated Slag was the 865th most imported product in South Korea. South Korea imports Granulated Slag primarily from: China ($8.01M), Japan ($7.49M), Philippines ($971k), Indonesia ($42.2k), and United States ($12.3k).

The fastest growing import markets in Granulated Slag for South Korea between 2021 and 2022 were China ($7.81M), Japan ($3.88M), and Philippines ($971k).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Granulated Slag exports accounted up to $416k and imports accounted up to $57k, resulting in a positive trade balance of $359k. Between September 2023 and September 2024 the exports of South Korea's   Granulated Slag have increased by $250k (151%) from $166k to $416k, while imports decreased by $-2.02M (-97.3%) from $2.08M to $57k.

Destinations In September 2024, Granulated Slag were exported mostly to Chinese Taipei ($332k), Japan ($51k), United States ($18k), Canada ($12k), and Thailand ($3k), and were imported mostly from Japan ($57k), Thailand ($0), Chinese Taipei ($0), Canada ($0), and United States ($0).

Growth In September 2024, the increase in Granulated Slag's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the decrease in Granulated Slag's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$250k(151%)
IMPORT GROWTH (September 2023 - September 2024)$-2.02M(-97.3%)
MAIN DESTINATION (September 2024)Chinese Taipei$332k

This section shows Granulated Slag'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 Granulated Slag over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.34M
IMPORTS (2022)$16.5M
NET TRADE (2022)-$8.19M

In 2022, South Korea exported $8.34M in Granulated Slag. The main destinations of South Korea exports on Granulated Slag were Singapore ($3.58M), Chinese Taipei ($2.7M), India ($1.36M), Mexico ($330k), and Japan ($233k).

In 2022, South Korea imported $16.5M in Granulated Slag, mainly from China ($8.01M), Japan ($7.49M), Philippines ($971k), Indonesia ($42.2k), and United States ($12.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granulated Slag EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Mexico$31.3k (10.5%)
Malaysia$19.6k (1%)
Thailand$14.8k (90.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granulated Slag BY South Korea WERE (2021 - 2022):
Chinese Taipei-$5.53M (-67.2%)
Singapore-$4.99M (-58.2%)
United States-$1.71M (-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 Granulated Slag were:
South Africa $158M
Japan $143M
India $76.2M
In 2022, South Korea's main importing competitors in Granulated Slag were:
United Kingdom $107M
Netherlands $102M
United States $84.4M

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Trade Value of Granulated Slag by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $76.9k
TOP IMPORT POTENTIALIndonesia+ $76.1k

Granulated Slag’s highest export potential is Japan. With an export gap of $76.9k.   Granulated Slag’s highest import potential is Indonesia with an import gap of $76.1k.

See methodology.

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