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Exports In 2022, South Korea exported $3.74B in Insulated Wire, making it the 11th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 30th most exported product in South Korea. The main destination of Insulated Wire exports from South Korea are: China ($757M), United States ($710M), Vietnam ($317M), Mexico ($234M), and Chinese Taipei ($168M).
The fastest growing export markets for Insulated Wire of South Korea between 2021 and 2022 were United States ($206M), China ($76M), and Vietnam ($66.3M).
Imports In 2022, South Korea imported $3.67B in Insulated Wire, becoming the 10th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 22nd most imported product in South Korea. South Korea imports Insulated Wire primarily from: China ($2.26B), Vietnam ($612M), Philippines ($232M), United States ($140M), and Cambodia ($81.9M).
The fastest growing import markets in Insulated Wire for South Korea between 2021 and 2022 were Vietnam ($186M), China ($144M), and Cambodia ($43.3M).
COMPANIES In 2023, leading companies such as LG Electronics (68), Telamon (11), and Samsung (4) were at the forefront of shipping Insulated Wire from South Korea to the United States.
