Iron Blocks in   South Korea

Overview In January 2025 South Korea's Iron Blocks exports accounted up to $45.3M and imports accounted up to $33.7M, resulting in a positive trade balance of $11.6M. Between January 2024 and January 2025 the exports of South Korea's   Iron Blocks have decreased by $-12.2M (-21.2%) from $57.5M to $45.3M, while imports decreased by $-22.7M (-40.2%) from $56.4M to $33.7M.

Destinations In January 2025, Iron Blocks were exported mostly to Canada ($15.6M), United States ($6.26M), Australia ($3.73M), Chinese Taipei ($3.36M), and Belgium ($3.34M), and were imported mostly from Japan ($18.8M), China ($11.5M), Vietnam ($3.3M), United States ($71k), and Luxembourg ($24k).

Growth In January 2025, the decrease in Iron Blocks's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-1.78M or -35.2%), Vietnam ($-669k or -73.5%), and Indonesia ($-629k or -100%). In January 2025, the decrease in Iron Blocks's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-5.5M or -38%), Germany ($-218k or -56.8%), and Chinese Taipei ($-142k or -100%).