Kaolin in South Korea | The Observatory of Economic Complexity

About

Exports In 2023, South Korea exported $774k in Kaolin, making it the 42nd largest exporter of Kaolin in the world. At the same year, Kaolin was the 974th most exported product in South Korea. The main destination of Kaolin exports from South Korea are: Japan ($548k), Indonesia ($149k), China ($45.6k), Singapore ($12.2k), and Uzbekistan ($6.18k).

The fastest growing export markets for Kaolin of South Korea between 2022 and 2023 were Indonesia ($109k), Singapore ($6.4k), and Uzbekistan ($4.33k).

Imports In 2023, South Korea imported $44.3M in Kaolin, becoming the 14th largest importer of Kaolin in the world. At the same year, Kaolin was the 644th most imported product in South Korea. South Korea imports Kaolin primarily from: United States ($25M), China ($14.9M), India ($897k), Japan ($725k), and France ($681k).

The fastest growing import markets in Kaolin for South Korea between 2022 and 2023 were China ($1.36M), Bulgaria ($56.3k), and Sri Lanka ($41.9k).

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Kaolin exports accounted up to $92k and imports accounted up to $3.43M, resulting in a negative trade balance of $3.34M. Between December 2023 and December 2024 the exports of South Korea's Kaolin have increased by $54k (142%) from $38k to $92k, while imports decreased by $-295k (-7.92%) from $3.72M to $3.43M.

Destinations In December 2024, Kaolin were exported mostly to Vietnam ($49k), Japan ($31k), China ($5k), India ($4k), and Indonesia ($3k), and were imported mostly from United States ($2.45M), China ($735k), India ($76k), Indonesia ($46k), and Japan ($37k).

Growth In December 2024, the increase in Kaolin's year-by-year exports was explained primarily by an increase in exports to Japan ($30k or 19%), China ($8k or 800%), and India ($5k or 250%). In December 2024, the decrease in Kaolin's year-by-year imports was explained primarily by a decrease in imports from United States ($-1.21M or -40.3%), France ($-137k or -83.5%), and Malaysia ($-34k or -69.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$54k(142%)

IMPORT GROWTH (December 2023 - December 2024)$-295k(-7.92%)

MAIN DESTINATION (December 2024)Vietnam$49k

This section shows Kaolin'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 Kaolin over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$774k

IMPORTS (2023)$44.3M

NET TRADE (2023)-$43.5M

In 2023, South Korea exported $774k in Kaolin. The main destinations of South Korea exports on Kaolin were Japan ($548k), Indonesia ($149k), China ($45.6k), Singapore ($12.2k), and Uzbekistan ($6.18k).

In 2023, South Korea imported $44.3M in Kaolin, mainly from United States ($25M), China ($14.9M), India ($897k), Japan ($725k), and France ($681k).

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