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2022
Exports $72.9MWorld Rnk 31 / 152
Flag Rnk 420 / 1204
2022
Destination $1.65M China
2021 - 2022
FASTEST GROWING MARKET $1.65MCanada
2022
PRODUCT COMPLEXITY IN Kraft Paper-0.22Rnk 619 / 1025
2022
Imports $321MWorld Rnk 14 / 216
Flag Rnk 262 / 1213
2022
Origin $9.71M Japan
2021 - 2022
FASTEST GROWING ORIGIN $9.71MJapan
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $72.9M in Kraft Paper, making it the 31st largest exporter of Kraft Paper in the world. At the same year, Kraft Paper was the 420th most exported product in South Korea. The main destination of Kraft Paper exports from South Korea are: China ($24.5M), Vietnam ($15.1M), Chinese Taipei ($8.26M), Malaysia ($4.71M), and Canada ($2.81M).

The fastest growing export markets for Kraft Paper of South Korea between 2021 and 2022 were Canada ($1.65M), Indonesia ($1.59M), and Vietnam ($929k).

Imports In 2022, South Korea imported $321M in Kraft Paper, becoming the 14th largest importer of Kraft Paper in the world. At the same year, Kraft Paper was the 262nd most imported product in South Korea. South Korea imports Kraft Paper primarily from: Japan ($98.9M), United States ($66.4M), China ($26.2M), Sweden ($18.8M), and Russia ($14.4M).

The fastest growing import markets in Kraft Paper for South Korea between 2021 and 2022 were Japan ($9.71M), New Zealand ($4.36M), and China ($3.84M).

COMPANIES In 2023, leading companies such as LG Electronics (21), Samsung (4), and General Motors (1) were at the forefront of shipping Kraft Paper from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Kraft Paper exports accounted up to $3.27M and imports accounted up to $27.7M, resulting in a negative trade balance of $24.5M. Between October 2023 and October 2024 the exports of South Korea's   Kraft Paper have decreased by $-419k (-11.4%) from $3.69M to $3.27M, while imports increased by $6.43M (30.1%) from $21.3M to $27.7M.

Destinations In October 2024, Kraft Paper were exported mostly to China ($1.21M), Vietnam ($534k), Malaysia ($452k), Chinese Taipei ($325k), and United States ($188k), and were imported mostly from Japan ($9.46M), China ($5.21M), United States ($5.07M), Brazil ($1.48M), and Sweden ($1.32M).

Growth In October 2024, the decrease in Kraft Paper's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-265k or -43.5%), Japan ($-112k or -36.2%), and Australia ($-79k or -100%). In October 2024, the increase in Kraft Paper's year-by-year imports was explained primarily by an increase in imports from Japan ($1.7M or 28.2%), United States ($1.47M or 33.8%), and Indonesia ($470k or 1.47k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-419k(-11.4%)
IMPORT GROWTH (October 2023 - October 2024)$6.43M(30.1%)
MAIN DESTINATION (October 2024)China$1.21M

This section shows Kraft Paper'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 Kraft Paper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$72.9M
IMPORTS (2022)$321M
NET TRADE (2022)-$248M

In 2022, South Korea exported $72.9M in Kraft Paper. The main destinations of South Korea exports on Kraft Paper were China ($24.5M), Vietnam ($15.1M), Chinese Taipei ($8.26M), Malaysia ($4.71M), and Canada ($2.81M).

In 2022, South Korea imported $321M in Kraft Paper, mainly from Japan ($98.9M), United States ($66.4M), China ($26.2M), Sweden ($18.8M), and Russia ($14.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Kraft Paper EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Canada$1.65M (141%)
Indonesia$1.59M (181%)
Vietnam$929k (6.57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Kraft Paper BY South Korea WERE (2021 - 2022):
China-$8.23M (-25.1%)
Chinese Taipei-$3.12M (-27.4%)
Malaysia-$2.58M (-35.4%)
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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 Kraft Paper were:
United States $3.95B
Sweden $2.41B
Finland $1.1B
In 2022, South Korea's main importing competitors in Kraft Paper were:
Germany $1.56B
Italy $1.23B
Mexico $1.09B

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Trade Value of Kraft Paper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.43M
TOP IMPORT POTENTIALUnited States+ $8.03M

Kraft Paper’s highest export potential is China. With an export gap of $7.43M.   Kraft Paper’s highest import potential is United States with an import gap of $8.03M.

See methodology.

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