Kraft Paper in South Korea | The Observatory of Economic Complexity

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

April 2024

About

Overview In April 2024 South Korea's Kraft Paper exports accounted up to $4.17M and imports accounted up to $23M, resulting in a negative trade balance of $18.8M. Between April 2023 and April 2024 the exports of South Korea's Kraft Paper have decreased by $-2.13M (-33.8%) from $6.31M to $4.17M, while imports increased by $1.11M (5.08%) from $21.9M to $23M.

Destinations In April 2024, Kraft Paper were exported mostly to Vietnam ($1.17M), China ($1.09M), Chinese Taipei ($471k), Malaysia ($441k), and United States ($248k), and were imported mostly from Japan ($8.44M), China ($3.65M), United States ($2.88M), Canada ($1.34M), and Sweden ($1.2M).

Growth In April 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 April 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$-2.13M(-33.8%)

IMPORT GROWTH (April 2023 - April 2024)$1.11M(5.08%)

MAIN DESTINATION (April 2024)Vietnam$1.17M

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

Trade Value

Growth

Growth (%)

Year

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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