2022
Exports
$177kWorld Rnk 59 / 121
Flag Rnk 1095 / 1204
2022
PRODUCT COMPLEXITY IN Limestone
-0.85Rnk 790 / 1025
2022
Imports
$37.6MWorld Rnk 4 / 168
Flag Rnk 731 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $177k in Limestone, making it the 59th largest exporter of Limestone in the world. At the same year, Limestone was the 1095th most exported product in South Korea. The main destination of Limestone exports from South Korea are: China ($90.1k), Indonesia ($35.1k), Hungary ($16.8k), Uzbekistan ($9.94k), and Vietnam ($9.15k).

The fastest growing export markets for Limestone of South Korea between 2021 and 2022 were Hungary ($16.8k), Vietnam ($6.03k), and Turkey ($3.02k).

Imports In 2022, South Korea imported $37.6M in Limestone, becoming the 4th largest importer of Limestone in the world. At the same year, Limestone was the 731st most imported product in South Korea. South Korea imports Limestone primarily from: Japan ($26.6M), Vietnam ($10.1M), China ($322k), India ($320k), and Norway ($191k).

The fastest growing import markets in Limestone for South Korea between 2021 and 2022 were Vietnam ($2.47M), India ($65.2k), and Thailand ($10.3k).

COMPANIES In 2023, leading companies such as The Tile Shop (7) were at the forefront of shipping Limestone from South Korea to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$1k(4.76%)
IMPORT GROWTH (September 2023 - September 2024)$-791k(-21.5%)
MAIN DESTINATION (September 2024)Indonesia$7k

This section shows Limestone'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 Limestone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$177k
IMPORTS (2022)$37.6M
NET TRADE (2022)-$37.4M

In 2022, South Korea exported $177k in Limestone. The main destinations of South Korea exports on Limestone were China ($90.1k), Indonesia ($35.1k), Hungary ($16.8k), Uzbekistan ($9.94k), and Vietnam ($9.15k).

In 2022, South Korea imported $37.6M in Limestone, mainly from Japan ($26.6M), Vietnam ($10.1M), China ($322k), India ($320k), and Norway ($191k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Limestone EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hungary$16.8k (1%)
Vietnam$6.03k (194%)
Turkey$3.02k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Limestone BY South Korea WERE (2021 - 2022):
China-$2.8M (-96.9%)
Japan-$165k (-100%)
Australia-$35k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Limestone were:
In 2022, South Korea's main importing competitors in Limestone were:

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Trade Value of Limestone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.2k
TOP IMPORT POTENTIALIndia+ $428k

Limestone’s highest export potential is United States. With an export gap of $10.2k.   Limestone’s highest import potential is India with an import gap of $428k.

See methodology.

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