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2022
Exports $425kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Manganese Ore-2.67Rnk 1023 / 1025
2022
Imports $54.1MWorld Rnk 11 / 114
Flag Rnk 610 / 1208
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Imports In 2023, South Korea imported $54.1M in Manganese Ore, becoming the 11th largest importer of Manganese Ore in the world. At the same year, Manganese Ore was the 610th most imported product in South Korea. South Korea imports Manganese Ore primarily from: South Africa ($50.8M), Gabon ($2.57M), United States ($678k), Netherlands ($54.6k), and China ($6k).

The fastest growing import markets in Manganese Ore for South Korea between 2022 and 2023 were United States ($228k), Netherlands ($12.9k), and China ($2.29k).

COMPANIES In 2024, leading companies such as LG Electronics (7) and General Motors (2) were at the forefront of shipping Manganese Ore from South Korea to the United States.

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Manganese Ore exports accounted up to $0 and imports accounted up to $5.41M, resulting in a negative trade balance of $5.41M. Between December 2023 and December 2024 the exports of South Korea's   Manganese Ore have remained the same by $0 (N/A%) from $0 to $0, while imports increased by $5.35M (9.23k%) from $58k to $5.41M.

Destinations In December 2024, Manganese Ore were exported mostly to South Africa ($0) and United States ($0), and were imported mostly from South Africa ($5.35M) and United States ($62k).

Growth In December 2024, the change in Manganese Ore's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the increase in Manganese Ore's year-by-year imports was explained primarily by an increase in imports from Australia ($785k or 73.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (December 2023 - December 2024)$5.35M(9.23k%)
MAIN DESTINATION (December 2024)South Africa$0

This section shows Manganese Ore'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 Manganese Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$425k
IMPORTS (2023)$54.1M
NET TRADE (2023)-$54.1M

In 2023, South Korea imported $54.1M in Manganese Ore, mainly from South Africa ($50.8M), Gabon ($2.57M), United States ($678k), Netherlands ($54.6k), and China ($6k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Manganese Ore BY South Korea WERE (N/A - 2022):
South Africa-$275k (-100%)
Netherlands-$123k (-100%)
India-$21.6k (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Manganese Ore were:
South Africa $2.9B
Gabon $1.52B
Australia $1.16B
In 2023, South Korea's main importing competitors in Manganese Ore were:
China $4.3B
India $900M
Norway $220M

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Trade Value of Manganese Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $61.2k
TOP IMPORT POTENTIALGabon+ $4.36M

Manganese Ore’s highest export potential is India. With an export gap of $61.2k.   Manganese Ore’s highest import potential is Gabon with an import gap of $4.36M.

See methodology.

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