Metal-Clad Products in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $5.91M in Metal-Clad Products, making it the 29th largest exporter of Metal-Clad Products in the world. At the same year, Metal-Clad Products was the 803rd most exported product in South Korea. The main destination of Metal-Clad Products exports from South Korea are: Hong Kong ($2.25M), Singapore ($1.92M), Japan ($632k), United States ($357k), and Chinese Taipei ($180k).

The fastest growing export markets for Metal-Clad Products of South Korea between 2021 and 2022 were Singapore ($1.91M), Japan ($500k), and Germany ($103k).

Imports In 2022, South Korea imported $7.87M in Metal-Clad Products, becoming the 30th largest importer of Metal-Clad Products in the world. At the same year, Metal-Clad Products was the 969th most imported product in South Korea. South Korea imports Metal-Clad Products primarily from: China ($6M), Japan ($676k), Italy ($309k), Thailand ($222k), and United Kingdom ($160k).

The fastest growing import markets in Metal-Clad Products for South Korea between 2021 and 2022 were China ($2.36M), Thailand ($124k), and Italy ($81.8k).

Latest Trends

March 2024

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Overview In March 2024 South Korea's Metal-Clad Products exports accounted up to $63.8M and imports accounted up to $193k, resulting in a positive trade balance of $63.6M. Between March 2023 and March 2024 the exports of South Korea's Metal-Clad Products have increased by $63.6M (41.3k%) from $154k to $63.8M, while imports decreased by $-248k (-56.2%) from $441k to $193k.

Destinations In March 2024, Metal-Clad Products were exported mostly to Hong Kong ($63.7M), Netherlands ($18k), Japan ($1k), United Kingdom ($1k), and China ($0), and were imported mostly from China ($85k), Italy ($39k), United States ($23k), Brazil ($15k), and France ($13k).

Growth In March 2024, the increase in Metal-Clad Products's year-by-year exports was explained primarily by an increase in exports to United States ($19k or 950%). In March 2024, the decrease in Metal-Clad Products's year-by-year imports was explained primarily by a decrease in imports from China ($-667k or -86.4%), Thailand ($-10k or -90.9%), and Japan ($-7k or -87.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$63.6M(41.3k%)

IMPORT GROWTH (March 2023 - March 2024)$-248k(-56.2%)

MAIN DESTINATION (March 2024)Hong Kong$63.7M

This section shows Metal-Clad Products'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 Metal-Clad Products over time.

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