2023
Exports
$1.07BWorld Rnk 5 / 176
Flag Rnk 85 / 1188
2023
PRODUCT COMPLEXITY IN Metal Molds
1.34Rnk 70 / 1025
2023
Imports
$133MWorld Rnk 28 / 215
Flag Rnk 415 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $1.07B in Metal Molds, making it the 5th largest exporter of Metal Molds in the world. At the same year, Metal Molds was the 85th most exported product in South Korea. The main destination of Metal Molds exports from South Korea are: Japan ($191M), Mexico ($179M), India ($174M), United States ($128M), and China ($69.9M).

The fastest growing export markets for Metal Molds of South Korea between 2022 and 2023 were Czechia ($40M), Mexico ($28.7M), and Poland ($17.3M).

Imports In 2023, South Korea imported $133M in Metal Molds, becoming the 28th largest importer of Metal Molds in the world. At the same year, Metal Molds was the 415th most imported product in South Korea. South Korea imports Metal Molds primarily from: China ($86.9M), Japan ($9.54M), Canada ($8.6M), India ($5M), and Malaysia ($4.07M).

The fastest growing import markets in Metal Molds for South Korea between 2022 and 2023 were China ($7.98M), Czechia ($1.65M), and Canada ($1.48M).

COMPANIES In 2024, leading companies such as Samsung (15), LG Electronics (9), and Stihl (3) were at the forefront of shipping Metal Molds from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$9.64M(7.14%)
IMPORT GROWTH (December 2023 - December 2024)$10.6M(75.5%)
MAIN DESTINATION (December 2024)Mexico$31M

This section shows Metal Molds'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 Molds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.07B
IMPORTS (2023)$133M
NET TRADE (2023)$938M

In 2023, South Korea exported $1.07B in Metal Molds. The main destinations of South Korea exports on Metal Molds were Japan ($191M), Mexico ($179M), India ($174M), United States ($128M), and China ($69.9M).

In 2023, South Korea imported $133M in Metal Molds, mainly from China ($86.9M), Japan ($9.54M), Canada ($8.6M), India ($5M), and Malaysia ($4.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Molds EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Czechia$40M (668%)
Mexico$28.7M (19.1%)
Poland$17.3M (45.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Molds BY South Korea WERE (2022 - 2023):
Vietnam-$122M (-100%)
Japan-$43.5M (-18.5%)
Brazil-$16.5M (-62.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Metal Molds were:
China $6.33B
Germany $1.49B
Canada $1.41B
In 2023, South Korea's main importing competitors in Metal Molds were:

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Trade Value of Metal Molds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32.2M
TOP IMPORT POTENTIALChina+ $30.1M

Metal Molds’s highest export potential is United States. With an export gap of $32.2M.   Metal Molds’s highest import potential is China with an import gap of $30.1M.

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