Sign In
Pricing

2022
Exports $1.66BWorld Rnk 13 / 222
Flag Rnk 31 / 96
2022
Destination $72.7M United States
2021 - 2022
FASTEST GROWING MARKET $72.7MUnited States
2022
PRODUCT COMPLEXITY IN Miscellaneous metal products0.85Rnk 226 / 1025
2022
Imports $951MWorld Rnk 26 / 224
Flag Rnk 60 / 96
2022
Origin $5.66M China
2021 - 2022
FASTEST GROWING ORIGIN $5.66MVietnam
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.66B in Miscellaneous metal products, making it the 13th largest exporter of Miscellaneous metal products in the world. At the same year, Miscellaneous metal products was the 31st most exported product in South Korea. The main destination of Miscellaneous metal products exports from South Korea are: United States ($520M), Mexico ($120M), Vietnam ($117M), China ($106M), and India ($85.1M).

The fastest growing export markets for Miscellaneous metal products of South Korea between 2021 and 2022 were United States ($72.7M), Mexico ($20.7M), and India ($10.6M).

Imports In 2022, South Korea imported $951M in Miscellaneous metal products, becoming the 26th largest importer of Miscellaneous metal products in the world. At the same year, Miscellaneous metal products was the 60th most imported product in South Korea. South Korea imports Miscellaneous metal products primarily from: China ($561M), Vietnam ($99.3M), United States ($64.3M), Germany ($56.1M), and Japan ($29.4M).

The fastest growing import markets in Miscellaneous metal products for South Korea between 2021 and 2022 were Vietnam ($5.66M), China ($4.83M), and Chinese Taipei ($3.05M).

COMPANIES In 2023, leading companies such as LG Electronics (80), General Motors (72), and ZF Friedrichshafen (40) were at the forefront of shipping Miscellaneous metal products from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Miscellaneous metal products exports accounted up to $148M and imports accounted up to $86.1M, resulting in a positive trade balance of $61.7M. Between October 2023 and October 2024 the exports of South Korea's   Miscellaneous metal products have increased by $25M (20.4%) from $123M to $148M, while imports increased by $10.1M (13.2%) from $76M to $86.1M.

Destinations In October 2024, Miscellaneous metal products were exported mostly to United States ($52.5M), Mexico ($12M), Czechia ($8.43M), Vietnam ($8.31M), and China ($7.77M), and were imported mostly from China ($46.2M), United States ($11.4M), Vietnam ($9.45M), Germany ($3.41M), and Japan ($2.8M).

Growth In October 2024, the increase in Miscellaneous metal products's year-by-year exports was explained primarily by an increase in exports to India ($2.01M or 36.9%), Samoa ($1.21M or 225%), and Czechia ($716k or 10.1%). In October 2024, the increase in Miscellaneous metal products's year-by-year imports was explained primarily by an increase in imports from France ($554k or 80.4%), Italy ($364k or 68.2%), and Thailand ($357k or 893%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$25M(20.4%)
IMPORT GROWTH (October 2023 - October 2024)$10.1M(13.2%)
MAIN DESTINATION (October 2024)United States$52.5M

This section shows Miscellaneous metal 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 Miscellaneous metal products over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.66B
IMPORTS (2022)$951M
NET TRADE (2022)$711M

In 2022, South Korea exported $1.66B in Miscellaneous metal products. The main destinations of South Korea exports on Miscellaneous metal products were United States ($520M), Mexico ($120M), Vietnam ($117M), China ($106M), and India ($85.1M).

In 2022, South Korea imported $951M in Miscellaneous metal products, mainly from China ($561M), Vietnam ($99.3M), United States ($64.3M), Germany ($56.1M), and Japan ($29.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Miscellaneous metal products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$72.7M (16.2%)
Mexico$20.7M (20.9%)
India$10.6M (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Miscellaneous metal products BY South Korea WERE (2021 - 2022):
Russia-$64M (-76.4%)
China-$17.5M (-14.2%)
Hong Kong-$15.6M (-52.5%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Miscellaneous metal products were:
China $30.1B
Germany $8.61B
United States $5.35B
In 2022, South Korea's main importing competitors in Miscellaneous metal products were:
United States $15.3B
Germany $5.98B
France $3.6B

Explore Visualizations

Trade Value of Miscellaneous metal products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $53.7M
TOP IMPORT POTENTIALChina+ $157M

Miscellaneous metal products’s highest export potential is China. With an export gap of $53.7M.   Miscellaneous metal products’s highest import potential is China with an import gap of $157M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms