2022
Exports
$438MWorld Rnk 9 / 154
Flag Rnk 172 / 1204
2022
PRODUCT COMPLEXITY IN Non-Iron and Steel Slag, Ash and Residues
-0.18Rnk 611 / 1025
2022
Imports
$1BWorld Rnk 6 / 149
Flag Rnk 104 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $438M in Non-Iron and Steel Slag, Ash and Residues, making it the 9th largest exporter of Non-Iron and Steel Slag, Ash and Residues in the world. At the same year, Non-Iron and Steel Slag, Ash and Residues was the 172nd most exported product in South Korea. The main destination of Non-Iron and Steel Slag, Ash and Residues exports from South Korea are: Singapore ($144M), Japan ($122M), Germany ($121M), United States ($13.8M), and Italy ($9.75M).

The fastest growing export markets for Non-Iron and Steel Slag, Ash and Residues of South Korea between 2021 and 2022 were Germany ($49.3M), Singapore ($13.1M), and Japan ($1.87M).

Imports In 2022, South Korea imported $1B in Non-Iron and Steel Slag, Ash and Residues, becoming the 6th largest importer of Non-Iron and Steel Slag, Ash and Residues in the world. At the same year, Non-Iron and Steel Slag, Ash and Residues was the 104th most imported product in South Korea. South Korea imports Non-Iron and Steel Slag, Ash and Residues primarily from: Japan ($169M), Australia ($153M), United Arab Emirates ($125M), Germany ($121M), and Spain ($109M).

The fastest growing import markets in Non-Iron and Steel Slag, Ash and Residues for South Korea between 2021 and 2022 were United Arab Emirates ($114M), Chile ($18.1M), and Germany ($17.8M).

COMPANIES In 2023, leading companies such as General Motors (141), Yokohama Industries (65), and Nexen Tire (60) were at the forefront of shipping Non-Iron and Steel Slag, Ash and Residues from South Korea to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$6.9M(1.94k%)
IMPORT GROWTH (September 2023 - September 2024)$5.8M(73.3%)
MAIN DESTINATION (September 2024)Germany$7.16M

This section shows Non-Iron and Steel Slag, Ash and Residues'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 Non-Iron and Steel Slag, Ash and Residues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$438M
IMPORTS (2022)$1B
NET TRADE (2022)-$564M

In 2022, South Korea exported $438M in Non-Iron and Steel Slag, Ash and Residues. The main destinations of South Korea exports on Non-Iron and Steel Slag, Ash and Residues were Singapore ($144M), Japan ($122M), Germany ($121M), United States ($13.8M), and Italy ($9.75M).

In 2022, South Korea imported $1B in Non-Iron and Steel Slag, Ash and Residues, mainly from Japan ($169M), Australia ($153M), United Arab Emirates ($125M), Germany ($121M), and Spain ($109M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Iron and Steel Slag, Ash and Residues EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Germany$49.3M (68.6%)
Singapore$13.1M (10%)
Japan$1.87M (1.55%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Iron and Steel Slag, Ash and Residues BY South Korea WERE (2021 - 2022):
United States-$25.8M (-65.1%)
Belgium-$7.52M (-46.8%)
United Kingdom-$5.92M (-40.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Non-Iron and Steel Slag, Ash and Residues were:
In 2022, South Korea's main importing competitors in Non-Iron and Steel Slag, Ash and Residues were:
Germany $3.12B
Japan $2.86B
Belgium $2.56B

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Trade Value of Non-Iron and Steel Slag, Ash and Residues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.67M
TOP IMPORT POTENTIALUnited States+ $2.99M

Non-Iron and Steel Slag, Ash and Residues’s highest export potential is China. With an export gap of $1.67M.   Non-Iron and Steel Slag, Ash and Residues’s highest import potential is United States with an import gap of $2.99M.

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