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2022
Exports $11kWorld Rnk 62 / 131
Flag Rnk 4215 / 4439
falsefalseN/A
2021 - 2022
FASTEST GROWING MARKETfalseChina
2022
Imports $21.8kWorld Rnk 53 / 114
Flag Rnk 4422 / 4519
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

The fastest growing export markets for ores and concentrates nes of South Korea between 2021 and 2022 were China ($6.09k), Netherlands ($600), and Chile ($401).

Imports In 2022, South Korea imported $21.8k in ores and concentrates nes, becoming the 53rd largest importer of ores and concentrates nes in the world. At the same year, ores and concentrates nes was the 4422nd most imported product in South Korea. South Korea imports ores and concentrates nes primarily from: China ($8.47k), Italy ($7.88k), Japan ($3.59k), Hong Kong ($1.46k), and Uzbekistan ($184).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping ores and concentrates nes from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on ores and concentrates nes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11k
IMPORTS (2022)$21.8k
NET TRADE (2022)-$10.7k

In 2022, South Korea imported $21.8k in ores and concentrates nes, mainly from China ($8.47k), Italy ($7.88k), Japan ($3.59k), Hong Kong ($1.46k), and Uzbekistan ($184).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING ores and concentrates nes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$6.09k (1%)
Netherlands$600 (1%)
Chile$401 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF ores and concentrates nes BY South Korea WERE (2021 - 2022):
Indonesia-$31.6k (-89.1%)
Canada-$47 (-38.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in ores and concentrates nes were:
Democratic Republic of the Congo $72.1M
Canada $50.9M
Trinidad and Tobago $15.2M
In 2022, South Korea's main importing competitors in ores and concentrates nes were:
China $74.6M
Hong Kong $44.1M
Japan $17.6M

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Trade Value of ores and concentrates nes by Exporters

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