2023
Exports
$137MWorld Rnk 20 / 151
Flag Rnk 305 / 1188
2023
PRODUCT COMPLEXITY IN Other Coloring Matter
0.52Rnk 361 / 1025
2023
Imports
$398MWorld Rnk 10 / 207
Flag Rnk 201 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $137M in Other Coloring Matter, making it the 20th largest exporter of Other Coloring Matter in the world. At the same year, Other Coloring Matter was the 305th most exported product in South Korea. The main destination of Other Coloring Matter exports from South Korea are: China ($40.5M), United States ($17.7M), Indonesia ($9.88M), Japan ($9.82M), and Thailand ($7.91M).

The fastest growing export markets for Other Coloring Matter of South Korea between 2022 and 2023 were Thailand ($3.53M), China ($3.46M), and India ($2.12M).

Imports In 2023, South Korea imported $398M in Other Coloring Matter, becoming the 10th largest importer of Other Coloring Matter in the world. At the same year, Other Coloring Matter was the 201st most imported product in South Korea. South Korea imports Other Coloring Matter primarily from: China ($211M), Japan ($43.2M), Australia ($36.1M), Germany ($23.5M), and United States ($19.1M).

The fastest growing import markets in Other Coloring Matter for South Korea between 2022 and 2023 were Hong Kong ($606k), Singapore ($544k), and Indonesia ($445k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$830k(6.11%)
IMPORT GROWTH (December 2023 - December 2024)$4.52M(14.8%)
MAIN DESTINATION (December 2024)China$4.27M

This section shows Other Coloring Matter'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 Other Coloring Matter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$137M
IMPORTS (2023)$398M
NET TRADE (2023)-$261M

In 2023, South Korea exported $137M in Other Coloring Matter. The main destinations of South Korea exports on Other Coloring Matter were China ($40.5M), United States ($17.7M), Indonesia ($9.88M), Japan ($9.82M), and Thailand ($7.91M).

In 2023, South Korea imported $398M in Other Coloring Matter, mainly from China ($211M), Japan ($43.2M), Australia ($36.1M), Germany ($23.5M), and United States ($19.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Coloring Matter EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Thailand$3.53M (80.7%)
China$3.46M (9.37%)
India$2.12M (39.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Coloring Matter BY South Korea WERE (2022 - 2023):
Vietnam-$25.5M (-100%)
United States-$5.46M (-23.5%)
Switzerland-$2.87M (-97.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Other Coloring Matter were:
In 2023, South Korea's main importing competitors in Other Coloring Matter were:

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Trade Value of Other Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.89M
TOP IMPORT POTENTIALChina+ $28.9M

Other Coloring Matter’s highest export potential is China. With an export gap of $9.89M.   Other Coloring Matter’s highest import potential is China with an import gap of $28.9M.

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