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2022
Exports $11.9MWorld Rnk 10 / 127
Flag Rnk 706 / 1204
2022
Destination $3.99M Australia
2021 - 2022
FASTEST GROWING MARKET $3.99MAustralia
2022
Imports $6.63MWorld Rnk 20 / 197
Flag Rnk 988 / 1213
2022
Origin $877k Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $877kIndonesia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $11.9M in Other Lead Products, making it the 10th largest exporter of Other Lead Products in the world. At the same year, Other Lead Products was the 706th most exported product in South Korea. The main destination of Other Lead Products exports from South Korea are: Australia ($6.98M), Vietnam ($2.16M), Peru ($876k), Thailand ($449k), and China ($305k).

The fastest growing export markets for Other Lead Products of South Korea between 2021 and 2022 were Australia ($3.99M), Vietnam ($1.56M), and Peru ($343k).

Imports In 2022, South Korea imported $6.63M in Other Lead Products, becoming the 20th largest importer of Other Lead Products in the world. At the same year, Other Lead Products was the 988th most imported product in South Korea. South Korea imports Other Lead Products primarily from: Indonesia ($4.8M), Singapore ($626k), Japan ($315k), Netherlands ($207k), and China ($174k).

The fastest growing import markets in Other Lead Products for South Korea between 2021 and 2022 were Indonesia ($877k), Netherlands ($189k), and Italy ($11k).

COMPANIES In 2023, leading companies such as Hankook Tires (2) were at the forefront of shipping Other Lead Products from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Other Lead Products exports accounted up to $1.01M and imports accounted up to $1.01M, resulting in a negative trade balance of $2k. Between July 2023 and July 2024 the exports of South Korea's   Other Lead Products have increased by $773k (323%) from $239k to $1.01M, while imports increased by $549k (118%) from $465k to $1.01M.

Destinations In July 2024, Other Lead Products were exported mostly to Australia ($801k), Vietnam ($133k), China ($29k), Philippines ($24k), and United States ($14k), and were imported mostly from China ($763k), Japan ($105k), United States ($96k), Singapore ($42k), and Czechia ($3k).

Growth In July 2024, the increase in Other Lead Products's year-by-year exports was explained primarily by an increase in exports to Russia ($104k or 10.4k%) and Malaysia ($1k or 100%). In July 2024, the increase in Other Lead Products's year-by-year imports was explained primarily by an increase in imports from United States ($1k or 3.57%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$773k(323%)
IMPORT GROWTH (July 2023 - July 2024)$549k(118%)
MAIN DESTINATION (July 2024)Australia$801k

This section shows Other Lead 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 Other Lead Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.9M
IMPORTS (2022)$6.63M
NET TRADE (2022)$5.31M

In 2022, South Korea exported $11.9M in Other Lead Products. The main destinations of South Korea exports on Other Lead Products were Australia ($6.98M), Vietnam ($2.16M), Peru ($876k), Thailand ($449k), and China ($305k).

In 2022, South Korea imported $6.63M in Other Lead Products, mainly from Indonesia ($4.8M), Singapore ($626k), Japan ($315k), Netherlands ($207k), and China ($174k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Lead Products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Australia$3.99M (134%)
Vietnam$1.56M (256%)
Peru$343k (64.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Lead Products BY South Korea WERE (2021 - 2022):
Indonesia-$42.2k (-44.3%)
Cameroon-$32.9k (-100%)
India-$25.6k (-60.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Other Lead Products were:
Germany $50.6M
United States $32.9M
China $28.7M
In 2022, South Korea's main importing competitors in Other Lead Products were:
United States $41.1M
France $21.3M
Mexico $17.6M

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Trade Value of Other Lead Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $186k
TOP IMPORT POTENTIALChina+ $282k

Other Lead Products’s highest export potential is China. With an export gap of $186k.   Other Lead Products’s highest import potential is China with an import gap of $282k.

See methodology.

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