2022
Exports
$8.02MWorld Rnk 12 / 133
Flag Rnk 761 / 1204
2022
Imports
$700kWorld Rnk 23 / 119
Flag Rnk 1152 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $8.02M in Other Ores, making it the 12th largest exporter of Other Ores in the world. At the same year, Other Ores was the 761st most exported product in South Korea. The main destination of Other Ores exports from South Korea are: Oman ($8.01M), China ($6.09k), Indonesia ($3.85k), Netherlands ($600), and Chile ($401).

The fastest growing export markets for Other Ores of South Korea between 2021 and 2022 were Oman ($8.01M), China ($6.09k), and Netherlands ($600).

Imports In 2022, South Korea imported $700k in Other Ores, becoming the 23rd largest importer of Other Ores in the world. At the same year, Other Ores was the 1152nd most imported product in South Korea. South Korea imports Other Ores primarily from: Italy ($605k), United States ($49.1k), Australia ($32.9k), China ($8.47k), and Japan ($3.59k).

The fastest growing import markets in Other Ores for South Korea between 2021 and 2022 were Italy ($247k), United States ($46.3k), and Hong Kong ($1.45k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)$1k(N/A%)
IMPORT GROWTH (June 2023 - July 2024)$-1k(-100%)
MAIN DESTINATION (July 2024)Japan$1k

This section shows Other Ores'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 Ores over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.02M
IMPORTS (2022)$700k
NET TRADE (2022)$7.32M

In 2022, South Korea exported $8.02M in Other Ores. The main destinations of South Korea exports on Other Ores were Oman ($8.01M), China ($6.09k), Indonesia ($3.85k), Netherlands ($600), and Chile ($401).

In 2022, South Korea imported $700k in Other Ores, mainly from Italy ($605k), United States ($49.1k), Australia ($32.9k), China ($8.47k), and Japan ($3.59k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Ores EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Oman$8.01M (1%)
China$6.09k (1%)
Netherlands$600 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Ores BY South Korea WERE (2021 - 2022):
Indonesia-$31.6k (-89.1%)
Australia-$120 (-100%)
Canada-$47 (-38.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Other Ores were:
In 2022, South Korea's main importing competitors in Other Ores were:

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Trade Value of Other Ores by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $44.8k
TOP IMPORT POTENTIALAustralia+ $43.3k

Other Ores’s highest export potential is China. With an export gap of $44.8k.   Other Ores’s highest import potential is Australia with an import gap of $43.3k.

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