2023
Exports
$1.3MWorld Rnk 60 / 156
Flag Rnk 932 / 1188
2023
PRODUCT COMPLEXITY IN Plaster Articles
-0.26Rnk 633 / 1025
2023
Imports
$10.4MWorld Rnk 62 / 222
Flag Rnk 893 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $1.3M in Plaster Articles, making it the 60th largest exporter of Plaster Articles in the world. At the same year, Plaster Articles was the 932nd most exported product in South Korea. The main destination of Plaster Articles exports from South Korea are: Chinese Taipei ($706k), Saudi Arabia ($146k), New Zealand ($139k), Sri Lanka ($80.1k), and United Kingdom ($49.3k).

The fastest growing export markets for Plaster Articles of South Korea between 2022 and 2023 were Saudi Arabia ($102k), Sri Lanka ($79.9k), and New Zealand ($70k).

Imports In 2023, South Korea imported $10.4M in Plaster Articles, becoming the 62nd largest importer of Plaster Articles in the world. At the same year, Plaster Articles was the 893rd most imported product in South Korea. South Korea imports Plaster Articles primarily from: China ($7.28M), Germany ($1.74M), Denmark ($317k), United States ($305k), and Japan ($213k).

The fastest growing import markets in Plaster Articles for South Korea between 2022 and 2023 were China ($5.34M), Denmark ($163k), and Japan ($23.7k).

COMPANIES In 2024, leading companies such as Samsung (28) were at the forefront of shipping Plaster Articles from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-71k(-72.4%)
IMPORT GROWTH (December 2023 - December 2024)$195k(11.3%)
MAIN DESTINATION (December 2024)Mongolia$21k

This section shows Plaster Articles'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 Plaster Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.3M
IMPORTS (2023)$10.4M
NET TRADE (2023)-$9.1M

In 2023, South Korea exported $1.3M in Plaster Articles. The main destinations of South Korea exports on Plaster Articles were Chinese Taipei ($706k), Saudi Arabia ($146k), New Zealand ($139k), Sri Lanka ($80.1k), and United Kingdom ($49.3k).

In 2023, South Korea imported $10.4M in Plaster Articles, mainly from China ($7.28M), Germany ($1.74M), Denmark ($317k), United States ($305k), and Japan ($213k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plaster Articles EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Saudi Arabia$102k (233%)
Sri Lanka$79.9k (50.6k%)
New Zealand$70k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plaster Articles BY South Korea WERE (2022 - 2023):
Chinese Taipei-$1.13M (-61.6%)
United States-$404k (-98.7%)
Vietnam-$255k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Plaster Articles were:
In 2023, South Korea's main importing competitors in Plaster Articles were:

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Trade Value of Plaster Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $265k
TOP IMPORT POTENTIALChina+ $1.07M

Plaster Articles’s highest export potential is United States. With an export gap of $265k.   Plaster Articles’s highest import potential is China with an import gap of $1.07M.

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