2023
Exports
$792MWorld Rnk 3 / 167
Flag Rnk 108 / 1188
2023
PRODUCT COMPLEXITY IN Plastic Floor Coverings
0.81Rnk 250 / 1025
2023
Imports
$125MWorld Rnk 16 / 223
Flag Rnk 432 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $792M in Plastic Floor Coverings, making it the 3rd largest exporter of Plastic Floor Coverings in the world. At the same year, Plastic Floor Coverings was the 108th most exported product in South Korea. The main destination of Plastic Floor Coverings exports from South Korea are: United States ($490M), Canada ($46.1M), Australia ($46M), United Kingdom ($25.9M), and Japan ($24.7M).

The fastest growing export markets for Plastic Floor Coverings of South Korea between 2022 and 2023 were Japan ($1.86M), Poland ($813k), and Ireland ($543k).

Imports In 2023, South Korea imported $125M in Plastic Floor Coverings, becoming the 16th largest importer of Plastic Floor Coverings in the world. At the same year, Plastic Floor Coverings was the 432nd most imported product in South Korea. South Korea imports Plastic Floor Coverings primarily from: China ($98.7M), United States ($7.26M), France ($6.34M), Chinese Taipei ($4.28M), and Sweden ($2.06M).

The fastest growing import markets in Plastic Floor Coverings for South Korea between 2022 and 2023 were China ($28.7M), United States ($5.9M), and Chinese Taipei ($3.15M).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-4.39M(-7.48%)
IMPORT GROWTH (January 2024 - January 2025)$381k(8.43%)
MAIN DESTINATION (January 2025)United States$38.4M

This section shows Plastic Floor Coverings'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 Plastic Floor Coverings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$792M
IMPORTS (2023)$125M
NET TRADE (2023)$666M

In 2023, South Korea exported $792M in Plastic Floor Coverings. The main destinations of South Korea exports on Plastic Floor Coverings were United States ($490M), Canada ($46.1M), Australia ($46M), United Kingdom ($25.9M), and Japan ($24.7M).

In 2023, South Korea imported $125M in Plastic Floor Coverings, mainly from China ($98.7M), United States ($7.26M), France ($6.34M), Chinese Taipei ($4.28M), and Sweden ($2.06M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastic Floor Coverings EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Japan$1.86M (8.14%)
Poland$813k (26.9%)
Ireland$543k (88.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Floor Coverings BY South Korea WERE (2022 - 2023):
United States-$165M (-25.2%)
Australia-$19.3M (-29.5%)
Netherlands-$14.8M (-40.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Plastic Floor Coverings were:
China $5.96B
Vietnam $1.16B
In 2023, South Korea's main importing competitors in Plastic Floor Coverings were:

Explore Visualizations

Trade Value of Plastic Floor Coverings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.53M
TOP IMPORT POTENTIALChina+ $27.2M

Plastic Floor Coverings’s highest export potential is Germany. With an export gap of $8.53M.   Plastic Floor Coverings’s highest import potential is China with an import gap of $27.2M.

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