2023
Exports
$414MWorld Rnk 18 / 216
Flag Rnk 168 / 1188
2023
PRODUCT COMPLEXITY IN Plastic Pipes
0.1Rnk 518 / 1025
2023
Imports
$335MWorld Rnk 28 / 225
Flag Rnk 223 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $414M in Plastic Pipes, making it the 18th largest exporter of Plastic Pipes in the world. At the same year, Plastic Pipes was the 168th most exported product in South Korea. The main destination of Plastic Pipes exports from South Korea are: China ($86.6M), United States ($84.6M), Japan ($26.6M), Chinese Taipei ($16.9M), and Germany ($16.7M).

The fastest growing export markets for Plastic Pipes of South Korea between 2022 and 2023 were Chinese Taipei ($10.8M), Mexico ($7.45M), and China ($6.6M).

Imports In 2023, South Korea imported $335M in Plastic Pipes, becoming the 28th largest importer of Plastic Pipes in the world. At the same year, Plastic Pipes was the 223rd most imported product in South Korea. South Korea imports Plastic Pipes primarily from: China ($84.9M), United States ($59.6M), Japan ($36.4M), Austria ($27.7M), and Germany ($22.5M).

The fastest growing import markets in Plastic Pipes for South Korea between 2022 and 2023 were China ($24M), Czechia ($3.37M), and Poland ($1.62M).

COMPANIES In 2024, leading companies such as PACCAR Engine (7), Samsung (3), and ZF Friedrichshafen (2) were at the forefront of shipping Plastic Pipes from South Korea to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-13.9M(-33.6%)
IMPORT GROWTH (January 2024 - January 2025)$-3.44M(-10.7%)
MAIN DESTINATION (January 2025)United States$3.78M

This section shows Plastic Pipes'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 Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$414M
IMPORTS (2023)$335M
NET TRADE (2023)$79M

In 2023, South Korea exported $414M in Plastic Pipes. The main destinations of South Korea exports on Plastic Pipes were China ($86.6M), United States ($84.6M), Japan ($26.6M), Chinese Taipei ($16.9M), and Germany ($16.7M).

In 2023, South Korea imported $335M in Plastic Pipes, mainly from China ($84.9M), United States ($59.6M), Japan ($36.4M), Austria ($27.7M), and Germany ($22.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastic Pipes EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Chinese Taipei$10.8M (178%)
Mexico$7.45M (96%)
China$6.6M (8.25%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Pipes BY South Korea WERE (2022 - 2023):
Vietnam-$28.8M (-100%)
Burma-$10.8M (-77.9%)
Netherlands-$10.8M (-61.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Plastic Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $21.7M
TOP IMPORT POTENTIALChina+ $35.5M

Plastic Pipes’s highest export potential is China. With an export gap of $21.7M.   Plastic Pipes’s highest import potential is China with an import gap of $35.5M.

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