2022
Exports
$65.1MWorld Rnk 4 / 77
Flag Rnk 443 / 1204
2022
PRODUCT COMPLEXITY IN Platinum Clad Metals
-0.42Rnk 680 / 1025
2022
Imports
$402kWorld Rnk 23 / 112
Flag Rnk 1170 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $65.1M in Platinum Clad Metals, making it the 4th largest exporter of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 443rd most exported product in South Korea. The main destination of Platinum Clad Metals exports from South Korea are: Philippines ($64.9M), Vietnam ($156k), Hong Kong ($39k), China ($10.6k), and Japan ($1.89k).

The fastest growing export markets for Platinum Clad Metals of South Korea between 2021 and 2022 were Philippines ($2.85M), Hong Kong ($39k), and Japan ($1.89k).

Imports In 2022, South Korea imported $402k in Platinum Clad Metals, becoming the 23rd largest importer of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 1170th most imported product in South Korea. South Korea imports Platinum Clad Metals primarily from: Japan ($333k), United Kingdom ($63.2k), Italy ($4.91k), and China ($509).

The fastest growing import markets in Platinum Clad Metals for South Korea between 2021 and 2022 were Japan ($157k), United Kingdom ($63.2k), and Italy ($4.78k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - October 2024)$98k(9.8k%)
IMPORT GROWTH (July 2023 - October 2024)$-4k(-100%)
MAIN DESTINATION (October 2024)Mexico$99k

This section shows Platinum Clad Metals'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 Platinum Clad Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$65.1M
IMPORTS (2022)$402k
NET TRADE (2022)$64.7M

In 2022, South Korea exported $65.1M in Platinum Clad Metals. The main destinations of South Korea exports on Platinum Clad Metals were Philippines ($64.9M), Vietnam ($156k), Hong Kong ($39k), China ($10.6k), and Japan ($1.89k).

In 2022, South Korea imported $402k in Platinum Clad Metals, mainly from Japan ($333k), United Kingdom ($63.2k), Italy ($4.91k), and China ($509).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum Clad Metals EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Philippines$2.85M (4.6%)
Hong Kong$39k (1%)
Japan$1.89k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum Clad Metals BY South Korea WERE (2021 - 2022):
Vietnam-$65.8k (-29.7%)
China-$31.5k (-74.8%)
Australia-$7.73k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Platinum Clad Metals were:
In 2022, South Korea's main importing competitors in Platinum Clad Metals were:

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Trade Value of Platinum Clad Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $22.3k
TOP IMPORT POTENTIALItaly+ $2.85k

Platinum Clad Metals’s highest export potential is China. With an export gap of $22.3k.   Platinum Clad Metals’s highest import potential is Italy with an import gap of $2.85k.

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