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Exports In 2022, South Korea exported $13.7M in Precious metal compounds except gold, silver, amalgam, making it the 20th largest exporter of Precious metal compounds except gold, silver, amalgam in the world. At the same year, Precious metal compounds except gold, silver, amalgam was the 1564th most exported product in South Korea. The main destination of Precious metal compounds except gold, silver, amalgam exports from South Korea are: China ($10.4M), United Arab Emirates ($1.68M), Germany ($595k), Japan ($377k), and Vietnam ($132k).

The fastest growing export markets for Precious metal compounds except gold, silver, amalgam of South Korea between 2021 and 2022 were China ($6.7M), United Arab Emirates ($705k), and Canada ($75.3k).

Imports In 2022, South Korea imported $140M in Precious metal compounds except gold, silver, amalgam, becoming the 17th largest importer of Precious metal compounds except gold, silver, amalgam in the world. At the same year, Precious metal compounds except gold, silver, amalgam was the 556th most imported product in South Korea. South Korea imports Precious metal compounds except gold, silver, amalgam primarily from: Germany ($78.1M), United States ($33.5M), Japan ($22.1M), China ($5.44M), and Netherlands ($208k).

The fastest growing import markets in Precious metal compounds except gold, silver, amalgam for South Korea between 2021 and 2022 were China ($1.21M), Netherlands ($88.6k), and Hong Kong ($74.1k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Precious metal compounds except gold, silver, amalgam from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Precious metal compounds except gold, silver, amalgam. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.7M
IMPORTS (2022)$140M
NET TRADE (2022)-$126M

In 2022, South Korea exported $13.7M in Precious metal compounds except gold, silver, amalgam. The main destinations of South Korea exports on Precious metal compounds except gold, silver, amalgam were China ($10.4M), United Arab Emirates ($1.68M), Germany ($595k), Japan ($377k), and Vietnam ($132k).

In 2022, South Korea imported $140M in Precious metal compounds except gold, silver, amalgam, mainly from Germany ($78.1M), United States ($33.5M), Japan ($22.1M), China ($5.44M), and Netherlands ($208k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious metal compounds except gold, silver, amalgam EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$6.7M (182%)
Canada$75.3k (378%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious metal compounds except gold, silver, amalgam BY South Korea WERE (2021 - 2022):
United States-$72.3k (-56.3%)
Hong Kong-$62.5k (-88.7%)
Algeria-$23k (-18.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Precious metal compounds except gold, silver, amalgam were:
In 2022, South Korea's main importing competitors in Precious metal compounds except gold, silver, amalgam were:

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Trade Value of Precious metal compounds except gold, silver, amalgam by Exporters

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