2023
Exports
$10.3MWorld Rnk 15 / 131
Flag Rnk 689 / 1188
2023
PRODUCT COMPLEXITY IN Quartz
-1.04Rnk 841 / 1025
2023
Imports
$12.9MWorld Rnk 19 / 186
Flag Rnk 862 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $10.3M in Quartz, making it the 15th largest exporter of Quartz in the world. At the same year, Quartz was the 689th most exported product in South Korea. The main destination of Quartz exports from South Korea are: China ($6.88M), United States ($2.52M), Japan ($570k), Malaysia ($257k), and Singapore ($50.5k).

The fastest growing export markets for Quartz of South Korea between 2022 and 2023 were China ($1.29M), United States ($673k), and Singapore ($46.1k).

Imports In 2023, South Korea imported $12.9M in Quartz, becoming the 19th largest importer of Quartz in the world. At the same year, Quartz was the 862nd most imported product in South Korea. South Korea imports Quartz primarily from: India ($6.57M), China ($4.3M), Turkey ($1.04M), Sri Lanka ($421k), and Germany ($333k).

The fastest growing import markets in Quartz for South Korea between 2022 and 2023 were Norway ($29.4k), Japan ($18.5k), and Sri Lanka ($9.82k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-59k(-15.1%)
IMPORT GROWTH (December 2023 - December 2024)$327k(29.1%)
MAIN DESTINATION (December 2024)United States$193k

This section shows Quartz'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 Quartz over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$10.3M
IMPORTS (2023)$12.9M
NET TRADE (2023)-$2.59M

In 2023, South Korea exported $10.3M in Quartz. The main destinations of South Korea exports on Quartz were China ($6.88M), United States ($2.52M), Japan ($570k), Malaysia ($257k), and Singapore ($50.5k).

In 2023, South Korea imported $12.9M in Quartz, mainly from India ($6.57M), China ($4.3M), Turkey ($1.04M), Sri Lanka ($421k), and Germany ($333k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Quartz EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
China$1.29M (23%)
United States$673k (36.4%)
Singapore$46.1k (1.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Quartz BY South Korea WERE (2022 - 2023):
United Kingdom-$642k (-99.2%)
Japan-$488k (-46.1%)
Vietnam-$212k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Quartz were:
India $262M
China $224M
In 2023, South Korea's main importing competitors in Quartz were:
China $497M
Japan $103M
Norway $95.5M

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Trade Value of Quartz by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $605k
TOP IMPORT POTENTIALChina+ $1.23M

Quartz’s highest export potential is China. With an export gap of $605k.   Quartz’s highest import potential is China with an import gap of $1.23M.

See methodology.

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