Sign In
Pricing

2022
Exports $1.02MWorld Rnk 20 / 111
Flag Rnk 982 / 1204
2022
Destination $499k Spain
2021 - 2022
FASTEST GROWING MARKET $499kSpain
2022
PRODUCT COMPLEXITY IN Rubber Thread0.38Rnk 414 / 1025
2022
Imports $12.7MWorld Rnk 11 / 194
Flag Rnk 901 / 1213
2022
Origin $42.8k Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $42.8kVietnam
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.02M in Rubber Thread, making it the 20th largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 982nd most exported product in South Korea. The main destination of Rubber Thread exports from South Korea are: Spain ($500k), Vietnam ($178k), Bangladesh ($121k), Indonesia ($109k), and China ($46.9k).

The fastest growing export markets for Rubber Thread of South Korea between 2021 and 2022 were Spain ($499k), Vietnam ($38.8k), and Japan ($24.1k).

Imports In 2022, South Korea imported $12.7M in Rubber Thread, becoming the 11th largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 901st most imported product in South Korea. South Korea imports Rubber Thread primarily from: Malaysia ($6.4M), Thailand ($5.49M), India ($475k), China ($279k), and Vietnam ($69.6k).

The fastest growing import markets in Rubber Thread for South Korea between 2021 and 2022 were Vietnam ($42.8k), Germany ($9.12k), and Italy ($3.91k).

Latest Trends

November 2024

About

Overview In November 2024 South Korea's Rubber Thread exports accounted up to $9k and imports accounted up to $720k, resulting in a negative trade balance of $711k. Between November 2023 and November 2024 the exports of South Korea's   Rubber Thread have increased by $2k (28.6%) from $7k to $9k, while imports decreased by $-91k (-11.2%) from $811k to $720k.

Destinations In November 2024, Rubber Thread were exported mostly to Indonesia ($5k), Burma ($3k), Hong Kong ($1k), China ($0), and India ($0), and were imported mostly from Malaysia ($336k), Thailand ($304k), China ($68k), India ($11k), and Japan ($1k).

Growth In November 2024, the increase in Rubber Thread's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Rubber Thread's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-183k or -31.4%), Malaysia ($-56k or -14.1%), and China ($-19k or -50%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$2k(28.6%)
IMPORT GROWTH (November 2023 - November 2024)$-91k(-11.2%)
MAIN DESTINATION (November 2024)Indonesia$5k

This section shows Rubber Thread'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 Rubber Thread over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.02M
IMPORTS (2022)$12.7M
NET TRADE (2022)-$11.7M

In 2022, South Korea exported $1.02M in Rubber Thread. The main destinations of South Korea exports on Rubber Thread were Spain ($500k), Vietnam ($178k), Bangladesh ($121k), Indonesia ($109k), and China ($46.9k).

In 2022, South Korea imported $12.7M in Rubber Thread, mainly from Malaysia ($6.4M), Thailand ($5.49M), India ($475k), China ($279k), and Vietnam ($69.6k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Spain$499k (29.2k%)
Vietnam$38.8k (27.8%)
Japan$24.1k (1.15k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY South Korea WERE (2021 - 2022):
Bangladesh-$84.6k (-41.2%)
Guatemala-$47.6k (-100%)
China-$24.8k (-34.6%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Rubber Thread were:
Thailand $386M
Malaysia $168M
China $107M
In 2022, South Korea's main importing competitors in Rubber Thread were:
China $308M
Bangladesh $45.3M
Vietnam $28.1M

Explore Visualizations

Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $131k
TOP IMPORT POTENTIALChina+ $559k

Rubber Thread’s highest export potential is China. With an export gap of $131k.   Rubber Thread’s highest import potential is China with an import gap of $559k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms