2022
Exports
$4.14MWorld Rnk 29 / 123
Flag Rnk 854 / 1204
2022
PRODUCT COMPLEXITY IN Scrap Lead
-1.24Rnk 893 / 1025
2022
Imports
$45.9MWorld Rnk 5 / 86
Flag Rnk 689 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $4.14M in Scrap Lead, making it the 29th largest exporter of Scrap Lead in the world. At the same year, Scrap Lead was the 854th most exported product in South Korea. The main destination of Scrap Lead exports from South Korea are: Malaysia ($3.39M), India ($611k), Bangladesh ($95.7k), and Canada ($46.5k).

The fastest growing export markets for Scrap Lead of South Korea between 2021 and 2022 were Malaysia ($3.39M), India ($402k), and Bangladesh ($95.7k).

Imports In 2022, South Korea imported $45.9M in Scrap Lead, becoming the 5th largest importer of Scrap Lead in the world. At the same year, Scrap Lead was the 689th most imported product in South Korea. South Korea imports Scrap Lead primarily from: Australia ($25.5M), United States ($5.34M), Canada ($3.85M), El Salvador ($3.69M), and Kuwait ($2.41M).

The fastest growing import markets in Scrap Lead for South Korea between 2021 and 2022 were Australia ($7.67M), Canada ($3.85M), and United States ($2.52M).

COMPANIES In 2023, leading companies such as Kubota (1) were at the forefront of shipping Scrap Lead from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-101k(-100%)
IMPORT GROWTH (July 2023 - July 2024)$-117k(-58.8%)
MAIN DESTINATION (July 2024)Libya$0

This section shows Scrap Lead'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 Scrap Lead over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.14M
IMPORTS (2022)$45.9M
NET TRADE (2022)-$41.8M

In 2022, South Korea exported $4.14M in Scrap Lead. The main destinations of South Korea exports on Scrap Lead were Malaysia ($3.39M), India ($611k), Bangladesh ($95.7k), and Canada ($46.5k).

In 2022, South Korea imported $45.9M in Scrap Lead, mainly from Australia ($25.5M), United States ($5.34M), Canada ($3.85M), El Salvador ($3.69M), and Kuwait ($2.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Lead EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$3.39M (1%)
India$402k (193%)
Bangladesh$95.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Lead BY South Korea WERE (2021 - 2022):
Thailand-$328k (-100%)
Canada-$158k (-77.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Scrap Lead were:
In 2022, South Korea's main importing competitors in Scrap Lead were:

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Trade Value of Scrap Lead by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $353k
TOP IMPORT POTENTIALUnited States+ $154k

Scrap Lead’s highest export potential is India. With an export gap of $353k.   Scrap Lead’s highest import potential is United States with an import gap of $154k.

See methodology.

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