2022
Exports
$4.5MWorld Rnk 34 / 147
Flag Rnk 2217 / 4439
falsefalseN/A
2022
Imports
$57.2MWorld Rnk 8 / 208
Flag Rnk 1114 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

The fastest growing export markets for Silica sands and quartz sands of South Korea between 2021 and 2022 were United States ($1.55M), Bangladesh ($249k), and Japan ($238k).

Imports In 2022, South Korea imported $57.2M in Silica sands and quartz sands, becoming the 8th largest importer of Silica sands and quartz sands in the world. At the same year, Silica sands and quartz sands was the 1114th most imported product in South Korea. South Korea imports Silica sands and quartz sands primarily from: Australia ($41.1M), Vietnam ($9.89M), Chinese Taipei ($1.37M), Belgium ($1.29M), and Egypt ($1.1M).

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 Silica sands and quartz sands from South Korea to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
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 Silica sands and quartz sands. 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)$4.5M
IMPORTS (2022)$57.2M
NET TRADE (2022)-$52.7M

In 2022, South Korea imported $57.2M in Silica sands and quartz sands, mainly from Australia ($41.1M), Vietnam ($9.89M), Chinese Taipei ($1.37M), Belgium ($1.29M), and Egypt ($1.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silica sands and quartz sands EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$1.55M (111%)
Bangladesh$249k (1%)
Japan$238k (50.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silica sands and quartz sands BY South Korea WERE (2021 - 2022):
Singapore-$85.8k (-96.3%)
Chinese Taipei-$66k (-96.9%)
Maldives-$29.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Silica sands and quartz sands were:
In 2022, South Korea's main importing competitors in Silica sands and quartz sands were:
China $297M
Japan $148M

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Trade Value of Silica sands and quartz sands by Exporters

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