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Exports In 2022, South Korea exported N/A in Silicon carbide, making it the 32nd largest exporter of Silicon carbide in the world. At the same year, Silicon carbide was the 2628th most exported product in South Korea. The main destination of Silicon carbide exports from South Korea are: China ($1.09M), Chinese Taipei ($228k), United States ($206k), Japan ($160k), and Indonesia ($77.9k).

The fastest growing export markets for Silicon carbide of South Korea between 2021 and 2022 were China ($962k), Japan ($136k), and United States ($104k).

Imports In 2022, South Korea imported $78M in Silicon carbide, becoming the 4th largest importer of Silicon carbide in the world. At the same year, Silicon carbide was the 878th most imported product in South Korea. South Korea imports Silicon carbide primarily from: China ($57M), Vietnam ($9.22M), Japan ($4.47M), Norway ($3.86M), and Chinese Taipei ($2.11M).

The fastest growing import markets in Silicon carbide for South Korea between 2021 and 2022 were China ($7.72M), Vietnam ($2.08M), and Japan ($1.3M).

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 Silicon carbide from South Korea to the United States.

Latest Trends

Jul 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 Silicon carbide. 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
IMPORTS (2022)$78M

In N/A, South Korea exported N/A in Silicon carbide. The main destinations of South Korea exports on Silicon carbide were China ($1.09M), Chinese Taipei ($228k), United States ($206k), Japan ($160k), and Indonesia ($77.9k).

In 2022, South Korea imported $78M in Silicon carbide, mainly from China ($57M), Vietnam ($9.22M), Japan ($4.47M), Norway ($3.86M), and Chinese Taipei ($2.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicon carbide EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$962k (743%)
Japan$136k (577%)
United States$104k (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicon carbide BY South Korea WERE (2021 - 2022):
Malaysia-$440k (-94.5%)
Vietnam-$234k (-89.2%)
Germany-$16.6k (-24.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Silicon carbide were:
China $606M
Germany $69.5M
In 2022, South Korea's main importing competitors in Silicon carbide were:

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Trade Value of Silicon carbide by Exporters

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