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Exports In 2022, South Korea exported $1.54M in Silver compounds other than silver nitrate, making it the 18th largest exporter of Silver compounds other than silver nitrate in the world. At the same year, Silver compounds other than silver nitrate was the 2780th most exported product in South Korea. The main destination of Silver compounds other than silver nitrate exports from South Korea are: Indonesia ($920k), Vietnam ($356k), Malaysia ($181k), Brazil ($50.1k), and Chinese Taipei ($9.12k).

The fastest growing export markets for Silver compounds other than silver nitrate of South Korea between 2021 and 2022 were Malaysia ($160k), Vietnam ($124k), and Brazil ($32.6k).

Imports In 2022, South Korea imported $2.32M in Silver compounds other than silver nitrate, becoming the 18th largest importer of Silver compounds other than silver nitrate in the world. At the same year, Silver compounds other than silver nitrate was the 3380th most imported product in South Korea. South Korea imports Silver compounds other than silver nitrate primarily from: United States ($1.38M), Japan ($597k), Italy ($216k), Germany ($37.9k), and China ($20.3k).

The fastest growing import markets in Silver compounds other than silver nitrate for South Korea between 2021 and 2022 were Italy ($75.8k), Germany ($17.7k), and Vietnam ($17k).

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 Silver compounds other than silver nitrate from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Silver compounds other than silver nitrate. 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)$1.54M
IMPORTS (2022)$2.32M
NET TRADE (2022)-$785k

In 2022, South Korea exported $1.54M in Silver compounds other than silver nitrate. The main destinations of South Korea exports on Silver compounds other than silver nitrate were Indonesia ($920k), Vietnam ($356k), Malaysia ($181k), Brazil ($50.1k), and Chinese Taipei ($9.12k).

In 2022, South Korea imported $2.32M in Silver compounds other than silver nitrate, mainly from United States ($1.38M), Japan ($597k), Italy ($216k), Germany ($37.9k), and China ($20.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver compounds other than silver nitrate EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$160k (742%)
Vietnam$124k (53.6%)
Brazil$32.6k (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver compounds other than silver nitrate BY South Korea WERE (2021 - 2022):
Indonesia-$901k (-49.5%)
Spain-$16k (-75.3%)
Belgium-$11.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, South Korea's main exporting competitors in Silver compounds other than silver nitrate were:
In 2022, South Korea's main importing competitors in Silver compounds other than silver nitrate were:

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Trade Value of Silver compounds other than silver nitrate by Exporters

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