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Exports In 2022, South Korea exported $3.18M in Silver ores and concentrates, making it the 31st largest exporter of Silver ores and concentrates in the world. At the same year, Silver ores and concentrates was the 2399th most exported product in South Korea. The main destination of Silver ores and concentrates exports from South Korea are: China ($3.18M), Netherlands ($197), and Thailand ($8).

The fastest growing export markets for Silver ores and concentrates of South Korea between 2021 and 2022 were China ($2.02M) and Thailand ($8).

Imports In 2022, South Korea imported $430M in Silver ores and concentrates, becoming the 2nd largest importer of Silver ores and concentrates in the world. At the same year, Silver ores and concentrates was the 195th most imported product in South Korea. South Korea imports Silver ores and concentrates primarily from: Bolivia ($213M), Uruguay ($91.7M), Mexico ($61.8M), Argentina ($34.4M), and Peru ($26.3M).

The fastest growing import markets in Silver ores and concentrates for South Korea between 2021 and 2022 were Uruguay ($85.7M), Bolivia ($8.48M), and Australia ($1.56M).

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 ores and concentrates 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 Silver ores and concentrates. 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)$3.18M
IMPORTS (2022)$430M
NET TRADE (2022)-$427M

In 2022, South Korea exported $3.18M in Silver ores and concentrates. The main destinations of South Korea exports on Silver ores and concentrates were China ($3.18M), Netherlands ($197), and Thailand ($8).

In 2022, South Korea imported $430M in Silver ores and concentrates, mainly from Bolivia ($213M), Uruguay ($91.7M), Mexico ($61.8M), Argentina ($34.4M), and Peru ($26.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver ores and concentrates EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$2.02M (174%)
Thailand$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver ores and concentrates BY South Korea WERE (2021 - 2022):
Vietnam-$78.5k (-100%)
Netherlands-$240 (-54.9%)
Japan-$28 (-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 Silver ores and concentrates were:
Mexico $1.13B
Peru $730M
In 2022, South Korea's main importing competitors in Silver ores and concentrates were:
China $2.5B
Japan $254M

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Trade Value of Silver ores and concentrates by Exporters

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