Uncoated Paper in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $97.1M in Uncoated Paper, making it the 26th largest exporter of Uncoated Paper in the world. At the same year, Uncoated Paper was the 381st most exported product in South Korea. The main destination of Uncoated Paper exports from South Korea are: United States ($42M), Turkey ($18.3M), Indonesia ($4.83M), Philippines ($4.81M), and China ($4.14M).

The fastest growing export markets for Uncoated Paper of South Korea between 2021 and 2022 were United States ($25M), Turkey ($17.7M), and Indonesia ($3.55M).

Imports In 2022, South Korea imported $212M in Uncoated Paper, becoming the 22nd largest importer of Uncoated Paper in the world. At the same year, Uncoated Paper was the 342nd most imported product in South Korea. South Korea imports Uncoated Paper primarily from: Indonesia ($77.6M), China ($52.3M), Thailand ($48.9M), Japan ($17.3M), and Chinese Taipei ($5.63M).

The fastest growing import markets in Uncoated Paper for South Korea between 2021 and 2022 were Indonesia ($5.15M), China ($2.66M), and Japan ($2.65M).

COMPANIES In 2023, leading companies such as Hyosung (29), General Motors (8), and LG Electronics (5) were at the forefront of shipping Uncoated Paper from South Korea to the United States.

Latest Trends

April 2024

About

Overview In April 2024 South Korea's Uncoated Paper exports accounted up to $9.21M and imports accounted up to $22.4M, resulting in a negative trade balance of $13.2M. Between April 2023 and April 2024 the exports of South Korea's Uncoated Paper have decreased by $-1.1M (-10.7%) from $10.3M to $9.21M, while imports increased by $5.63M (33.5%) from $16.8M to $22.4M.

Destinations In April 2024, Uncoated Paper were exported mostly to United States ($4.28M), Turkey ($1.32M), Philippines ($936k), Australia ($497k), and Indonesia ($347k), and were imported mostly from China ($9.17M), Indonesia ($7.45M), Japan ($2.36M), Chinese Taipei ($752k), and Italy ($693k).

Growth In April 2024, the decrease in Uncoated Paper's year-by-year exports was explained primarily by a decrease in exports to Philippines ($-694k or -76.3%), China ($-254k or -51%), and Bangladesh ($-181k or -65.6%). In April 2024, the increase in Uncoated Paper's year-by-year imports was explained primarily by an increase in imports from Italy ($413k or 165%), Czechia ($135k or 165%), and United Kingdom ($135k or 211%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$-1.1M(-10.7%)

IMPORT GROWTH (April 2023 - April 2024)$5.63M(33.5%)

MAIN DESTINATION (April 2024)United States$4.28M

This section shows Uncoated Paper'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 Uncoated Paper over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$97.1M

IMPORTS (2022)$212M

NET TRADE (2022)-$115M

In 2022, South Korea exported $97.1M in Uncoated Paper. The main destinations of South Korea exports on Uncoated Paper were United States ($42M), Turkey ($18.3M), Indonesia ($4.83M), Philippines ($4.81M), and China ($4.14M).

In 2022, South Korea imported $212M in Uncoated Paper, mainly from Indonesia ($77.6M), China ($52.3M), Thailand ($48.9M), Japan ($17.3M), and Chinese Taipei ($5.63M).

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