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2022
Exports $5.29MWorld Rnk 62 / 168
Flag Rnk 824 / 1204
2022
Destination $320k United States
2021 - 2022
FASTEST GROWING MARKET $320kPhilippines
2022
PRODUCT COMPLEXITY IN Unglazed Ceramics-1.12Rnk 860 / 1025
2022
Imports $437MWorld Rnk 10 / 225
Flag Rnk 212 / 1213
2022
Origin $23.7M China
2021 - 2022
FASTEST GROWING ORIGIN $23.7MItaly
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.29M in Unglazed Ceramics, making it the 62nd largest exporter of Unglazed Ceramics in the world. At the same year, Unglazed Ceramics was the 824th most exported product in South Korea. The main destination of Unglazed Ceramics exports from South Korea are: United States ($2.89M), Australia ($771k), Philippines ($500k), Japan ($450k), and Vietnam ($141k).

The fastest growing export markets for Unglazed Ceramics of South Korea between 2021 and 2022 were Philippines ($320k), Japan ($255k), and Italy ($113k).

Imports In 2022, South Korea imported $437M in Unglazed Ceramics, becoming the 10th largest importer of Unglazed Ceramics in the world. At the same year, Unglazed Ceramics was the 212th most imported product in South Korea. South Korea imports Unglazed Ceramics primarily from: China ($267M), Italy ($97.6M), Spain ($30.3M), Vietnam ($24.9M), and India ($8.66M).

The fastest growing import markets in Unglazed Ceramics for South Korea between 2021 and 2022 were Italy ($23.7M), Spain ($1.1M), and Germany ($589k).

COMPANIES In 2023, leading companies such as The Tile Shop (2) were at the forefront of shipping Unglazed Ceramics from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Unglazed Ceramics exports accounted up to $125k and imports accounted up to $44.4M, resulting in a negative trade balance of $44.3M. Between July 2023 and July 2024 the exports of South Korea's   Unglazed Ceramics have increased by $47k (60.3%) from $78k to $125k, while imports increased by $6.16M (16.1%) from $38.2M to $44.4M.

Destinations In July 2024, Unglazed Ceramics were exported mostly to Philippines ($73k), China ($30k), Australia ($7k), Japan ($6k), and Guam ($5k), and were imported mostly from China ($22.5M), Italy ($17.2M), Spain ($3.02M), Vietnam ($623k), and India ($230k).

Growth In July 2024, the increase in Unglazed Ceramics's year-by-year exports was explained primarily by an increase in exports to Australia ($30k or 76.9%) and Japan ($25k or 33.3%). In July 2024, the increase in Unglazed Ceramics's year-by-year imports was explained primarily by an increase in imports from Vietnam ($101k or 6.04%), Japan ($20k or 1k%), and Indonesia ($17k or 40.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$47k(60.3%)
IMPORT GROWTH (July 2023 - July 2024)$6.16M(16.1%)
MAIN DESTINATION (July 2024)Philippines$73k

This section shows Unglazed Ceramics'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 Unglazed Ceramics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.29M
IMPORTS (2022)$437M
NET TRADE (2022)-$432M

In 2022, South Korea exported $5.29M in Unglazed Ceramics. The main destinations of South Korea exports on Unglazed Ceramics were United States ($2.89M), Australia ($771k), Philippines ($500k), Japan ($450k), and Vietnam ($141k).

In 2022, South Korea imported $437M in Unglazed Ceramics, mainly from China ($267M), Italy ($97.6M), Spain ($30.3M), Vietnam ($24.9M), and India ($8.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unglazed Ceramics EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Philippines$320k (178%)
Japan$255k (131%)
Italy$113k (573%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unglazed Ceramics BY South Korea WERE (2021 - 2022):
United States-$880k (-23.3%)
Australia-$399k (-34.1%)
Switzerland-$79k (-96.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Unglazed Ceramics were:
Italy $5.35B
Spain $4.62B
China $4.61B
In 2022, South Korea's main importing competitors in Unglazed Ceramics were:
United States $2.35B
France $1.67B
Germany $1.22B

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Trade Value of Unglazed Ceramics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.45M
TOP IMPORT POTENTIALIndia+ $12.2M

Unglazed Ceramics’s highest export potential is United States. With an export gap of $1.45M.   Unglazed Ceramics’s highest import potential is India with an import gap of $12.2M.

See methodology.

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