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2022
Exports $44.1MWorld Rnk 4 / 99
Flag Rnk 513 / 1204
2022
Destination $6.09M Japan
2021 - 2022
FASTEST GROWING MARKET $6.09MJapan
2022
PRODUCT COMPLEXITY IN Zinc Powder-0.59Rnk 722 / 1025
2022
Imports $6.72MWorld Rnk 22 / 164
Flag Rnk 984 / 1213
2022
Origin $256k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $256kSingapore
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $44.1M in Zinc Powder, making it the 4th largest exporter of Zinc Powder in the world. At the same year, Zinc Powder was the 513th most exported product in South Korea. The main destination of Zinc Powder exports from South Korea are: Japan ($16M), China ($9.65M), Chinese Taipei ($9.19M), Australia ($2.48M), and Vietnam ($2.19M).

The fastest growing export markets for Zinc Powder of South Korea between 2021 and 2022 were Japan ($6.09M), Chinese Taipei ($544k), and Australia ($525k).

Imports In 2022, South Korea imported $6.72M in Zinc Powder, becoming the 22nd largest importer of Zinc Powder in the world. At the same year, Zinc Powder was the 984th most imported product in South Korea. South Korea imports Zinc Powder primarily from: Vietnam ($2.65M), Germany ($1.04M), Switzerland ($861k), Japan ($613k), and United States ($577k).

The fastest growing import markets in Zinc Powder for South Korea between 2021 and 2022 were Singapore ($256k), China ($252k), and Vietnam ($173k).

COMPANIES In 2023, leading companies such as LG Electronics (6), General Motors (6), and Samsung (3) were at the forefront of shipping Zinc Powder from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Zinc Powder exports accounted up to $3.22M and imports accounted up to $181k, resulting in a positive trade balance of $3.04M. Between July 2023 and July 2024 the exports of South Korea's   Zinc Powder have increased by $532k (19.8%) from $2.69M to $3.22M, while imports decreased by $-22k (-10.8%) from $203k to $181k.

Destinations In July 2024, Zinc Powder were exported mostly to China ($692k), Chinese Taipei ($685k), Japan ($537k), Australia ($342k), and Russia ($276k), and were imported mostly from Germany ($76k), Japan ($75k), Italy ($26k), United States ($4k), and China ($0).

Growth In July 2024, the increase in Zinc Powder's year-by-year exports was explained primarily by an increase in exports to Japan ($643k or 64.8%), Vietnam ($164k or 863%), and Turkey ($27k or 675%). In July 2024, the decrease in Zinc Powder's year-by-year imports was explained primarily by a decrease in imports from Japan ($-117k or -92.9%), Germany ($-102k or -58.3%), and Switzerland ($-61k or -39.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$532k(19.8%)
IMPORT GROWTH (July 2023 - July 2024)$-22k(-10.8%)
MAIN DESTINATION (July 2024)China$692k

This section shows Zinc Powder'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 Zinc Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$44.1M
IMPORTS (2022)$6.72M
NET TRADE (2022)$37.4M

In 2022, South Korea exported $44.1M in Zinc Powder. The main destinations of South Korea exports on Zinc Powder were Japan ($16M), China ($9.65M), Chinese Taipei ($9.19M), Australia ($2.48M), and Vietnam ($2.19M).

In 2022, South Korea imported $6.72M in Zinc Powder, mainly from Vietnam ($2.65M), Germany ($1.04M), Switzerland ($861k), Japan ($613k), and United States ($577k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Zinc Powder EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$6.09M (61.4%)
Chinese Taipei$544k (6.28%)
Australia$525k (26.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Zinc Powder BY South Korea WERE (2021 - 2022):
China-$6.04M (-38.5%)
Vietnam-$1.41M (-39.1%)
Malaysia-$66.4k (-98.4%)
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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 Zinc Powder were:
Belgium $123M
Germany $64.6M
United States $50.5M
In 2022, South Korea's main importing competitors in Zinc Powder were:
United States $99.6M
China $62.4M
Japan $42.7M

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Trade Value of Zinc Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $728k
TOP IMPORT POTENTIALUnited States+ $192k

Zinc Powder’s highest export potential is China. With an export gap of $728k.   Zinc Powder’s highest import potential is United States with an import gap of $192k.

See methodology.

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