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2022
Exports $4.72MWorld Rnk 14 / 94
Flag Rnk 839 / 1204
2022
Destination $444k Thailand
2021 - 2022
FASTEST GROWING MARKET $444kIndonesia
2022
PRODUCT COMPLEXITY IN Zinc Sheets0.17Rnk 495 / 1025
2022
Imports $4.97MWorld Rnk 25 / 167
Flag Rnk 1018 / 1213
2022
Origin $201k France
2021 - 2022
FASTEST GROWING ORIGIN $201kItaly
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $4.72M in Zinc Sheets, making it the 14th largest exporter of Zinc Sheets in the world. At the same year, Zinc Sheets was the 839th most exported product in South Korea. The main destination of Zinc Sheets exports from South Korea are: Thailand ($3.18M), Indonesia ($886k), Vietnam ($242k), China ($147k), and United States ($134k).

The fastest growing export markets for Zinc Sheets of South Korea between 2021 and 2022 were Indonesia ($444k), Vietnam ($97.1k), and United States ($62.6k).

Imports In 2022, South Korea imported $4.97M in Zinc Sheets, becoming the 25th largest importer of Zinc Sheets in the world. At the same year, Zinc Sheets was the 1018th most imported product in South Korea. South Korea imports Zinc Sheets primarily from: France ($1.61M), Germany ($977k), Poland ($707k), Spain ($450k), and Peru ($388k).

The fastest growing import markets in Zinc Sheets for South Korea between 2021 and 2022 were Italy ($201k), China ($116k), and Thailand ($29.6k).

COMPANIES In 2023, leading companies such as LG Electronics (3) and Sobel Westex (2) were at the forefront of shipping Zinc Sheets from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Zinc Sheets exports accounted up to $234k and imports accounted up to $542k, resulting in a negative trade balance of $308k. Between July 2023 and July 2024 the exports of South Korea's   Zinc Sheets have decreased by $-22k (-8.59%) from $256k to $234k, while imports decreased by $-241k (-30.8%) from $783k to $542k.

Destinations In July 2024, Zinc Sheets were exported mostly to Thailand ($173k), Indonesia ($58k), Vietnam ($3k), Japan ($0), and Germany ($0), and were imported mostly from Germany ($198k), France ($156k), Italy ($98k), Peru ($81k), and Netherlands ($5k).

Growth In July 2024, the decrease in Zinc Sheets's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-221k or -53.4%) and Indonesia ($-77k or -54.6%). In July 2024, the decrease in Zinc Sheets's year-by-year imports was explained primarily by a decrease in imports from Germany ($-118k or -100%), Peru ($-8k or -8.42%), and Japan ($-4k or -80%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-22k(-8.59%)
IMPORT GROWTH (July 2023 - July 2024)$-241k(-30.8%)
MAIN DESTINATION (July 2024)Thailand$173k

This section shows Zinc Sheets'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 Sheets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.72M
IMPORTS (2022)$4.97M
NET TRADE (2022)-$247k

In 2022, South Korea exported $4.72M in Zinc Sheets. The main destinations of South Korea exports on Zinc Sheets were Thailand ($3.18M), Indonesia ($886k), Vietnam ($242k), China ($147k), and United States ($134k).

In 2022, South Korea imported $4.97M in Zinc Sheets, mainly from France ($1.61M), Germany ($977k), Poland ($707k), Spain ($450k), and Peru ($388k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Zinc Sheets EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Indonesia$444k (100%)
Vietnam$97.1k (67.1%)
United States$62.6k (87.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Zinc Sheets BY South Korea WERE (2021 - 2022):
China-$1.04M (-87.6%)
Palau-$100k (-100%)
Kenya-$43.3k (-100%)
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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 Sheets were:
France $215M
Germany $148M
Spain $121M
In 2022, South Korea's main importing competitors in Zinc Sheets were:
Germany $160M
France $157M
Belgium $102M

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Trade Value of Zinc Sheets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $162k
TOP IMPORT POTENTIALSpain+ $212k

Zinc Sheets’s highest export potential is China. With an export gap of $162k.   Zinc Sheets’s highest import potential is Spain with an import gap of $212k.

See methodology.

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