Ceramic products in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $449M in Ceramic products, making it the 22nd largest exporter of Ceramic products in the world. At the same year, Ceramic products was the 54th most exported product in South Korea. The main destination of Ceramic products exports from South Korea are: China ($133M), United States ($67.8M), Japan ($49.1M), Chinese Taipei ($47.8M), and Indonesia ($15.3M).

The fastest growing export markets for Ceramic products of South Korea between 2021 and 2022 were United States ($29.5M), Ukraine ($4.12M), and Norway ($3.27M).

Imports In 2022, South Korea imported $2.06B in Ceramic products, becoming the 5th largest importer of Ceramic products in the world. At the same year, Ceramic products was the 38th most imported product in South Korea. South Korea imports Ceramic products primarily from: China ($1.24B), Japan ($179M), United States ($173M), Italy ($110M), and Germany ($50.2M).

The fastest growing import markets in Ceramic products for South Korea between 2021 and 2022 were United States ($33.9M), Italy ($23.1M), and Chinese Taipei ($6.62M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (686), LG ELECTRONICS U.S.A. INC. (534), and CONTINENTAL MATERIALS INC. (156) were at the forefront of shipping Ceramic products from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Ceramic products exports accounted up to $27.9M and imports accounted up to $109M, resulting in a negative trade balance of $80.9M. Between February 2023 and February 2024 the exports of South Korea's Ceramic products have decreased by $-7.12M (-20.4%) from $35M to $27.9M, while imports decreased by $-6.52M (-5.66%) from $115M to $109M.

Destinations In February 2024, Ceramic products were exported mostly to China ($8.53M), United States ($3.82M), Chinese Taipei ($2.9M), Japan ($2.86M), and Vietnam ($1.25M), and were imported mostly from China ($53.1M), Japan ($11.4M), United States ($10.7M), Italy ($9.27M), and Germany ($4.06M).

Growth In February 2024, the decrease in Ceramic products's year-by-year exports was explained primarily by a decrease in exports to United States ($-2.68M or -42.2%), Chinese Taipei ($-2.02M or -41.4%), and China ($-1.73M or -14.1%). In February 2024, the decrease in Ceramic products's year-by-year imports was explained primarily by a decrease in imports from China ($-14.9M or -14.5%), Japan ($-8.33M or -42%), and Poland ($-2.82M or -53.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-7.12M(-20.4%)

IMPORT GROWTH (February 2023 - February 2024)$-6.52M(-5.66%)

MAIN DESTINATION (February 2024)China$8.53M

This section shows Ceramic products'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 Ceramic products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$449M

IMPORTS (2022)$2.06B

NET TRADE (2022)-$1.61B

In 2022, South Korea exported $449M in Ceramic products. The main destinations of South Korea exports on Ceramic products were China ($133M), United States ($67.8M), Japan ($49.1M), Chinese Taipei ($47.8M), and Indonesia ($15.3M).

In 2022, South Korea imported $2.06B in Ceramic products, mainly from China ($1.24B), Japan ($179M), United States ($173M), Italy ($110M), and Germany ($50.2M).

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