Coal Briquettes in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $1.88M in Coal Briquettes, making it the 74th largest exporter of Coal Briquettes in the world. At the same year, Coal Briquettes was the 929th most exported product in South Korea. The main destination of Coal Briquettes exports from South Korea are: Malaysia ($1.35M), Oman ($234k), Australia ($72.3k), Philippines ($68.9k), and Indonesia ($58.3k).

The fastest growing export markets for Coal Briquettes of South Korea between 2021 and 2022 were Malaysia ($1.32M), Oman ($234k), and Philippines ($33.2k).

Imports In 2022, South Korea imported $26.8B in Coal Briquettes, becoming the 4th largest importer of Coal Briquettes in the world. At the same year, Coal Briquettes was the 4th most imported product in South Korea. South Korea imports Coal Briquettes primarily from: Australia ($11.5B), Russia ($4.62B), Indonesia ($4.41B), Canada ($2.09B), and South Africa ($1.37B).

The fastest growing import markets in Coal Briquettes for South Korea between 2021 and 2022 were Australia ($4.58B), Russia ($2.84B), and Indonesia ($2.3B).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Coal Briquettes from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Coal Briquettes exports accounted up to $38k and imports accounted up to $1.54B, resulting in a negative trade balance of $1.54B. Between February 2023 and February 2024 the exports of South Korea's Coal Briquettes have increased by $14k (58.3%) from $24k to $38k, while imports decreased by $-322M (-17.3%) from $1.87B to $1.54B.

Destinations In February 2024, Coal Briquettes were exported mostly to Indonesia ($14k), Czechia ($12k), Malaysia ($7k), Vietnam ($5k), and Mozambique ($0), and were imported mostly from Australia ($449M), Indonesia ($316M), Russia ($290M), Canada ($244M), and South Africa ($100M).

Growth In February 2024, the increase in Coal Briquettes's year-by-year exports was explained primarily by an increase in exports to . In February 2024, the decrease in Coal Briquettes's year-by-year imports was explained primarily by a decrease in imports from Australia ($-289M or -23.5%), Canada ($-82.3M or -52.6%), and Mozambique ($-18.4M or -30.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$14k(58.3%)

IMPORT GROWTH (February 2023 - February 2024)$-322M(-17.3%)

MAIN DESTINATION (February 2024)Indonesia$14k

This section shows Coal Briquettes'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 Coal Briquettes over time.

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