Lignite in South Korea | The Observatory of Economic Complexity

About

Imports In 2022, South Korea imported $96M in Lignite, becoming the 3rd largest importer of Lignite in the world. At the same year, Lignite was the 519th most imported product in South Korea. South Korea imports Lignite primarily from: Indonesia ($95.9M), United States ($48.6k), China ($38.7k), and Canada ($36.6k).

The fastest growing import markets in Lignite for South Korea between 2021 and 2022 were Indonesia ($95.9M), China ($38.7k), and Canada ($36.6k).

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

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Lignite exports accounted up to $0 and imports accounted up to $6k, resulting in a negative trade balance of $6k. Between June 2022 and February 2024 the exports of South Korea's Lignite have remained the same by $0 (N/A%) from $0 to $0, while imports increased by $1k (20%) from $5k to $6k.

Destinations In February 2024, Lignite were exported mostly to China ($0) and Austria ($0), and were imported mostly from China ($6k) and Austria ($0).

Growth In February 2024, the change in Lignite's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the increase in Lignite's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

IMPORT GROWTH (June 2022 - February 2024)$1k(20%)

MAIN DESTINATION (February 2024)China$0

This section shows Lignite'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 Lignite over time.

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