Refractory Cements in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $25.2M in Refractory Cements, making it the 22nd largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 605th most exported product in South Korea. The main destination of Refractory Cements exports from South Korea are: Brazil ($7.31M), Indonesia ($5.42M), Russia ($3.06M), India ($2.3M), and Vietnam ($2.14M).

The fastest growing export markets for Refractory Cements of South Korea between 2021 and 2022 were Indonesia ($3.23M), Brazil ($1.51M), and Uzbekistan ($196k).

Imports In 2022, South Korea imported $48.1M in Refractory Cements, becoming the 18th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 675th most imported product in South Korea. South Korea imports Refractory Cements primarily from: China ($22.5M), Uzbekistan ($5.7M), United States ($3.91M), Germany ($3.12M), and Japan ($2.91M).

The fastest growing import markets in Refractory Cements for South Korea between 2021 and 2022 were Uzbekistan ($1.81M), France ($1.46M), and Japan ($929k).

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

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Refractory Cements exports accounted up to $5.96M and imports accounted up to $2.89M, resulting in a positive trade balance of $3.07M. Between February 2023 and February 2024 the exports of South Korea's Refractory Cements have increased by $3.37M (130%) from $2.59M to $5.96M, while imports decreased by $-172k (-5.62%) from $3.06M to $2.89M.

Destinations In February 2024, Refractory Cements were exported mostly to Russia ($3.59M), Indonesia ($914k), Brazil ($710k), Vietnam ($262k), and Japan ($161k), and were imported mostly from China ($1.8M), Austria ($245k), Chinese Taipei ($200k), Germany ($182k), and United States ($120k).

Growth In February 2024, the increase in Refractory Cements's year-by-year exports was explained primarily by an increase in exports to Brazil ($1.08M or 209%), China ($633k or 455%), and Indonesia ($307k or 145%). In February 2024, the decrease in Refractory Cements's year-by-year imports was explained primarily by a decrease in imports from France ($-77k or -83.7%), Italy ($-76k or -90.5%), and India ($-21k or -100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$3.37M(130%)

IMPORT GROWTH (February 2023 - February 2024)$-172k(-5.62%)

MAIN DESTINATION (February 2024)Russia$3.59M

This section shows Refractory Cements'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 Refractory Cements over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download