Glass with Edge Workings in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $481M in Glass with Edge Workings, making it the 3rd largest exporter of Glass with Edge Workings in the world. At the same year, Glass with Edge Workings was the 167th most exported product in South Korea. The main destination of Glass with Edge Workings exports from South Korea are: China ($322M), Chinese Taipei ($69.7M), Japan ($68.7M), Vietnam ($10.6M), and Netherlands ($3.12M).

The fastest growing export markets for Glass with Edge Workings of South Korea between 2021 and 2022 were Netherlands ($2.52M), Singapore ($1.21M), and Mexico ($896k).

Imports In 2022, South Korea imported $376M in Glass with Edge Workings, becoming the 3rd largest importer of Glass with Edge Workings in the world. At the same year, Glass with Edge Workings was the 231st most imported product in South Korea. South Korea imports Glass with Edge Workings primarily from: Japan ($156M), Singapore ($114M), China ($63M), Malaysia ($26.8M), and Chinese Taipei ($5.31M).

The fastest growing import markets in Glass with Edge Workings for South Korea between 2021 and 2022 were Japan ($14.7M), China ($7.14M), and United States ($1.32M).

Latest Trends

March 2024

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Overview In March 2024 South Korea's Glass with Edge Workings exports accounted up to $41.3M and imports accounted up to $44M, resulting in a negative trade balance of $2.68M. Between March 2023 and March 2024 the exports of South Korea's Glass with Edge Workings have increased by $4.64M (12.7%) from $36.6M to $41.3M, while imports increased by $6.05M (15.9%) from $37.9M to $44M.

Destinations In March 2024, Glass with Edge Workings were exported mostly to China ($33.3M), Japan ($4.79M), Chinese Taipei ($1.63M), Netherlands ($1.02M), and Vietnam ($277k), and were imported mostly from Singapore ($16.3M), Japan ($12.6M), China ($8.82M), Germany ($2.11M), and Malaysia ($1.69M).

Growth In March 2024, the increase in Glass with Edge Workings's year-by-year exports was explained primarily by an increase in exports to Singapore ($458k or 45.8k%), Netherlands ($152k or 60.3%), and Malaysia ($38k or 112%). In March 2024, the increase in Glass with Edge Workings's year-by-year imports was explained primarily by an increase in imports from Thailand ($249k or 78.3%), Indonesia ($18k or 58.1%), and Hong Kong ($9k or 900%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$4.64M(12.7%)

IMPORT GROWTH (March 2023 - March 2024)$6.05M(15.9%)

MAIN DESTINATION (March 2024)China$33.3M

This section shows Glass with Edge Workings'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 Glass with Edge Workings over time.

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