Metal Molds in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $1.19B in Metal Molds, making it the 5th largest exporter of Metal Molds in the world. At the same year, Metal Molds was the 87th most exported product in South Korea. The main destination of Metal Molds exports from South Korea are: Japan ($229M), Vietnam ($160M), India ($152M), United States ($109M), and Mexico ($108M).

The fastest growing export markets for Metal Molds of South Korea between 2021 and 2022 were India ($10.9M), Panama ($9.93M), and Thailand ($7.59M).

Imports In 2022, South Korea imported $160M in Metal Molds, becoming the 26th largest importer of Metal Molds in the world. At the same year, Metal Molds was the 410th most imported product in South Korea. South Korea imports Metal Molds primarily from: China ($81.7M), Vietnam ($19.5M), India ($15.1M), Japan ($10.7M), and Canada ($7.16M).

The fastest growing import markets in Metal Molds for South Korea between 2021 and 2022 were India ($9.15M), Italy ($1.78M), and Germany ($1.75M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS USA (32), FUYAO NORTH AMERICA INCORPORATED (2), and SAMSUNG ELECTORNICS AMERICA, INC. (2) were at the forefront of shipping Metal Molds from South Korea to the United States.

Latest Trends

March 2024

About

Overview In March 2024 South Korea's Metal Molds exports accounted up to $94M and imports accounted up to $11.8M, resulting in a positive trade balance of $82.2M. Between March 2023 and March 2024 the exports of South Korea's Metal Molds have decreased by $-7.81M (-7.67%) from $102M to $94M, while imports increased by $1.45M (13.9%) from $10.4M to $11.8M.

Destinations In March 2024, Metal Molds were exported mostly to Mexico ($20.9M), United States ($13.2M), Vietnam ($13M), India ($13M), and Japan ($11.8M), and were imported mostly from China ($8.62M), Canada ($682k), Vietnam ($583k), Japan ($509k), and United States ($292k).

Growth In March 2024, the decrease in Metal Molds's year-by-year exports was explained primarily by a decrease in exports to United States ($-5.63M or -58.1%), Poland ($-4.88M or -64.5%), and Mexico ($-3.98M or -31.9%). In March 2024, the increase in Metal Molds's year-by-year imports was explained primarily by an increase in imports from Japan ($510k or 220%), United States ($156k or 1.3k%), and Germany ($81k or 26.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-7.81M(-7.67%)

IMPORT GROWTH (March 2023 - March 2024)$1.45M(13.9%)

MAIN DESTINATION (March 2024)Mexico$20.9M

This section shows Metal Molds'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 Metal Molds over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.19B

IMPORTS (2022)$160M

NET TRADE (2022)$1.03B

In 2022, South Korea exported $1.19B in Metal Molds. The main destinations of South Korea exports on Metal Molds were Japan ($229M), Vietnam ($160M), India ($152M), United States ($109M), and Mexico ($108M).

In 2022, South Korea imported $160M in Metal Molds, mainly from China ($81.7M), Vietnam ($19.5M), India ($15.1M), Japan ($10.7M), and Canada ($7.16M).

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