Other Glass Articles in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $277M in Other Glass Articles, making it the 6th largest exporter of Other Glass Articles in the world. At the same year, Other Glass Articles was the 229th most exported product in South Korea. The main destination of Other Glass Articles exports from South Korea are: China ($96.6M), United States ($69.9M), Japan ($46.4M), Chinese Taipei ($25.6M), and Singapore ($11M).

The fastest growing export markets for Other Glass Articles of South Korea between 2021 and 2022 were United States ($17.6M), Japan ($9.01M), and Chinese Taipei ($5.89M).

Imports In 2022, South Korea imported $244M in Other Glass Articles, becoming the 7th largest importer of Other Glass Articles in the world. At the same year, Other Glass Articles was the 313th most imported product in South Korea. South Korea imports Other Glass Articles primarily from: Japan ($93M), China ($76.3M), United States ($30.7M), Germany ($24.6M), and Chinese Taipei ($9.09M).

The fastest growing import markets in Other Glass Articles for South Korea between 2021 and 2022 were Germany ($9.38M), China ($1.47M), and United Kingdom ($1.12M).

COMPANIES In 2023, leading companies such as HAAS AUTOMATION, INC. (1), AT HOME PROCUREMENT INC (1), and LG ELECTRONICS USA (1) were at the forefront of shipping Other Glass Articles from South Korea to the United States.

Latest Trends

March 2024

About

Overview In March 2024 South Korea's Other Glass Articles exports accounted up to $22.4M and imports accounted up to $22.1M, resulting in a positive trade balance of $343k. Between March 2023 and March 2024 the exports of South Korea's Other Glass Articles have decreased by $-1.89M (-7.76%) from $24.3M to $22.4M, while imports decreased by $-2.24M (-9.21%) from $24.3M to $22.1M.

Destinations In March 2024, Other Glass Articles were exported mostly to China ($7.35M), United States ($5.31M), Japan ($4.12M), Singapore ($1.3M), and Chinese Taipei ($1.02M), and were imported mostly from China ($7.47M), Japan ($6.4M), United States ($4.07M), Germany ($2.03M), and Italy ($683k).

Growth In March 2024, the decrease in Other Glass Articles's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-543k or -31.4%), China ($-411k or -4.97%), and United States ($-348k or -5.72%). In March 2024, the decrease in Other Glass Articles's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-1.64M or -76%), United States ($-1.04M or -31.2%), and Germany ($-760k or -31.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-1.89M(-7.76%)

IMPORT GROWTH (March 2023 - March 2024)$-2.24M(-9.21%)

MAIN DESTINATION (March 2024)China$7.35M

This section shows Other Glass Articles'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 Other Glass Articles over time.

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