Silver Clad Metals in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $3.98M in Silver Clad Metals, making it the 9th largest exporter of Silver Clad Metals in the world. At the same year, Silver Clad Metals was the 857th most exported product in South Korea. The main destination of Silver Clad Metals exports from South Korea are: China ($1.94M), Indonesia ($767k), Hong Kong ($483k), Chinese Taipei ($357k), and Romania ($310k).

The fastest growing export markets for Silver Clad Metals of South Korea between 2021 and 2022 were China ($389k), Romania ($157k), and Italy ($31.2k).

Imports In 2022, South Korea imported $6.54M in Silver Clad Metals, becoming the 9th largest importer of Silver Clad Metals in the world. At the same year, Silver Clad Metals was the 991st most imported product in South Korea. South Korea imports Silver Clad Metals primarily from: United States ($4.18M), Japan ($1.83M), Germany ($435k), Italy ($44.6k), and Romania ($40.4k).

The fastest growing import markets in Silver Clad Metals for South Korea between 2021 and 2022 were United States ($289k), Romania ($40.4k), and Spain ($1k).

Latest Trends

March 2024

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Overview In March 2024 South Korea's Silver Clad Metals exports accounted up to $183k and imports accounted up to $487k, resulting in a negative trade balance of $304k. Between March 2023 and March 2024 the exports of South Korea's Silver Clad Metals have decreased by $-217k (-54.3%) from $400k to $183k, while imports increased by $129k (36%) from $358k to $487k.

Destinations In March 2024, Silver Clad Metals were exported mostly to China ($147k), Chinese Taipei ($29k), Hong Kong ($7k), Japan ($0), and Vietnam ($0), and were imported mostly from Japan ($406k), Germany ($77k), United States ($3k), China ($1k), and Hong Kong ($0).

Growth In March 2024, the decrease in Silver Clad Metals's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-101k or -96.2%), Indonesia ($-74k or -67.3%), and China ($-29k or -34.9%). In March 2024, the increase in Silver Clad Metals'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 (%)

EXPORT GROWTH (March 2023 - March 2024)$-217k(-54.3%)

IMPORT GROWTH (March 2023 - March 2024)$129k(36%)

MAIN DESTINATION (March 2024)China$147k

This section shows Silver Clad Metals'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 Silver Clad Metals over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.98M

IMPORTS (2022)$6.54M

NET TRADE (2022)-$2.56M

In 2022, South Korea exported $3.98M in Silver Clad Metals. The main destinations of South Korea exports on Silver Clad Metals were China ($1.94M), Indonesia ($767k), Hong Kong ($483k), Chinese Taipei ($357k), and Romania ($310k).

In 2022, South Korea imported $6.54M in Silver Clad Metals, mainly from United States ($4.18M), Japan ($1.83M), Germany ($435k), Italy ($44.6k), and Romania ($40.4k).

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