Exports In 2022, South Korea exported $2.62B in Man-made filaments, making it the 3rd largest exporter of Man-made filaments in the world. At the same year, Man-made filaments was the 20th most exported product in South Korea. The main destination of Man-made filaments exports from South Korea are: Vietnam ($471M), China ($281M), United States ($259M), Turkey ($247M), and Indonesia ($127M).
The fastest growing export markets for Man-made filaments of South Korea between 2021 and 2022 were Vietnam ($27.6M), Saudi Arabia ($26.1M), and Italy ($21.2M).
Imports In 2022, South Korea imported $1.26B in Man-made filaments, becoming the 13th largest importer of Man-made filaments in the world. At the same year, Man-made filaments was the 51st most imported product in South Korea. South Korea imports Man-made filaments primarily from: China ($762M), Vietnam ($163M), Japan ($91.9M), United States ($78.3M), and Chinese Taipei ($28.6M).
The fastest growing import markets in Man-made filaments for South Korea between 2021 and 2022 were China ($85.2M), United States ($24.1M), and France ($8.44M).
COMPANIES In 2023, leading companies such as Hyosung (35), General Motors (9), and LG Electronics (5) were at the forefront of shipping Man-made filaments from South Korea to the United States.