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2022
Exports $69.4MWorld Rnk 19 / 166
Flag Rnk 433 / 1204
2022
Destination $1.52M United States
2021 - 2022
FASTEST GROWING MARKET $1.52MUnited States
2022
PRODUCT COMPLEXITY IN Rubber Sheets0.93Rnk 199 / 1025
2022
Imports $74MWorld Rnk 18 / 216
Flag Rnk 578 / 1213
2022
Origin $8.5M China
2021 - 2022
FASTEST GROWING ORIGIN $8.5MFrance
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $69.4M in Rubber Sheets, making it the 19th largest exporter of Rubber Sheets in the world. At the same year, Rubber Sheets was the 433rd most exported product in South Korea. The main destination of Rubber Sheets exports from South Korea are: United States ($11.7M), China ($9.5M), Japan ($5.69M), Vietnam ($5.27M), and Mexico ($4.38M).

The fastest growing export markets for Rubber Sheets of South Korea between 2021 and 2022 were United States ($1.52M), Vietnam ($1.05M), and Nigeria ($1.03M).

Imports In 2022, South Korea imported $74M in Rubber Sheets, becoming the 18th largest importer of Rubber Sheets in the world. At the same year, Rubber Sheets was the 578th most imported product in South Korea. South Korea imports Rubber Sheets primarily from: China ($26.3M), France ($10.9M), Germany ($7.68M), Japan ($7.03M), and Sweden ($4.69M).

The fastest growing import markets in Rubber Sheets for South Korea between 2021 and 2022 were France ($8.5M), China ($4.51M), and United Arab Emirates ($4.01M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Rubber Sheets exports accounted up to $5.2M and imports accounted up to $4.66M, resulting in a positive trade balance of $540k. Between July 2023 and July 2024 the exports of South Korea's   Rubber Sheets have increased by $250k (5.05%) from $4.95M to $5.2M, while imports increased by $466k (11.1%) from $4.2M to $4.66M.

Destinations In July 2024, Rubber Sheets were exported mostly to United States ($1.07M), China ($777k), Mexico ($534k), Vietnam ($455k), and Japan ($356k), and were imported mostly from China ($2.33M), Germany ($1.08M), Japan ($192k), United States ($180k), and Italy ($163k).

Growth In July 2024, the increase in Rubber Sheets's year-by-year exports was explained primarily by an increase in exports to Italy ($133k or 60.5%), United Kingdom ($106k or 89.1%), and Belgium ($46k or 148%). In July 2024, the increase in Rubber Sheets's year-by-year imports was explained primarily by an increase in imports from Germany ($227k or 34.4%), Slovenia ($49k or 62%), and Poland ($32k or 1.07k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$250k(5.05%)
IMPORT GROWTH (July 2023 - July 2024)$466k(11.1%)
MAIN DESTINATION (July 2024)United States$1.07M

This section shows Rubber Sheets'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 Rubber Sheets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$69.4M
IMPORTS (2022)$74M
NET TRADE (2022)-$4.64M

In 2022, South Korea exported $69.4M in Rubber Sheets. The main destinations of South Korea exports on Rubber Sheets were United States ($11.7M), China ($9.5M), Japan ($5.69M), Vietnam ($5.27M), and Mexico ($4.38M).

In 2022, South Korea imported $74M in Rubber Sheets, mainly from China ($26.3M), France ($10.9M), Germany ($7.68M), Japan ($7.03M), and Sweden ($4.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Sheets EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$1.52M (15%)
Vietnam$1.05M (25%)
Nigeria$1.03M (82.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Sheets BY South Korea WERE (2021 - 2022):
Uzbekistan-$3.45M (-59.8%)
Indonesia-$1.42M (-28.9%)
China-$957k (-9.15%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Rubber Sheets were:
Germany $973M
China $660M
United States $422M
In 2022, South Korea's main importing competitors in Rubber Sheets were:
Germany $516M
United States $475M
France $263M

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Trade Value of Rubber Sheets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.81M
TOP IMPORT POTENTIALChina+ $5.26M

Rubber Sheets’s highest export potential is China. With an export gap of $3.81M.   Rubber Sheets’s highest import potential is China with an import gap of $5.26M.

See methodology.

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