Clays in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $4.85M in Clays, making it the 39th largest exporter of Clays in the world. At the same year, Clays was the 836th most exported product in South Korea. The main destination of Clays exports from South Korea are: Chinese Taipei ($1.88M), Vietnam ($1.28M), Indonesia ($288k), China ($278k), and New Zealand ($187k).

The fastest growing export markets for Clays of South Korea between 2021 and 2022 were Vietnam ($119k), Tanzania ($65k), and Sri Lanka ($35.4k).

Imports In 2022, South Korea imported $64.5M in Clays, becoming the 10th largest importer of Clays in the world. At the same year, Clays was the 619th most imported product in South Korea. South Korea imports Clays primarily from: China ($31.2M), United States ($17.6M), India ($3.75M), South Africa ($2.29M), and Japan ($2.05M).

The fastest growing import markets in Clays for South Korea between 2021 and 2022 were United States ($3.44M), China ($1.35M), and South Africa ($967k).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Clays exports accounted up to $173k and imports accounted up to $3.93M, resulting in a negative trade balance of $3.76M. Between September 2023 and September 2024 the exports of South Korea's Clays have decreased by $-158k (-47.7%) from $331k to $173k, while imports decreased by $-161k (-3.94%) from $4.09M to $3.93M.

Destinations In September 2024, Clays were exported mostly to Vietnam ($89k), Chinese Taipei ($44k), China ($23k), Spain ($9k), and India ($4k), and were imported mostly from China ($1.38M), United States ($906k), Japan ($552k), South Africa ($359k), and France ($145k).

Growth In September 2024, the decrease in Clays's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-94k or -53.7%), Vietnam ($-59k or -42.4%), and Indonesia ($-30k or -83.3%). In September 2024, the decrease in Clays's year-by-year imports was explained primarily by a decrease in imports from China ($-1.75M or -41.6%), Malaysia ($-63k or -100%), and Russia ($-62k or -79.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)$-158k(-47.7%)

IMPORT GROWTH (September 2023 - September 2024)$-161k(-3.94%)

MAIN DESTINATION (September 2024)Vietnam$89k

This section shows Clays'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 Clays over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.85M

IMPORTS (2022)$64.5M

NET TRADE (2022)-$59.6M

In 2022, South Korea exported $4.85M in Clays. The main destinations of South Korea exports on Clays were Chinese Taipei ($1.88M), Vietnam ($1.28M), Indonesia ($288k), China ($278k), and New Zealand ($187k).

In 2022, South Korea imported $64.5M in Clays, mainly from China ($31.2M), United States ($17.6M), India ($3.75M), South Africa ($2.29M), and Japan ($2.05M).

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