Coated, covered, & laminated fabrics for industrial use in South Korea

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Exports In 2022, South Korea exported $1.27B in Coated, covered, & laminated fabrics for industrial use, making it the 4th largest exporter of Coated, covered, & laminated fabrics for industrial use in the world. At the same year, Coated, covered, & laminated fabrics for industrial use was the 36th most exported product in South Korea. The main destination of Coated, covered, & laminated fabrics for industrial use exports from South Korea are: Vietnam ($321M), United States ($178M), China ($154M), Indonesia ($79.7M), and Bangladesh ($45.7M).

The fastest growing export markets for Coated, covered, & laminated fabrics for industrial use of South Korea between 2021 and 2022 were Vietnam ($25.6M), China ($6.84M), and Bangladesh ($5.5M).

Imports In 2022, South Korea imported $506M in Coated, covered, & laminated fabrics for industrial use, becoming the 17th largest importer of Coated, covered, & laminated fabrics for industrial use in the world. At the same year, Coated, covered, & laminated fabrics for industrial use was the 68th most imported product in South Korea. South Korea imports Coated, covered, & laminated fabrics for industrial use primarily from: China ($234M), Vietnam ($96.4M), Japan ($32.7M), Germany ($28M), and Indonesia ($24.2M).

The fastest growing import markets in Coated, covered, & laminated fabrics for industrial use for South Korea between 2021 and 2022 were China ($19.8M), Vietnam ($5.54M), and Indonesia ($4.37M).

COMPANIES In 2023, leading companies such as General Motors (54), LG Electronics (50), and Samsung (7) were at the forefront of shipping Coated, covered, & laminated fabrics for industrial use from South Korea to the United States.

Latest Trends

July 2024

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Overview In July 2024 South Korea's Coated, covered, & laminated fabrics for industrial use exports accounted up to $98.7M and imports accounted up to $43.4M, resulting in a positive trade balance of $55.3M. Between July 2023 and July 2024 the exports of South Korea's Coated, covered, & laminated fabrics for industrial use have increased by $6.34M (6.86%) from $92.4M to $98.7M, while imports increased by $6.26M (16.8%) from $37.1M to $43.4M.

Destinations In July 2024, Coated, covered, & laminated fabrics for industrial use were exported mostly to Vietnam ($27.1M), China ($18.8M), United States ($11.3M), Indonesia ($5.68M), and Mexico ($4.07M), and were imported mostly from China ($16.4M), Vietnam ($8.73M), Germany ($4.14M), Italy ($2.4M), and Japan ($1.91M).

Growth In July 2024, the increase in Coated, covered, & laminated fabrics for industrial use's year-by-year exports was explained primarily by an increase in exports to Brazil ($826k or 93.9%), Slovakia ($544k or 863%), and Hungary ($495k or 100%). In July 2024, the increase in Coated, covered, & laminated fabrics for industrial use's year-by-year imports was explained primarily by an increase in imports from Israel ($740k or 242%), Italy ($352k or 65.1%), and Spain ($284k or 359%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$6.34M(6.86%)

IMPORT GROWTH (July 2023 - July 2024)$6.26M(16.8%)

MAIN DESTINATION (July 2024)Vietnam$27.1M

This section shows Coated, covered, & laminated fabrics for industrial use'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 Coated, covered, & laminated fabrics for industrial use over time.

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