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2022
Exports $27.9MWorld Rnk 7 / 158
Flag Rnk 591 / 1204
2022
Destination $620k United States
2021 - 2022
FASTEST GROWING MARKET $620kCanada
2022
PRODUCT COMPLEXITY IN Metal Office Supplies0.68Rnk 286 / 1025
2022
Imports $15.5MWorld Rnk 18 / 214
Flag Rnk 875 / 1213
2022
Origin $174k China
2021 - 2022
FASTEST GROWING ORIGIN $174kUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $27.9M in Metal Office Supplies, making it the 7th largest exporter of Metal Office Supplies in the world. At the same year, Metal Office Supplies was the 591st most exported product in South Korea. The main destination of Metal Office Supplies exports from South Korea are: United States ($24.4M), Canada ($749k), Spain ($504k), Saudi Arabia ($293k), and Japan ($227k).

The fastest growing export markets for Metal Office Supplies of South Korea between 2021 and 2022 were Canada ($620k), United States ($557k), and Spain ($277k).

Imports In 2022, South Korea imported $15.5M in Metal Office Supplies, becoming the 18th largest importer of Metal Office Supplies in the world. At the same year, Metal Office Supplies was the 875th most imported product in South Korea. South Korea imports Metal Office Supplies primarily from: China ($13.8M), Japan ($503k), Chinese Taipei ($329k), Sweden ($284k), and United States ($249k).

The fastest growing import markets in Metal Office Supplies for South Korea between 2021 and 2022 were United States ($174k), Sweden ($164k), and Japan ($59.7k).

COMPANIES In 2023, leading companies such as Fuyao Glass (3), General Motors (3), and Continental Materials (2) were at the forefront of shipping Metal Office Supplies from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Metal Office Supplies exports accounted up to $1.73M and imports accounted up to $935k, resulting in a positive trade balance of $796k. Between September 2023 and September 2024 the exports of South Korea's   Metal Office Supplies have decreased by $-631k (-26.7%) from $2.36M to $1.73M, while imports increased by $184k (24.5%) from $751k to $935k.

Destinations In September 2024, Metal Office Supplies were exported mostly to United States ($1.46M), Japan ($61k), Saudi Arabia ($55k), Mexico ($34k), and China ($29k), and were imported mostly from China ($748k), Japan ($64k), Italy ($47k), Sweden ($42k), and Chinese Taipei ($32k).

Growth In September 2024, the decrease in Metal Office Supplies's year-by-year exports was explained primarily by a decrease in exports to United States ($-1.44M or -58.7%), Slovakia ($-5k or -50%), and Mexico ($-2k or -50%). In September 2024, the increase in Metal Office Supplies's year-by-year imports was explained primarily by an increase in imports from Japan ($6k or 16.7%) and Sweden ($1k or 33.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-631k(-26.7%)
IMPORT GROWTH (September 2023 - September 2024)$184k(24.5%)
MAIN DESTINATION (September 2024)United States$1.46M

This section shows Metal Office Supplies'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 Metal Office Supplies over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.9M
IMPORTS (2022)$15.5M
NET TRADE (2022)$12.3M

In 2022, South Korea exported $27.9M in Metal Office Supplies. The main destinations of South Korea exports on Metal Office Supplies were United States ($24.4M), Canada ($749k), Spain ($504k), Saudi Arabia ($293k), and Japan ($227k).

In 2022, South Korea imported $15.5M in Metal Office Supplies, mainly from China ($13.8M), Japan ($503k), Chinese Taipei ($329k), Sweden ($284k), and United States ($249k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Office Supplies EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Canada$620k (481%)
United States$557k (2.33%)
Spain$277k (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Office Supplies BY South Korea WERE (2021 - 2022):
Czechia-$133k (-70.7%)
Cambodia-$121k (-96.3%)
Chinese Taipei-$80.6k (-72.9%)
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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 Metal Office Supplies were:
China $575M
Germany $47M
Slovenia $35.7M
In 2022, South Korea's main importing competitors in Metal Office Supplies were:
United States $247M
Germany $65M
Mexico $39.6M

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Trade Value of Metal Office Supplies by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $252k
TOP IMPORT POTENTIALChina+ $1.84M

Metal Office Supplies’s highest export potential is China. With an export gap of $252k.   Metal Office Supplies’s highest import potential is China with an import gap of $1.84M.

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