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2022
Exports $13.5MWorld Rnk 16 / 164
Flag Rnk 697 / 1204
2022
Destination $613k United States
2021 - 2022
FASTEST GROWING MARKET $613kIndia
2022
PRODUCT COMPLEXITY IN Metal Signs-0.11Rnk 586 / 1025
2022
Imports $12.6MWorld Rnk 25 / 218
Flag Rnk 906 / 1213
2022
Origin $160k China
2021 - 2022
FASTEST GROWING ORIGIN $160kGermany
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $13.5M in Metal Signs, making it the 16th largest exporter of Metal Signs in the world. At the same year, Metal Signs was the 697th most exported product in South Korea. The main destination of Metal Signs exports from South Korea are: United States ($3.77M), India ($1.77M), China ($1.51M), Vietnam ($1.04M), and Mexico ($868k).

The fastest growing export markets for Metal Signs of South Korea between 2021 and 2022 were India ($613k), United States ($338k), and Vietnam ($272k).

Imports In 2022, South Korea imported $12.6M in Metal Signs, becoming the 25th largest importer of Metal Signs in the world. At the same year, Metal Signs was the 906th most imported product in South Korea. South Korea imports Metal Signs primarily from: China ($10M), United States ($901k), Germany ($836k), Japan ($154k), and Italy ($109k).

The fastest growing import markets in Metal Signs for South Korea between 2021 and 2022 were Germany ($160k), United Kingdom ($63.7k), and Italy ($61.5k).

COMPANIES In 2023, leading companies such as General Motors (25) were at the forefront of shipping Metal Signs from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Metal Signs exports accounted up to $2.92M and imports accounted up to $2M, resulting in a positive trade balance of $922k. Between September 2023 and September 2024 the exports of South Korea's   Metal Signs have increased by $1.19M (68.9%) from $1.73M to $2.92M, while imports increased by $498k (33.2%) from $1.5M to $2M.

Destinations In September 2024, Metal Signs were exported mostly to United States ($956k), Mexico ($381k), Czechia ($355k), Vietnam ($295k), and India ($292k), and were imported mostly from Vietnam ($1.02M), China ($857k), United States ($43k), Japan ($27k), and Spain ($18k).

Growth In September 2024, the increase in Metal Signs's year-by-year exports was explained primarily by an increase in exports to Mexico ($56k or 224%), United States ($56k or 24.5%), and India ($35k or 30.2%). In September 2024, the increase in Metal Signs's year-by-year imports was explained primarily by an increase in imports from France ($25k or 625%), United States ($13k or 50%), and Germany ($11k or 40.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$1.19M(68.9%)
IMPORT GROWTH (September 2023 - September 2024)$498k(33.2%)
MAIN DESTINATION (September 2024)United States$956k

This section shows Metal Signs'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 Signs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.5M
IMPORTS (2022)$12.6M
NET TRADE (2022)$918k

In 2022, South Korea exported $13.5M in Metal Signs. The main destinations of South Korea exports on Metal Signs were United States ($3.77M), India ($1.77M), China ($1.51M), Vietnam ($1.04M), and Mexico ($868k).

In 2022, South Korea imported $12.6M in Metal Signs, mainly from China ($10M), United States ($901k), Germany ($836k), Japan ($154k), and Italy ($109k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Signs EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
India$613k (53%)
United States$338k (9.85%)
Vietnam$272k (35.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Signs BY South Korea WERE (2021 - 2022):
China-$729k (-32.6%)
Slovakia-$421k (-90.6%)
Russia-$352k (-92.8%)
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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 Signs were:
China $344M
Germany $115M
United States $81M
In 2022, South Korea's main importing competitors in Metal Signs were:
United States $150M
Germany $61.7M
China $51M

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Trade Value of Metal Signs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $635k
TOP IMPORT POTENTIALChina+ $942k

Metal Signs’s highest export potential is China. With an export gap of $635k.   Metal Signs’s highest import potential is China with an import gap of $942k.

See methodology.

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