2022
Exports
$46.6MWorld Rnk 9 / 82
Flag Rnk 502 / 1204
2022
PRODUCT COMPLEXITY IN Nickel Sheets
1.38Rnk 77 / 1025
2022
Imports
$141MWorld Rnk 4 / 149
Flag Rnk 437 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $46.6M in Nickel Sheets, making it the 9th largest exporter of Nickel Sheets in the world. At the same year, Nickel Sheets was the 502nd most exported product in South Korea. The main destination of Nickel Sheets exports from South Korea are: China ($23.6M), Vietnam ($10.2M), Malaysia ($4.28M), Japan ($2.59M), and India ($2.08M).

The fastest growing export markets for Nickel Sheets of South Korea between 2021 and 2022 were Vietnam ($6.45M), China ($5.55M), and Malaysia ($2.35M).

Imports In 2022, South Korea imported $141M in Nickel Sheets, becoming the 4th largest importer of Nickel Sheets in the world. At the same year, Nickel Sheets was the 437th most imported product in South Korea. South Korea imports Nickel Sheets primarily from: Japan ($50.8M), United States ($37.6M), Germany ($27.4M), China ($15.7M), and France ($4.94M).

The fastest growing import markets in Nickel Sheets for South Korea between 2021 and 2022 were Japan ($17.9M), Germany ($10.2M), and China ($9.28M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-781k(-25.6%)
IMPORT GROWTH (July 2023 - July 2024)$-4.85M(-34.9%)
MAIN DESTINATION (July 2024)China$919k

This section shows Nickel 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 Nickel Sheets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.6M
IMPORTS (2022)$141M
NET TRADE (2022)-$94.6M

In 2022, South Korea exported $46.6M in Nickel Sheets. The main destinations of South Korea exports on Nickel Sheets were China ($23.6M), Vietnam ($10.2M), Malaysia ($4.28M), Japan ($2.59M), and India ($2.08M).

In 2022, South Korea imported $141M in Nickel Sheets, mainly from Japan ($50.8M), United States ($37.6M), Germany ($27.4M), China ($15.7M), and France ($4.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Sheets EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$6.45M (174%)
China$5.55M (30.7%)
Malaysia$2.35M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Sheets BY South Korea WERE (2021 - 2022):
Philippines-$583k (-30.1%)
Canada-$168k (-99%)
Hong Kong-$141k (-85.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Nickel Sheets were:
In 2022, South Korea's main importing competitors in Nickel Sheets were:

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Trade Value of Nickel Sheets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.5M
TOP IMPORT POTENTIALChina+ $1.88M

Nickel Sheets’s highest export potential is China. With an export gap of $2.5M.   Nickel Sheets’s highest import potential is China with an import gap of $1.88M.

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