Sign In
Pricing

2022
Exports $5.17BWorld Rnk 5 / 226
Flag Rnk 22 / 1204
2022
Destination $564M United States
2021 - 2022
FASTEST GROWING MARKET $564MUnited States
2022
PRODUCT COMPLEXITY IN Other Plastic Products0.78Rnk 253 / 1025
2022
Imports $2.48BWorld Rnk 15 / 226
Flag Rnk 34 / 1213
2022
Origin $352M China
2021 - 2022
FASTEST GROWING ORIGIN $352MUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.17B in Other Plastic Products, making it the 5th largest exporter of Other Plastic Products in the world. At the same year, Other Plastic Products was the 22nd most exported product in South Korea. The main destination of Other Plastic Products exports from South Korea are: United States ($922M), Japan ($599M), Chinese Taipei ($411M), China ($375M), and Vietnam ($331M).

The fastest growing export markets for Other Plastic Products of South Korea between 2021 and 2022 were United States ($564M), Japan ($466M), and Chinese Taipei ($379M).

Imports In 2022, South Korea imported $2.48B in Other Plastic Products, becoming the 15th largest importer of Other Plastic Products in the world. At the same year, Other Plastic Products was the 34th most imported product in South Korea. South Korea imports Other Plastic Products primarily from: China ($977M), United States ($581M), Japan ($172M), Germany ($155M), and Vietnam ($145M).

The fastest growing import markets in Other Plastic Products for South Korea between 2021 and 2022 were United States ($352M), China ($144M), and Germany ($61.1M).

COMPANIES In 2023, leading companies such as Samsung (31), Nissan (9), and At Home Procurement (4) were at the forefront of shipping Other Plastic Products from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Other Plastic Products exports accounted up to $160M and imports accounted up to $161M, resulting in a negative trade balance of $933k. Between July 2023 and July 2024 the exports of South Korea's   Other Plastic Products have increased by $15.8M (11%) from $144M to $160M, while imports increased by $12.4M (8.38%) from $148M to $161M.

Destinations In July 2024, Other Plastic Products were exported mostly to United States ($36.7M), China ($23.8M), Vietnam ($21.8M), Mexico ($10.3M), and India ($7.59M), and were imported mostly from China ($79.5M), United States ($20.2M), Japan ($15.7M), Vietnam ($13.2M), and Chinese Taipei ($6.28M).

Growth In July 2024, the increase in Other Plastic Products's year-by-year exports was explained primarily by an increase in exports to Czechia ($1.13M or 39.9%), Romania ($694k or 1.07k%), and Uzbekistan ($589k or 85.5%). In July 2024, the increase in Other Plastic Products's year-by-year imports was explained primarily by an increase in imports from Vietnam ($3.92M or 49.5%), South Africa ($2.32M or 16.6k%), and United States ($1.85M or 9.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$15.8M(11%)
IMPORT GROWTH (July 2023 - July 2024)$12.4M(8.38%)
MAIN DESTINATION (July 2024)United States$36.7M

This section shows Other Plastic Products'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 Other Plastic Products over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$5.17B
IMPORTS (2022)$2.48B
NET TRADE (2022)$2.69B

In 2022, South Korea exported $5.17B in Other Plastic Products. The main destinations of South Korea exports on Other Plastic Products were United States ($922M), Japan ($599M), Chinese Taipei ($411M), China ($375M), and Vietnam ($331M).

In 2022, South Korea imported $2.48B in Other Plastic Products, mainly from China ($977M), United States ($581M), Japan ($172M), Germany ($155M), and Vietnam ($145M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Plastic Products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$564M (158%)
Japan$466M (349%)
Chinese Taipei$379M (1.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Plastic Products BY South Korea WERE (2021 - 2022):
Russia-$9.45M (-25.8%)
Hungary-$2.29M (-21.2%)
Fiji-$398k (-80.8%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Other Plastic Products were:
China $46.8B
United States $20.7B
Germany $18.2B
In 2022, South Korea's main importing competitors in Other Plastic Products were:
United States $25.5B
Germany $14.4B
China $7.52B

Explore Visualizations

Trade Value of Other Plastic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $92.2M
TOP IMPORT POTENTIALChina+ $239M

Other Plastic Products’s highest export potential is United States. With an export gap of $92.2M.   Other Plastic Products’s highest import potential is China with an import gap of $239M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms