Pumice in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $961k in Pumice, making it the 29th largest exporter of Pumice in the world. At the same year, Pumice was the 991st most exported product in South Korea. The main destination of Pumice exports from South Korea are: China ($532k), Vietnam ($251k), Russia ($121k), Malaysia ($19.1k), and Philippines ($11.1k).

The fastest growing export markets for Pumice of South Korea between 2021 and 2022 were Russia ($120k), Malaysia ($19.1k), and Philippines ($11.1k).

Imports In 2022, South Korea imported $12.7M in Pumice, becoming the 9th largest importer of Pumice in the world. At the same year, Pumice was the 903rd most imported product in South Korea. South Korea imports Pumice primarily from: China ($5.72M), Japan ($4.01M), Australia ($1.1M), Indonesia ($983k), and India ($408k).

The fastest growing import markets in Pumice for South Korea between 2021 and 2022 were Australia ($189k), India ($121k), and Germany ($45.3k).

COMPANIES In 2023, leading companies such as General Motors (2) were at the forefront of shipping Pumice from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Pumice exports accounted up to $26k and imports accounted up to $983k, resulting in a negative trade balance of $957k. Between September 2023 and September 2024 the exports of South Korea's Pumice have increased by $4k (18.2%) from $22k to $26k, while imports increased by $242k (32.7%) from $741k to $983k.

Destinations In September 2024, Pumice were exported mostly to Vietnam ($24k), India ($2k), United Arab Emirates ($0), China ($0), and Indonesia ($0), and were imported mostly from China ($304k), Japan ($216k), Indonesia ($134k), India ($117k), and Turkey ($76k).

Growth In September 2024, the increase in Pumice's year-by-year exports was explained primarily by an increase in exports to Vietnam ($26k or 51%). In September 2024, the increase in Pumice's year-by-year imports was explained primarily by an increase in imports from Australia ($157k or 1.96k%) and Japan ($18k or 7.41%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)$4k(18.2%)

IMPORT GROWTH (September 2023 - September 2024)$242k(32.7%)

MAIN DESTINATION (September 2024)Vietnam$24k

This section shows Pumice'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 Pumice over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$961k

IMPORTS (2022)$12.7M

NET TRADE (2022)-$11.7M

In 2022, South Korea exported $961k in Pumice. The main destinations of South Korea exports on Pumice were China ($532k), Vietnam ($251k), Russia ($121k), Malaysia ($19.1k), and Philippines ($11.1k).

In 2022, South Korea imported $12.7M in Pumice, mainly from China ($5.72M), Japan ($4.01M), Australia ($1.1M), Indonesia ($983k), and India ($408k).

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