2022
Exports
$6.31MWorld Rnk 17 / 132
Flag Rnk 794 / 1204
2022
PRODUCT COMPLEXITY IN Quartz
-0.96Rnk 828 / 1025
2022
Imports
$15.8MWorld Rnk 18 / 186
Flag Rnk 870 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $6.31M in Quartz, making it the 17th largest exporter of Quartz in the world. At the same year, Quartz was the 794th most exported product in South Korea. The main destination of Quartz exports from South Korea are: United States ($2.67M), China ($1.58M), United Kingdom ($555k), Thailand ($527k), and Japan ($493k).

The fastest growing export markets for Quartz of South Korea between 2021 and 2022 were Philippines ($224k), Vietnam ($75k), and Thailand ($29.4k).

Imports In 2022, South Korea imported $15.8M in Quartz, becoming the 18th largest importer of Quartz in the world. At the same year, Quartz was the 870th most imported product in South Korea. South Korea imports Quartz primarily from: India ($7.28M), China ($4.01M), Turkey ($1.61M), Chinese Taipei ($757k), and United States ($590k).

The fastest growing import markets in Quartz for South Korea between 2021 and 2022 were India ($957k), Turkey ($461k), and United States ($422k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-189k(-53.2%)
IMPORT GROWTH (September 2023 - September 2024)$-2k(-0.17%)
MAIN DESTINATION (September 2024)United States$92k

This section shows Quartz'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 Quartz over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.31M
IMPORTS (2022)$15.8M
NET TRADE (2022)-$9.49M

In 2022, South Korea exported $6.31M in Quartz. The main destinations of South Korea exports on Quartz were United States ($2.67M), China ($1.58M), United Kingdom ($555k), Thailand ($527k), and Japan ($493k).

In 2022, South Korea imported $15.8M in Quartz, mainly from India ($7.28M), China ($4.01M), Turkey ($1.61M), Chinese Taipei ($757k), and United States ($590k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Quartz EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Philippines$224k (1%)
Vietnam$75k (96.9%)
Thailand$29.4k (5.91%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Quartz BY South Korea WERE (2021 - 2022):
United States-$6.77M (-71.7%)
Japan-$953k (-65.9%)
China-$627k (-28.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Quartz were:
China $198M
India $111M
In 2022, South Korea's main importing competitors in Quartz were:

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Trade Value of Quartz by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $605k
TOP IMPORT POTENTIALChina+ $1.23M

Quartz’s highest export potential is China. With an export gap of $605k.   Quartz’s highest import potential is China with an import gap of $1.23M.

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