2022
Exports
$24MWorld Rnk 13 / 100
Flag Rnk 612 / 1204
2022
PRODUCT COMPLEXITY IN Railway Track Fixtures
0.71Rnk 273 / 1025
2022
Imports
$3.08MWorld Rnk 65 / 188
Flag Rnk 1068 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $24M in Railway Track Fixtures, making it the 13th largest exporter of Railway Track Fixtures in the world. At the same year, Railway Track Fixtures was the 612th most exported product in South Korea. The main destination of Railway Track Fixtures exports from South Korea are: Brazil ($12.9M), Chinese Taipei ($4.07M), Bulgaria ($2.03M), India ($1.3M), and Egypt ($1.09M).

The fastest growing export markets for Railway Track Fixtures of South Korea between 2021 and 2022 were Brazil ($5.76M), Chinese Taipei ($2.17M), and India ($1.17M).

Imports In 2022, South Korea imported $3.08M in Railway Track Fixtures, becoming the 65th largest importer of Railway Track Fixtures in the world. At the same year, Railway Track Fixtures was the 1068th most imported product in South Korea. South Korea imports Railway Track Fixtures primarily from: China ($2.11M), Germany ($224k), Japan ($215k), United States ($198k), and Austria ($161k).

The fastest growing import markets in Railway Track Fixtures for South Korea between 2021 and 2022 were Belgium ($110k), Austria ($33.4k), and Malaysia ($26.3k).

COMPANIES In 2023, leading companies such as TE Connectivity (3) were at the forefront of shipping Railway Track Fixtures from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-31k(-93.9%)
IMPORT GROWTH (July 2023 - July 2024)$1.68M(6.01k%)
MAIN DESTINATION (July 2024)United States$2k

This section shows Railway Track Fixtures'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 Railway Track Fixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24M
IMPORTS (2022)$3.08M
NET TRADE (2022)$20.9M

In 2022, South Korea exported $24M in Railway Track Fixtures. The main destinations of South Korea exports on Railway Track Fixtures were Brazil ($12.9M), Chinese Taipei ($4.07M), Bulgaria ($2.03M), India ($1.3M), and Egypt ($1.09M).

In 2022, South Korea imported $3.08M in Railway Track Fixtures, mainly from China ($2.11M), Germany ($224k), Japan ($215k), United States ($198k), and Austria ($161k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Track Fixtures EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Brazil$5.76M (80.4%)
Chinese Taipei$2.17M (114%)
India$1.17M (895%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Track Fixtures BY South Korea WERE (2021 - 2022):
Kazakhstan-$5.59M (-100%)
Japan-$1.1M (-93.1%)
Egypt-$540k (-33.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Railway Track Fixtures were:
In 2022, South Korea's main importing competitors in Railway Track Fixtures were:

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Trade Value of Railway Track Fixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $331k
TOP IMPORT POTENTIALChina+ $375k

Railway Track Fixtures’s highest export potential is India. With an export gap of $331k.   Railway Track Fixtures’s highest import potential is China with an import gap of $375k.

See methodology.

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