Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Korea | Imports and Exports | World | Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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The value of exports of commodity group 280530 "Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed" from Korea totalled $ 839 thousand in 2022. Sales of commodity group 280530 from Korea decreased by 55% in value terms compared to 2021. exports of commodity group 280530 "Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed" decreased by $ 1.05 million (cumulative exports of commodity group 280530 from Korea amounted $1.89 million in 2021)

Exports of commodity group 280530 amounted to 0.005% of total sales of group "" from Korea in 2022 (the value of exports of commodity group from Korea amounted to $15.6 billion in 2022). The share of exports of commodity group 280530 in sales of commodity group from Korea lowered by 0.018 p.p. compared to 2021 (it was 0.024% in 2021, and exports of commodity group from Korea were $7.77 billion).

Exports of commodity group 280530 amounted to 63 percent of total sales of group "" from Korea in 2022 (the value of exports of commodity group from Korea amounted to 1.32 million USD in 2022). The share of exports of commodity group 280530 in sales of commodity group from Korea lowered by 11.2 p.p. compared to 2021 (it was 74 percent in 2021, and exports of commodity group from Korea amounted to 2.53 million USD).

Where does Korea export Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed?

Top export destinations of "Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed" from Korea in 2022:

  • China with a share of 91% (770 thousand US$)
  • USA with a share of 4.92% (41 thousand US$)
  • Germany with a share of 1.04% (8.77 thousand US$)
  • India with a share of 1% (8.46 thousand US$)
  • Other Asia, nes - 4.41 thousand US$
  • Japan - 4.19 thousand US$
  • Singapore - 1.27 thousand US$
  • Hong Kong - 178 US$
  • Thailand - 149 US$
  • Malaysia - 96 US$

The value of imports of commodity group 280530 "Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed" to Korea totalled $ 10.2 million in 2022. Sales of commodity group 280530 to Korea went up by 3.77% compared to 2021: imports of commodity group 280530 "Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed" went up by $ 371 thousand (the value of imports of commodity group 280530 to Korea was equal to $9.83 million in 2021)

Imports of commodity group 280530 "Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed" accounted for 0.001% of total import flow to Korea (in 2022, total imports to Korea amounted to $ 731 billion). The share of commodity group 280530 in total imports to Korea decreased by 0 p.p. compared to 2021 (it was 0.001% in 2021 and cumulative imports to Korea were equal to $ 615 billion).

Imports of commodity group 280530 reached 0.05% of total imports of group "" to Korea in 2022 (imports of commodity group to Korea totalled $20 billion in 2022). The share of purchases of commodity group 280530 in imports of commodity group to Korea went down by 0.038 p.p. compared to 2021 (it was 0.089% in 2021, and imports of commodity group to Korea accounted for $11 billion).

Imports of commodity group 280530 reached 30 percent of total imports of group "" to Korea in 2022 (imports of commodity group to Korea totalled 33 million USD in 2022). The share of purchases of commodity group 280530 in imports of commodity group to Korea went down by 12.6 p.p. compared to 2021 (it was 42 percent in 2021, and imports of commodity group to Korea accounted for 22 million USD).

Where does Korea import Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed from?

Top trading partners (import of "Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed") of Korea in 2022:

  • China with a share of 85% (8.74 million US$)
  • Japan with a share of 9.12% (930 thousand US$)
  • USA with a share of 4.4% (448 thousand US$)
  • Germany - 40 thousand US$
  • France - 13.7 thousand US$
  • Vietnam - 11.2 thousand US$
  • United Kingdom - 5.28 thousand US$
  • Russia - 3.83 thousand US$
  • Hong Kong - 723 US$
  • Belgium - 563 US$

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Korea | Imports and Exports | World | Rare-earth metals, scandium & yttrium, whether or not intermixed/interalloyed | Value (US$) and Value Growth, YoY (%) | 2011 - 2022