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Who buys South Korea’s electric cables? Export destinations 2024

In 2024, South Korea exported $3.9 billion of electric cables (356 thousand tonnes), 2.3% of the world total. Its main destinations were the United States (22%), China (15%) and Vietnam (12%). South Korea was the world’s 9th-largest exporter of electric cables.

Summary

Value
$3.9billion
Tonnes
356thousand tonnes
Share of world total
2.3%
World rank
9th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
United States860Tonnes: 91,382USD per tonne: $9,41122.2%Sea
China595Tonnes: 43,702USD per tonne: $13,61015.4%Sea
Vietnam469Tonnes: 30,220USD per tonne: $15,53112.1%Sea
Taiwan176Tonnes: 23,296USD per tonne: $7,5764.6%Sea
Philippines168Tonnes: 16,027USD per tonne: $10,4674.3%Sea
Japan152Tonnes: 15,614USD per tonne: $9,7513.9%Sea
Mexico144Tonnes: 9,486USD per tonne: $15,1353.7%Sea
Singapore re-exports110Tonnes: 10,047USD per tonne: $10,9952.9%Sea
India80.7Tonnes: 5,596USD per tonne: $14,4132.1%Sea
Australia79.9Tonnes: 7,814USD per tonne: $10,2242.1%Sea
Malaysia75.9Tonnes: 5,411USD per tonne: $14,0232%Sea
Netherlands re-exports67.6Tonnes: 13,817USD per tonne: $4,8931.7%Sea
United Kingdom66.6Tonnes: 5,158USD per tonne: $12,9101.7%Sea
Poland61Tonnes: 5,179USD per tonne: $11,7741.6%Sea
Hong Kong re-exports50.8Tonnes: 8,619USD per tonne: $5,8901.3%Sea
Thailand50.6Tonnes: 9,493USD per tonne: $5,3351.3%Sea
Indonesia50.3Tonnes: 3,930USD per tonne: $12,7861.3%Sea
Senegal41.3Tonnes: 3,859USD per tonne: $10,6911.1%Sea
Kuwait41Tonnes: 4,490USD per tonne: $9,1391.1%Sea
Bahrain39.2Tonnes: 4,223USD per tonne: $9,2881%Sea

Trend

Who it sells to

The United States has been its main destination since 2022

Value in USD millions. The five largest destinations in 2024.

  • United States 860
  • China 595
  • Vietnam 469
  • Taiwan 176
  • Philippines 168

Source: CEPII BACI

Show the numbers
Partner19952024
United States11.9860
China100595
Vietnam29.6469
Taiwan2.1176
Philippines15.9168

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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