Key Market Indicators
The country ranked number 14 in 2021, with the United States leading the ranking with 1,430 Kilograms. Japan and China respectively came in numbers 2 and 3 in this ranking. Korea's imports of palladium are expected to decrease slightly over the next five years, dropping 0.8% annually. In 2021, the country was in ninth place, behind China which imported 15,470 kilograms. The United States, Japan and the United Kingdom followed in second, third and fourth place respectively. Exports of palladium from Korea are expected to grow at an average annual rate of 4.6% from 2021 to 2026. In 2021, the country ranked 14th in the world, with the United States taking the lead at 1,430 kilograms. Japan and China came in second and third respectively. Since 2005, Korean exports have increased 18.8% year on year.