Analysis of Vulnerabilities and Impact Pathways in Korea's Industrial Supply Chain

China’s recent export regulations have exposed weaknesses in Korea’s industrial supply chain. China’s restrictions on the export of raw materials, such as urea and chemical fertilizers, have shed light on problems in Korea’s supply chain. Key countries have been attempting to diagnose weaknesses in their supply chains using various approaches. A high dependency on exports and trade imbalances are broadly recognized as indicators of supply chain weakness. The current study builds on that same foundation to define vulnerabilities among imports from China. In this study, urea and other goods with vulnerability issues were categorized as “products of interest” or “vulnerable products.”This report diagnoses weaknesses in Korea’s supply chain with regards to China, identifying products of interest and vulnerability using trade statistics