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Exports In 2022, South Korea exported $2.68M in Ammonia in aqueous solution, making it the 22nd largest exporter of Ammonia in aqueous solution in the world. At the same year, Ammonia in aqueous solution was the 2488th most exported product in South Korea. The main destination of Ammonia in aqueous solution exports from South Korea are: China ($1.8M), Malaysia ($448k), Belgium ($278k), Japan ($88.3k), and Singapore ($18k).

The fastest growing export markets for Ammonia in aqueous solution of South Korea between 2021 and 2022 were Malaysia ($276k), Belgium ($118k), and Japan ($86.8k).

Imports In 2022, South Korea imported $40.7M in Ammonia in aqueous solution, becoming the 2nd largest importer of Ammonia in aqueous solution in the world. At the same year, Ammonia in aqueous solution was the 1338th most imported product in South Korea. South Korea imports Ammonia in aqueous solution primarily from: Bahrain ($36.1M), Malaysia ($4.29M), Germany ($158k), Japan ($88.5k), and United States ($48.9k).

The fastest growing import markets in Ammonia in aqueous solution for South Korea between 2021 and 2022 were Bahrain ($18.2M), Germany ($46.3k), and China ($24k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Ammonia in aqueous solution from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ammonia in aqueous solution. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.68M
IMPORTS (2022)$40.7M
NET TRADE (2022)-$38M

In 2022, South Korea exported $2.68M in Ammonia in aqueous solution. The main destinations of South Korea exports on Ammonia in aqueous solution were China ($1.8M), Malaysia ($448k), Belgium ($278k), Japan ($88.3k), and Singapore ($18k).

In 2022, South Korea imported $40.7M in Ammonia in aqueous solution, mainly from Bahrain ($36.1M), Malaysia ($4.29M), Germany ($158k), Japan ($88.5k), and United States ($48.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ammonia in aqueous solution EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$276k (161%)
Belgium$118k (73.1%)
Japan$86.8k (5.71k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ammonia in aqueous solution BY South Korea WERE (2021 - 2022):
United States-$118k (-99.2%)
Germany-$106k (-100%)
Netherlands-$87.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Ammonia in aqueous solution were:
Egypt $42.5M
Bahrain $36.1M
In 2022, South Korea's main importing competitors in Ammonia in aqueous solution were:
France $49.5M
India $38.2M

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Trade Value of Ammonia in aqueous solution by Exporters

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