About

Exports In 2022, South Korea exported $299k in Magnesium chloride, making it the 25th largest exporter of Magnesium chloride in the world. At the same year, Magnesium chloride was the 3511th most exported product in South Korea. The main destination of Magnesium chloride exports from South Korea are: United States ($271k), Japan ($9.91k), New Zealand ($4.43k), China ($3.32k), and Indonesia ($2.85k).

The fastest growing export markets for Magnesium chloride of South Korea between 2021 and 2022 were United States ($61.5k), New Zealand ($3.69k), and China ($3.26k).

Imports In 2022, South Korea imported $18.4M in Magnesium chloride, becoming the 2nd largest importer of Magnesium chloride in the world. At the same year, Magnesium chloride was the 1928th most imported product in South Korea. South Korea imports Magnesium chloride primarily from: China ($13.4M), Japan ($3.26M), Germany ($488k), Australia ($394k), and Czechia ($351k).

The fastest growing import markets in Magnesium chloride for South Korea between 2021 and 2022 were China ($5.01M), Japan ($450k), and United States ($267k).

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 Magnesium chloride from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
Flow
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 Magnesium chloride. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$299k
IMPORTS (2022)$18.4M
NET TRADE (2022)-$18.1M

In 2022, South Korea exported $299k in Magnesium chloride. The main destinations of South Korea exports on Magnesium chloride were United States ($271k), Japan ($9.91k), New Zealand ($4.43k), China ($3.32k), and Indonesia ($2.85k).

In 2022, South Korea imported $18.4M in Magnesium chloride, mainly from China ($13.4M), Japan ($3.26M), Germany ($488k), Australia ($394k), and Czechia ($351k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium chloride EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$61.5k (29.4%)
New Zealand$3.69k (496%)
China$3.26k (4.86k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium chloride BY South Korea WERE (2021 - 2022):
Indonesia-$43.3k (-93.8%)
Japan-$816 (-7.61%)
Australia-$211 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Magnesium chloride were:
In 2022, South Korea's main importing competitors in Magnesium chloride were:

Explore Visualizations

Trade Value of Magnesium chloride by Exporters

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with