Cyanides in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $204M in Cyanides, making it the 3rd largest exporter of Cyanides in the world. At the same year, Cyanides was the 275th most exported product in South Korea. The main destination of Cyanides exports from South Korea are: Burkina Faso ($23.2M), Cote d'Ivoire ($17.8M), Papua New Guinea ($16.7M), China ($14.7M), and Indonesia ($14.1M).

The fastest growing export markets for Cyanides of South Korea between 2021 and 2022 were Papua New Guinea ($6.16M), Mali ($4.47M), and Turkey ($2.9M).

Imports In 2022, South Korea imported $6.58M in Cyanides, becoming the 50th largest importer of Cyanides in the world. At the same year, Cyanides was the 990th most imported product in South Korea. South Korea imports Cyanides primarily from: China ($1.97M), Ghana ($1.34M), Japan ($1.04M), United States ($830k), and Czechia ($547k).

The fastest growing import markets in Cyanides for South Korea between 2021 and 2022 were Ghana ($1.34M), United States ($810k), and Netherlands ($237k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Cyanides exports accounted up to $18.3M and imports accounted up to $488k, resulting in a positive trade balance of $17.8M. Between July 2023 and July 2024 the exports of South Korea's Cyanides have increased by $3.33M (22.3%) from $14.9M to $18.3M, while imports increased by $1k (0.21%) from $487k to $488k.

Destinations In July 2024, Cyanides were exported mostly to Indonesia ($2.38M), Zimbabwe ($2.36M), Cote d'Ivoire ($2.29M), Burkina Faso ($1.75M), and Papua New Guinea ($1.64M), and were imported mostly from Czechia ($274k), Japan ($113k), China ($61k), United States ($27k), and India ($10k).

Growth In July 2024, the increase in Cyanides's year-by-year exports was explained primarily by an increase in exports to Peru ($1.19M or 224%), Papua New Guinea ($921k or 84.9%), and Burkina Faso ($895k or 67%). In July 2024, the increase in Cyanides's year-by-year imports was explained primarily by an increase in imports from Czechia ($130k or 13k%), Japan ($5k or 4.9%), and India ($4k or 200%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$3.33M(22.3%)

IMPORT GROWTH (July 2023 - July 2024)$1k(0.21%)

MAIN DESTINATION (July 2024)Indonesia$2.38M

This section shows Cyanides's exports and imports data at subnational level for South Korea. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cyanides over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$204M

IMPORTS (2022)$6.58M

NET TRADE (2022)$197M

In 2022, South Korea exported $204M in Cyanides. The main destinations of South Korea exports on Cyanides were Burkina Faso ($23.2M), Cote d'Ivoire ($17.8M), Papua New Guinea ($16.7M), China ($14.7M), and Indonesia ($14.1M).

In 2022, South Korea imported $6.58M in Cyanides, mainly from China ($1.97M), Ghana ($1.34M), Japan ($1.04M), United States ($830k), and Czechia ($547k).

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