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2022
Exports $45.9MWorld Rnk 5 / 74
Flag Rnk 507 / 1204
2022
Destination $1.17M China
2021 - 2022
FASTEST GROWING MARKET $1.17MHong Kong
2022
PRODUCT COMPLEXITY IN Hydrides and other anions1.59Rnk 37 / 1025
2022
Imports $110MWorld Rnk 1 / 136
Flag Rnk 492 / 1213
2022
Origin $9M United States
2021 - 2022
FASTEST GROWING ORIGIN $9MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $45.9M in Hydrides and other anions, making it the 5th largest exporter of Hydrides and other anions in the world. At the same year, Hydrides and other anions was the 507th most exported product in South Korea. The main destination of Hydrides and other anions exports from South Korea are: China ($23.9M), Chinese Taipei ($13.1M), Japan ($4M), Hong Kong ($1.26M), and Singapore ($1.09M).

The fastest growing export markets for Hydrides and other anions of South Korea between 2021 and 2022 were Hong Kong ($1.17M), Vietnam ($343k), and Thailand ($214k).

Imports In 2022, South Korea imported $110M in Hydrides and other anions, becoming the 1st largest importer of Hydrides and other anions in the world. At the same year, Hydrides and other anions was the 492nd most imported product in South Korea. South Korea imports Hydrides and other anions primarily from: United States ($63.2M), China ($31.2M), Japan ($12.4M), Germany ($1.95M), and Singapore ($380k).

The fastest growing import markets in Hydrides and other anions for South Korea between 2021 and 2022 were China ($9M), United States ($4.8M), and Japan ($2.59M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Hydrides and other anions exports accounted up to $4.47M and imports accounted up to $7.65M, resulting in a negative trade balance of $3.19M. Between July 2023 and July 2024 the exports of South Korea's   Hydrides and other anions have increased by $970k (27.8%) from $3.5M to $4.47M, while imports increased by $1.81M (31%) from $5.84M to $7.65M.

Destinations In July 2024, Hydrides and other anions were exported mostly to Chinese Taipei ($1.6M), China ($1.47M), Japan ($376k), United States ($314k), and Thailand ($290k), and were imported mostly from China ($4.08M), United States ($2.58M), Japan ($571k), Germany ($374k), and Switzerland ($29k).

Growth In July 2024, the increase in Hydrides and other anions's year-by-year exports was explained primarily by an increase in exports to India ($14k or 1.4k%) and Austria ($2k or 18.2%). In July 2024, the increase in Hydrides and other anions's year-by-year imports was explained primarily by an increase in imports from United States ($2.73M or 80.4%), China ($518k or 16.9%), and Japan ($293k or 93.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$970k(27.8%)
IMPORT GROWTH (July 2023 - July 2024)$1.81M(31%)
MAIN DESTINATION (July 2024)Chinese Taipei$1.6M

This section shows Hydrides and other anions'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 Hydrides and other anions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$45.9M
IMPORTS (2022)$110M
NET TRADE (2022)-$64.6M

In 2022, South Korea exported $45.9M in Hydrides and other anions. The main destinations of South Korea exports on Hydrides and other anions were China ($23.9M), Chinese Taipei ($13.1M), Japan ($4M), Hong Kong ($1.26M), and Singapore ($1.09M).

In 2022, South Korea imported $110M in Hydrides and other anions, mainly from United States ($63.2M), China ($31.2M), Japan ($12.4M), Germany ($1.95M), and Singapore ($380k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrides and other anions EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hong Kong$1.17M (1.29k%)
Vietnam$343k (402%)
Thailand$214k (8.53k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrides and other anions BY South Korea WERE (2021 - 2022):
China-$3.11M (-11.5%)
United States-$2.12M (-82.1%)
Chinese Taipei-$1.49M (-10.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Hydrides and other anions were:
United States $302M
China $162M
Japan $62.8M
In 2022, South Korea's main importing competitors in Hydrides and other anions were:
China $105M
India $84.1M

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Trade Value of Hydrides and other anions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $460k
TOP IMPORT POTENTIALGermany+ $633k

Hydrides and other anions’s highest export potential is United States. With an export gap of $460k.   Hydrides and other anions’s highest import potential is Germany with an import gap of $633k.

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