2022
Exports | Imports
$9.79B | $1.49BWorld Rnk 1 / 120
Flag Rnk 10 / 1204
World Rnk 8 / 194
Flag Rnk 72 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.71Rnk 4 / 124
2022
PRODUCT COMPLEXITY IN Cyclic Hydrocarbons
0.53Rnk 362 / 1025

About

Exports In 2022, South Korea exported $9.79B in Cyclic Hydrocarbons, making it the 1st largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 10th most exported product in South Korea. The main destination of Cyclic Hydrocarbons exports from South Korea are: China ($6.28B), United States ($1.18B), Chinese Taipei ($1.14B), India ($341M), and Hong Kong ($249M).

The fastest growing export markets for Cyclic Hydrocarbons of South Korea between 2021 and 2022 were United States ($722M), China ($295M), and India ($86.1M).

Imports In 2022, South Korea imported $1.49B in Cyclic Hydrocarbons, becoming the 8th largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 72nd most imported product in South Korea. South Korea imports Cyclic Hydrocarbons primarily from: Japan ($674M), China ($583M), Chinese Taipei ($113M), Saudi Arabia ($52.5M), and United States ($22.3M).

The fastest growing import markets in Cyclic Hydrocarbons for South Korea between 2021 and 2022 were China ($418M), Saudi Arabia ($27M), and Japan ($11.8M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (356) and ELECTROLUX HOME PRODUCTS, INC. (56) were at the forefront of shipping Cyclic Hydrocarbons from South Korea to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-45.3M(-5.7%)
IMPORT GROWTH (January 2023 - January 2024)$27.4M(34.3%)
MAIN DESTINATION (January 2024)China$471M

This section shows Cyclic Hydrocarbons'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 Cyclic Hydrocarbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.79B
IMPORTS (2022)$1.49B
NET TRADE (2022)$8.3B

In 2022, South Korea exported $9.79B in Cyclic Hydrocarbons. The main destinations of South Korea exports on Cyclic Hydrocarbons were China ($6.28B), United States ($1.18B), Chinese Taipei ($1.14B), India ($341M), and Hong Kong ($249M).

In 2022, South Korea imported $1.49B in Cyclic Hydrocarbons, mainly from Japan ($674M), China ($583M), Chinese Taipei ($113M), Saudi Arabia ($52.5M), and United States ($22.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$722M (158%)
China$295M (4.93%)
India$86.1M (33.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY South Korea WERE (2021 - 2022):
Chinese Taipei-$132M (-10.4%)
Hong Kong-$23.7M (-8.68%)
Thailand-$19.9M (-71.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Cyclic Hydrocarbons by Exporters

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