2022
Exports
$2.7BWorld Rnk 1 / 70
Flag Rnk 32 / 4439
falsefalseN/A
2022
Imports
$70.5MWorld Rnk 17 / 122
Flag Rnk 947 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

The fastest growing export markets for Benzene of South Korea between 2021 and 2022 were United States ($290M), China ($242M), and Nigeria ($2.16M).

Imports In 2022, South Korea imported $70.5M in Benzene, becoming the 17th largest importer of Benzene in the world. At the same year, Benzene was the 947th most imported product in South Korea. South Korea imports Benzene primarily from: Japan ($67.6M), Malaysia ($2.84M), China ($29.9k), Germany ($24.2k), and India ($11.4k).

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 Benzene from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Benzene. 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)$2.7B
IMPORTS (2022)$70.5M
NET TRADE (2022)$2.63B

In 2022, South Korea imported $70.5M in Benzene, mainly from Japan ($67.6M), Malaysia ($2.84M), China ($29.9k), Germany ($24.2k), and India ($11.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Benzene EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$290M (71.6%)
China$242M (17.7%)
Nigeria$2.16M (279%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Benzene BY South Korea WERE (2021 - 2022):
Chinese Taipei-$62.9M (-17.6%)
Japan-$42.5M (-38.6%)
Saudi Arabia-$3.76M (-18.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Benzene by Exporters

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