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Exports In 2022, South Korea exported $3.5M in Choline, salts, making it the 10th largest exporter of Choline, salts in the world. At the same year, Choline, salts was the 2361st most exported product in South Korea. The main destination of Choline, salts exports from South Korea are: Thailand ($1.22M), Vietnam ($832k), Indonesia ($608k), Chinese Taipei ($299k), and Italy ($295k).

The fastest growing export markets for Choline, salts of South Korea between 2021 and 2022 were Vietnam ($552k), Hong Kong ($10.8k), and Indonesia ($7.02k).

Imports In 2022, South Korea imported $63.3M in Choline, salts, becoming the 1st largest importer of Choline, salts in the world. At the same year, Choline, salts was the 1035th most imported product in South Korea. South Korea imports Choline, salts primarily from: China ($31.4M), Italy ($28M), United States ($1.52M), Belgium ($900k), and India ($585k).

The fastest growing import markets in Choline, salts for South Korea between 2021 and 2022 were United States ($949k), India ($560k), and Belgium ($211k).

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 Choline, salts from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Choline, salts. 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)$3.5M
IMPORTS (2022)$63.3M
NET TRADE (2022)-$59.8M

In 2022, South Korea exported $3.5M in Choline, salts. The main destinations of South Korea exports on Choline, salts were Thailand ($1.22M), Vietnam ($832k), Indonesia ($608k), Chinese Taipei ($299k), and Italy ($295k).

In 2022, South Korea imported $63.3M in Choline, salts, mainly from China ($31.4M), Italy ($28M), United States ($1.52M), Belgium ($900k), and India ($585k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Choline, salts EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$552k (197%)
Hong Kong$10.8k (63.1%)
Indonesia$7.02k (1.17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Choline, salts BY South Korea WERE (2021 - 2022):
China-$1.05M (-100%)
Thailand-$764k (-38.5%)
Chinese Taipei-$69.2k (-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 Choline, salts were:
China $146M
Belgium $83.5M
Italy $61.3M
In 2022, South Korea's main importing competitors in Choline, salts were:

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Trade Value of Choline, salts by Exporters

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