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Exports In 2022, South Korea exported $1.09B in Styrene-butadiene rubber (SBR/XSBR) except latex, making it the 1st largest exporter of Styrene-butadiene rubber (SBR/XSBR) except latex in the world. At the same year, Styrene-butadiene rubber (SBR/XSBR) except latex was the 91st most exported product in South Korea. The main destination of Styrene-butadiene rubber (SBR/XSBR) except latex exports from South Korea are: China ($180M), United States ($175M), Indonesia ($104M), India ($97.9M), and Thailand ($77.3M).

The fastest growing export markets for Styrene-butadiene rubber (SBR/XSBR) except latex of South Korea between 2021 and 2022 were United States ($54.2M), Vietnam ($10.7M), and Poland ($9.39M).

Imports In 2022, South Korea imported $118M in Styrene-butadiene rubber (SBR/XSBR) except latex, becoming the 19th largest importer of Styrene-butadiene rubber (SBR/XSBR) except latex in the world. At the same year, Styrene-butadiene rubber (SBR/XSBR) except latex was the 632nd most imported product in South Korea. South Korea imports Styrene-butadiene rubber (SBR/XSBR) except latex primarily from: Singapore ($27.5M), Czechia ($21.5M), Japan ($20.8M), Germany ($18M), and China ($17.3M).

The fastest growing import markets in Styrene-butadiene rubber (SBR/XSBR) except latex for South Korea between 2021 and 2022 were Singapore ($6.88M), Japan ($4.46M), and China ($3.35M).

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 Styrene-butadiene rubber (SBR/XSBR) except latex from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Styrene-butadiene rubber (SBR/XSBR) except latex. 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)$1.09B
IMPORTS (2022)$118M
NET TRADE (2022)$968M

In 2022, South Korea exported $1.09B in Styrene-butadiene rubber (SBR/XSBR) except latex. The main destinations of South Korea exports on Styrene-butadiene rubber (SBR/XSBR) except latex were China ($180M), United States ($175M), Indonesia ($104M), India ($97.9M), and Thailand ($77.3M).

In 2022, South Korea imported $118M in Styrene-butadiene rubber (SBR/XSBR) except latex, mainly from Singapore ($27.5M), Czechia ($21.5M), Japan ($20.8M), Germany ($18M), and China ($17.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Styrene-butadiene rubber (SBR/XSBR) except latex EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$54.2M (44.8%)
Vietnam$10.7M (16.1%)
Poland$9.39M (38.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene-butadiene rubber (SBR/XSBR) except latex BY South Korea WERE (2021 - 2022):
China-$32.7M (-15.3%)
Indonesia-$23.3M (-18.3%)
India-$23M (-19.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Styrene-butadiene rubber (SBR/XSBR) except latex were:
In 2022, South Korea's main importing competitors in Styrene-butadiene rubber (SBR/XSBR) except latex were:

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Trade Value of Styrene-butadiene rubber (SBR/XSBR) except latex by Exporters

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