2023
Exports
$1.79BWorld Rnk 4 / 166
Flag Rnk 56 / 1188
2023
PRODUCT COMPLEXITY IN Acrylic Polymers
1.2Rnk 105 / 1025
2023
Imports
$233MWorld Rnk 24 / 212
Flag Rnk 277 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $1.79B in Acrylic Polymers, making it the 4th largest exporter of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 56th most exported product in South Korea. The main destination of Acrylic Polymers exports from South Korea are: China ($686M), Turkey ($136M), India ($83M), United States ($80.1M), and Germany ($72.3M).

The fastest growing export markets for Acrylic Polymers of South Korea between 2022 and 2023 were Spain ($22.4M), Czechia ($14.9M), and Sweden ($10.7M).

Imports In 2023, South Korea imported $233M in Acrylic Polymers, becoming the 24th largest importer of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 277th most imported product in South Korea. South Korea imports Acrylic Polymers primarily from: Japan ($81.9M), China ($47.5M), United States ($43.5M), Chinese Taipei ($16.2M), and Singapore ($8.96M).

The fastest growing import markets in Acrylic Polymers for South Korea between 2022 and 2023 were China ($9.55M), Thailand ($6.33M), and Chinese Taipei ($4.85M).

COMPANIES In 2024, leading companies such as Porven (6) and LG Electronics (1) were at the forefront of shipping Acrylic Polymers from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$33.6M(25.9%)
IMPORT GROWTH (December 2023 - December 2024)$5.08M(30.4%)
MAIN DESTINATION (December 2024)China$73.4M

This section shows Acrylic Polymers'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 Acrylic Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.79B
IMPORTS (2023)$233M
NET TRADE (2023)$1.55B

In 2023, South Korea exported $1.79B in Acrylic Polymers. The main destinations of South Korea exports on Acrylic Polymers were China ($686M), Turkey ($136M), India ($83M), United States ($80.1M), and Germany ($72.3M).

In 2023, South Korea imported $233M in Acrylic Polymers, mainly from Japan ($81.9M), China ($47.5M), United States ($43.5M), Chinese Taipei ($16.2M), and Singapore ($8.96M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Acrylic Polymers EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Spain$22.4M (113%)
Czechia$14.9M (193%)
Sweden$10.7M (44.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acrylic Polymers BY South Korea WERE (2022 - 2023):
United States-$92.6M (-53.6%)
Vietnam-$70.6M (-100%)
Russia-$44.2M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Acrylic Polymers were:
In 2023, South Korea's main importing competitors in Acrylic Polymers were:

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Trade Value of Acrylic Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $27.4M
TOP IMPORT POTENTIALChina+ $20.2M

Acrylic Polymers’s highest export potential is India. With an export gap of $27.4M.   Acrylic Polymers’s highest import potential is China with an import gap of $20.2M.

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