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2022
Exports $11.1MWorld Rnk 25 / 147
Flag Rnk 717 / 1204
2022
Destination $420k China
2021 - 2022
FASTEST GROWING MARKET $420kThailand
2022
PRODUCT COMPLEXITY IN Activated Carbon-0.32Rnk 653 / 1025
2022
Imports $200MWorld Rnk 3 / 203
Flag Rnk 360 / 1213
2022
Origin $6.39M China
2021 - 2022
FASTEST GROWING ORIGIN $6.39MUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $11.1M in Activated Carbon, making it the 25th largest exporter of Activated Carbon in the world. At the same year, Activated Carbon was the 717th most exported product in South Korea. The main destination of Activated Carbon exports from South Korea are: China ($5.12M), Vietnam ($1.1M), Thailand ($683k), Japan ($649k), and United States ($460k).

The fastest growing export markets for Activated Carbon of South Korea between 2021 and 2022 were Thailand ($420k), Hungary ($385k), and Democratic Republic of the Congo ($124k).

Imports In 2022, South Korea imported $200M in Activated Carbon, becoming the 3rd largest importer of Activated Carbon in the world. At the same year, Activated Carbon was the 360th most imported product in South Korea. South Korea imports Activated Carbon primarily from: China ($88.5M), United States ($35.9M), Japan ($21.4M), India ($16.2M), and Philippines ($10.4M).

The fastest growing import markets in Activated Carbon for South Korea between 2021 and 2022 were United States ($6.39M), India ($3.8M), and Philippines ($3.46M).

COMPANIES In 2023, leading companies such as Hyosung (70) were at the forefront of shipping Activated Carbon from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Activated Carbon exports accounted up to $730k and imports accounted up to $15.8M, resulting in a negative trade balance of $15.1M. Between September 2023 and September 2024 the exports of South Korea's   Activated Carbon have decreased by $-1.02M (-58.2%) from $1.75M to $730k, while imports decreased by $-8.2M (-34.1%) from $24M to $15.8M.

Destinations In September 2024, Activated Carbon were exported mostly to China ($274k), United Arab Emirates ($140k), Australia ($118k), Vietnam ($92k), and Japan ($66k), and were imported mostly from China ($6.27M), United States ($3.23M), Japan ($1.67M), Indonesia ($1.14M), and India ($1.07M).

Growth In September 2024, the decrease in Activated Carbon's year-by-year exports was explained primarily by a decrease in exports to China ($-209k or -46.8%), Thailand ($-164k or -85.9%), and Philippines ($-25k or -100%). In September 2024, the decrease in Activated Carbon's year-by-year imports was explained primarily by a decrease in imports from China ($-1.75M or -20.7%), Indonesia ($-584k or -72.9%), and Philippines ($-378k or -44.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-1.02M(-58.2%)
IMPORT GROWTH (September 2023 - September 2024)$-8.2M(-34.1%)
MAIN DESTINATION (September 2024)China$274k

This section shows Activated Carbon'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 Activated Carbon over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.1M
IMPORTS (2022)$200M
NET TRADE (2022)-$189M

In 2022, South Korea exported $11.1M in Activated Carbon. The main destinations of South Korea exports on Activated Carbon were China ($5.12M), Vietnam ($1.1M), Thailand ($683k), Japan ($649k), and United States ($460k).

In 2022, South Korea imported $200M in Activated Carbon, mainly from China ($88.5M), United States ($35.9M), Japan ($21.4M), India ($16.2M), and Philippines ($10.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Activated Carbon EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Thailand$420k (160%)
Hungary$385k (13k%)
Democratic Republic of the Congo$124k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Activated Carbon BY South Korea WERE (2021 - 2022):
China-$476k (-8.49%)
Vietnam-$463k (-29.5%)
Tanzania-$351k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Activated Carbon were:
China $759M
United States $473M
India $378M
In 2022, South Korea's main importing competitors in Activated Carbon were:
United States $346M
Germany $292M

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Trade Value of Activated Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.25M
TOP IMPORT POTENTIALIndia+ $6.11M

Activated Carbon’s highest export potential is China. With an export gap of $1.25M.   Activated Carbon’s highest import potential is India with an import gap of $6.11M.

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