Acyclic Alcohols in South Korea | The Observatory of Economic Complexity

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Exports In 2018, South Korea exported $938M in Acyclic Alcohols, making it the 14th largest exporter of Acyclic Alcohols in the world. At the same year, Acyclic Alcohols was the 106th most exported product in South Korea. The main destination of Acyclic Alcohols exports from South Korea are: China ($243M), Vietnam ($96.9M), Turkey ($70.6M), United States ($68.3M), and India ($45.5M).

The fastest growing export markets for Acyclic Alcohols of South Korea between 2021 and 2022 were Netherlands ($21.4M), United Arab Emirates ($9.88M), and Germany ($9.39M).

The fastest growing import markets in Acyclic Alcohols for South Korea between 2021 and 2022 were Trinidad and Tobago ($85.9M), Chile ($29.1M), and Indonesia ($14M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (138k), SAMSUNG ELECTRONICS AMERICA (588), and NISSAN NORTH AMERICA, INC. (53) were at the forefront of shipping Acyclic Alcohols from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Acyclic Alcohols exports accounted up to $72.2M and imports accounted up to $137M, resulting in a negative trade balance of $64.8M. Between February 2023 and February 2024 the exports of South Korea's Acyclic Alcohols have increased by $4.42M (6.52%) from $67.7M to $72.2M, while imports decreased by $-636k (-0.46%) from $138M to $137M.

Destinations In February 2024, Acyclic Alcohols were exported mostly to N/A, and were imported mostly from N/A.

Growth In February 2024, the increase in Acyclic Alcohols's year-by-year exports was explained primarily by an increase in exports to N/A. In February 2024, the decrease in Acyclic Alcohols's year-by-year imports was explained primarily by a decrease in imports from United States ($-15.9M or -39.4%), Oman ($-8.8M or -57.3%), and Saudi Arabia ($-8.36M or -25%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$4.42M(6.52%)

IMPORT GROWTH (February 2023 - February 2024)$-636k(-0.46%)

This section shows Acyclic Alcohols'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 Acyclic Alcohols over time.

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