Overview In June 2023 South Korea's Ammonia exports accounted up to $884k and imports accounted up to $32.8M, resulting in a negative trade balance of $31.9M. Between June 2022 and June 2023 the exports of South Korea's Ammonia have decreased by $-5.06M (-85.1%) from $5.94M to $884k, while imports decreased by $-32.9M (-50.1%) from $65.7M to $32.8M.
Destinations In June 2023, Ammonia were exported mostly to China ($497k), United States ($217k), Singapore ($63k), Malaysia ($39k), and Belgium ($32k), and were imported mostly from Saudi Arabia ($22.6M), Indonesia ($7.15M), Australia ($3.04M), Japan ($20k), and United States ($4k).
Growth In June 2023, the decrease in Ammonia's year-by-year exports was explained primarily by a decrease in exports to China ($-104k or -14.1%), Vietnam ($-3k or -100%), and Singapore ($-2k or -40%). In June 2023, the decrease in Ammonia's year-by-year imports was explained primarily by a decrease in imports from Germany ($-13k or -81.3%) and Spain ($-6k or -100%).