2022
Exports
$50.5MWorld Rnk 30 / 106
Flag Rnk 486 / 1204
2022
PRODUCT COMPLEXITY IN Ammonia
-1.27Rnk 901 / 1025
2022
Imports
$1.14BWorld Rnk 4 / 187
Flag Rnk 90 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $50.5M in Ammonia, making it the 30th largest exporter of Ammonia in the world. At the same year, Ammonia was the 486th most exported product in South Korea. The main destination of Ammonia exports from South Korea are: Japan ($37M), China ($8.49M), United States ($2.68M), Malaysia ($1.14M), and Belgium ($465k).

The fastest growing export markets for Ammonia of South Korea between 2021 and 2022 were Japan ($25.6M), China ($981k), and Malaysia ($356k).

Imports In 2022, South Korea imported $1.14B in Ammonia, becoming the 4th largest importer of Ammonia in the world. At the same year, Ammonia was the 90th most imported product in South Korea. South Korea imports Ammonia primarily from: Indonesia ($500M), Saudi Arabia ($464M), Bahrain ($64.6M), Australia ($38.9M), and Malaysia ($31.4M).

The fastest growing import markets in Ammonia for South Korea between 2021 and 2022 were Saudi Arabia ($285M), Indonesia ($217M), and Bahrain ($26.4M).

COMPANIES In 2023, leading companies such as BARRY CALLEBAUT USA, LLC (6) were at the forefront of shipping Ammonia from South Korea to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-491k(-31.7%)
IMPORT GROWTH (March 2023 - March 2024)$-48.6M(-65.6%)
MAIN DESTINATION (March 2024)China$595k

This section shows Ammonia'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 Ammonia over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.5M
IMPORTS (2022)$1.14B
NET TRADE (2022)-$1.09B

In 2022, South Korea exported $50.5M in Ammonia. The main destinations of South Korea exports on Ammonia were Japan ($37M), China ($8.49M), United States ($2.68M), Malaysia ($1.14M), and Belgium ($465k).

In 2022, South Korea imported $1.14B in Ammonia, mainly from Indonesia ($500M), Saudi Arabia ($464M), Bahrain ($64.6M), Australia ($38.9M), and Malaysia ($31.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ammonia EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$25.6M (225%)
China$981k (13.1%)
Malaysia$356k (45.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ammonia BY South Korea WERE (2021 - 2022):
Germany-$108k (-100%)
Netherlands-$87.1k (-100%)
Vietnam-$34.2k (-66.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Ammonia were:
In 2022, South Korea's main importing competitors in Ammonia were:

Explore Visualizations

Trade Value of Ammonia by Exporters

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