Overview In July 2024 South Korea's Biodiesel and mixtures thereof exports accounted up to $20.3M and imports accounted up to $2.5M, resulting in a positive trade balance of $17.8M. Between July 2023 and July 2024 the exports of South Korea's Biodiesel and mixtures thereof have decreased by $-23.7M (-53.9%) from $44M to $20.3M, while imports increased by $1.35M (117%) from $1.15M to $2.5M.
Destinations In July 2024, Biodiesel and mixtures thereof were exported mostly to Spain ($14.5M), Belgium ($5.8M), China ($14k), Mexico ($14k), and Vietnam ($1k), and were imported mostly from China ($1.98M), Philippines ($378k), Netherlands ($133k), Malaysia ($15k), and Vietnam ($0).
Growth In July 2024, the decrease in Biodiesel and mixtures thereof's year-by-year exports was explained primarily by a decrease in exports to China ($-12k or -100%). In July 2024, the increase in Biodiesel and mixtures thereof's year-by-year imports was explained primarily by an increase in imports from China ($100k or 17.7%).