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Exports In 2022, South Korea exported $11.2M in Bitumen and asphalt, asphaltites and asphaltic rocks, making it the 20th largest exporter of Bitumen and asphalt, asphaltites and asphaltic rocks in the world. At the same year, Bitumen and asphalt, asphaltites and asphaltic rocks was the 1675th most exported product in South Korea. The main destination of Bitumen and asphalt, asphaltites and asphaltic rocks exports from South Korea are: Philippines ($10.6M), Vietnam ($463k), Malaysia ($43.9k), Japan ($29.5k), and Saudi Arabia ($29.2k).

The fastest growing export markets for Bitumen and asphalt, asphaltites and asphaltic rocks of South Korea between 2021 and 2022 were Philippines ($9.4M), Vietnam ($450k), and Malaysia ($38.9k).

Imports In 2022, South Korea imported $2.53M in Bitumen and asphalt, asphaltites and asphaltic rocks, becoming the 39th largest importer of Bitumen and asphalt, asphaltites and asphaltic rocks in the world. At the same year, Bitumen and asphalt, asphaltites and asphaltic rocks was the 3335th most imported product in South Korea. South Korea imports Bitumen and asphalt, asphaltites and asphaltic rocks primarily from: N/A.

The fastest growing import markets in Bitumen and asphalt, asphaltites and asphaltic rocks for South Korea between 2021 and 2022 were Uzbekistan ($2.22M), Trinidad and Tobago ($92.4k), and Pakistan ($4.64k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Bitumen and asphalt, asphaltites and asphaltic rocks from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bitumen and asphalt, asphaltites and asphaltic rocks. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.2M
IMPORTS (2022)$2.53M
NET TRADE (2022)$8.67M

In 2022, South Korea exported $11.2M in Bitumen and asphalt, asphaltites and asphaltic rocks. The main destinations of South Korea exports on Bitumen and asphalt, asphaltites and asphaltic rocks were Philippines ($10.6M), Vietnam ($463k), Malaysia ($43.9k), Japan ($29.5k), and Saudi Arabia ($29.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt, asphaltites and asphaltic rocks EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Philippines$9.4M (763%)
Vietnam$450k (3.34k%)
Malaysia$38.9k (787%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt, asphaltites and asphaltic rocks BY South Korea WERE (2021 - 2022):
Japan-$238k (-89%)
Singapore-$34.9k (-99.8%)
Indonesia-$2.44k (-73.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Bitumen and asphalt, asphaltites and asphaltic rocks were:
In 2022, South Korea's main importing competitors in Bitumen and asphalt, asphaltites and asphaltic rocks were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt, asphaltites and asphaltic rocks by Exporters

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