2022
Exports
$6.73BWorld Rnk 10 / 222
Flag Rnk 16 / 96
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$8.3BWorld Rnk 8 / 226
Flag Rnk 14 / 96
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $6.73B in Chemical products n.e.s., making it the 10th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 16th most exported product in South Korea. The main destination of Chemical products n.e.s. exports from South Korea are: China ($1.7B), United States ($976M), Hungary ($786M), Japan ($407M), and Vietnam ($362M).

The fastest growing export markets for Chemical products n.e.s. of South Korea between 2021 and 2022 were Hungary ($478M), United States ($269M), and Chinese Taipei ($48.3M).

Imports In 2022, South Korea imported $8.3B in Chemical products n.e.s., becoming the 8th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 14th most imported product in South Korea. South Korea imports Chemical products n.e.s. primarily from: China ($2.46B), Japan ($1.89B), United States ($1.35B), Singapore ($746M), and Germany ($380M).

The fastest growing import markets in Chemical products n.e.s. for South Korea between 2021 and 2022 were China ($495M), Belgium ($37.6M), and Singapore ($30.2M).

COMPANIES In 2023, leading companies such as Samsung (80), Hyosung (70), and Ford Motor Company (43) were at the forefront of shipping Chemical products n.e.s. from South Korea to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$89.2M(17.4%)
IMPORT GROWTH (April 2023 - April 2024)$41.9M(6.04%)
MAIN DESTINATION (April 2024)United States$171M

This section shows Chemical products n.e.s.'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 Chemical products n.e.s. over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$6.73B
IMPORTS (2022)$8.3B
NET TRADE (2022)-$1.57B

In 2022, South Korea exported $6.73B in Chemical products n.e.s.. The main destinations of South Korea exports on Chemical products n.e.s. were China ($1.7B), United States ($976M), Hungary ($786M), Japan ($407M), and Vietnam ($362M).

In 2022, South Korea imported $8.3B in Chemical products n.e.s., mainly from China ($2.46B), Japan ($1.89B), United States ($1.35B), Singapore ($746M), and Germany ($380M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hungary$478M (155%)
United States$269M (38.1%)
Chinese Taipei$48.3M (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY South Korea WERE (2021 - 2022):
Vietnam-$328M (-47.5%)
Germany-$210M (-82.9%)
Italy-$205M (-78%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Chemical products n.e.s. were:
In 2022, South Korea's main importing competitors in Chemical products n.e.s. were:

Explore Visualizations

Trade Value of Chemical products n.e.s. by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with