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2022
Exports $49.8MWorld Rnk 15 / 132
Flag Rnk 488 / 1204
2022
Destination $3.63M China
2021 - 2022
FASTEST GROWING MARKET $3.63MIndia
2022
PRODUCT COMPLEXITY IN Chlorides0.31Rnk 442 / 1025
2022
Imports $192MWorld Rnk 5 / 209
Flag Rnk 373 / 1213
2022
Origin $13.9M China
2021 - 2022
FASTEST GROWING ORIGIN $13.9MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $49.8M in Chlorides, making it the 15th largest exporter of Chlorides in the world. At the same year, Chlorides was the 488th most exported product in South Korea. The main destination of Chlorides exports from South Korea are: China ($16.5M), United States ($8.58M), India ($4.31M), Germany ($4.1M), and United Kingdom ($3.66M).

The fastest growing export markets for Chlorides of South Korea between 2021 and 2022 were India ($3.63M), China ($3M), and Germany ($766k).

Imports In 2022, South Korea imported $192M in Chlorides, becoming the 5th largest importer of Chlorides in the world. At the same year, Chlorides was the 373rd most imported product in South Korea. South Korea imports Chlorides primarily from: China ($83.8M), United States ($39M), Japan ($33.3M), Germany ($7.33M), and France ($5.92M).

The fastest growing import markets in Chlorides for South Korea between 2021 and 2022 were China ($13.9M), United States ($10.8M), and Chile ($2.47M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Chlorides exports accounted up to $3.5M and imports accounted up to $19.7M, resulting in a negative trade balance of $16.2M. Between July 2023 and July 2024 the exports of South Korea's   Chlorides have increased by $1.78M (103%) from $1.72M to $3.5M, while imports increased by $2.83M (16.8%) from $16.9M to $19.7M.

Destinations In July 2024, Chlorides were exported mostly to China ($1.44M), United States ($825k), Japan ($356k), Germany ($277k), and Chinese Taipei ($261k), and were imported mostly from United States ($7.49M), China ($4.95M), Japan ($3.53M), France ($1.08M), and Germany ($764k).

Growth In July 2024, the increase in Chlorides's year-by-year exports was explained primarily by an increase in exports to China ($600k or 73.3%), United Arab Emirates ($23k or 460%), and Malaysia ($7k or 36.8%). In July 2024, the increase in Chlorides's year-by-year imports was explained primarily by an increase in imports from China ($2.8M or 27.8%), United States ($404k or 13.2%), and Germany ($86k or 14.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.78M(103%)
IMPORT GROWTH (July 2023 - July 2024)$2.83M(16.8%)
MAIN DESTINATION (July 2024)China$1.44M

This section shows Chlorides'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 Chlorides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$49.8M
IMPORTS (2022)$192M
NET TRADE (2022)-$142M

In 2022, South Korea exported $49.8M in Chlorides. The main destinations of South Korea exports on Chlorides were China ($16.5M), United States ($8.58M), India ($4.31M), Germany ($4.1M), and United Kingdom ($3.66M).

In 2022, South Korea imported $192M in Chlorides, mainly from China ($83.8M), United States ($39M), Japan ($33.3M), Germany ($7.33M), and France ($5.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chlorides EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
India$3.63M (535%)
China$3M (22.3%)
Germany$766k (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chlorides BY South Korea WERE (2021 - 2022):
Chinese Taipei-$2.64M (-50.4%)
United Kingdom-$812k (-18.2%)
Japan-$726k (-18.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Chlorides were:
China $953M
United States $402M
India $323M
In 2022, South Korea's main importing competitors in Chlorides were:
United States $423M
Japan $305M
China $283M

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Trade Value of Chlorides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.79M
TOP IMPORT POTENTIALIndia+ $4.71M

Chlorides’s highest export potential is China. With an export gap of $1.79M.   Chlorides’s highest import potential is India with an import gap of $4.71M.

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