Coal Tar Oil in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $1.79B in Coal Tar Oil, making it the 6th largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 60th most exported product in South Korea. The main destination of Coal Tar Oil exports from South Korea are: China ($325M), United States ($300M), India ($223M), Ecuador ($182M), and Singapore ($158M).

The fastest growing export markets for Coal Tar Oil of South Korea between 2021 and 2022 were United States ($261M), India ($92.6M), and Singapore ($67.4M).

Imports In 2022, South Korea imported $1.09B in Coal Tar Oil, becoming the 12th largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 95th most imported product in South Korea. South Korea imports Coal Tar Oil primarily from: Japan ($895M), Chinese Taipei ($46.5M), Thailand ($23.2M), Singapore ($20.7M), and China ($20.7M).

The fastest growing import markets in Coal Tar Oil for South Korea between 2021 and 2022 were Chinese Taipei ($38.4M), Japan ($22M), and China ($19.8M).

COMPANIES In 2023, leading companies such as TESLA, INC. (43), LG ELECTRONICS USA (22), and GENERAL MOTORS LLC (11) were at the forefront of shipping Coal Tar Oil from South Korea to the United States.

Latest Trends

March 2024

About

Overview In March 2024 South Korea's Coal Tar Oil exports accounted up to $207M and imports accounted up to $72.9M, resulting in a positive trade balance of $134M. Between March 2023 and March 2024 the exports of South Korea's Coal Tar Oil have increased by $48.1M (30.3%) from $159M to $207M, while imports decreased by $-16.4M (-18.4%) from $89.4M to $72.9M.

Destinations In March 2024, Coal Tar Oil were exported mostly to United States ($54.2M), China ($50.3M), India ($27.5M), Japan ($20.2M), and Chinese Taipei ($17.1M), and were imported mostly from Japan ($64.8M), Indonesia ($3.16M), Australia ($1.69M), Malaysia ($1.02M), and Singapore ($723k).

Growth In March 2024, the increase in Coal Tar Oil's year-by-year exports was explained primarily by an increase in exports to India ($23.6M or 735%), China ($22.5M or 67.2%), and United Arab Emirates ($6.99M or 115%). In March 2024, the decrease in Coal Tar Oil's year-by-year imports was explained primarily by a decrease in imports from Japan ($-35.7M or -48.4%), Thailand ($-10.7M or -93.6%), and United States ($-1.89M or -99.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$48.1M(30.3%)

IMPORT GROWTH (March 2023 - March 2024)$-16.4M(-18.4%)

MAIN DESTINATION (March 2024)United States$54.2M

This section shows Coal Tar Oil'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 Coal Tar Oil 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.79B

IMPORTS (2022)$1.09B

NET TRADE (2022)$696M

In 2022, South Korea exported $1.79B in Coal Tar Oil. The main destinations of South Korea exports on Coal Tar Oil were China ($325M), United States ($300M), India ($223M), Ecuador ($182M), and Singapore ($158M).

In 2022, South Korea imported $1.09B in Coal Tar Oil, mainly from Japan ($895M), Chinese Taipei ($46.5M), Thailand ($23.2M), Singapore ($20.7M), and China ($20.7M).

Explore Visualizations