HS Icon Cyclic Hydrocarbons in  Flag South Korea

2019
Exports | Imports
: $9.07B | $1.18B, World Rnk 1 / 115
Flag Rnk 10 / 1200 | World Rnk 8 / 189
Flag Rnk 69 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $58M | $72.7M, India |  United States

2019
ECONOMIC COMPLEXITY of South Korea
: 1.9, Rnk 5 / 147

2019
PRODUCT COMPLEXITY  IN Cyclic Hydrocarbons
: 0.76, Rnk 258 / 1029

Exports In 2019, South Korea exported $9.07B in Cyclic Hydrocarbons, making it the 1st largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 10th most exported product in South Korea. The main destination of Cyclic Hydrocarbons exports from South Korea are: China ($6.36B), Chinese Taipei ($1.07B), United States ($696M), India ($200M), and Hong Kong ($177M).

The fastest growing export markets for Cyclic Hydrocarbons of South Korea between 2018 and 2019 were India ($58M), Thailand ($31.2M), and Mexico ($21.4M).

Imports In 2019, South Korea imported $1.18B in Cyclic Hydrocarbons, becoming the 8th largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 69th most imported product in South Korea. South Korea imports Cyclic Hydrocarbons primarily from: Japan ($627M), United States ($299M), Chinese Taipei ($79.7M), China ($72.7M), and Germany ($58.4M).

The fastest growing import markets in Cyclic Hydrocarbons for South Korea between 2018 and 2019 were United States ($72.7M), China ($12.4M), and Saudi Arabia ($11M).

Tariffs In 2018, the average tariff for South Korea in Cyclic Hydrocarbons was 1.75%. The countries with the highest import tariffs for Cyclic Hydrocarbons were Botswana (Most Favoured Nation duty rate treatement, 2.81%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 2.81%), Cameroon (Most Favoured Nation duty rate treatement, 2.81%), Republic of the Congo (Most Favoured Nation duty rate treatement, 2.81%), and Cape Verde (Most Favoured Nation duty rate treatement, 2.81%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): $214M, (52.5%)

IMPORT GROWTH (June 2020 - June 2021): $64.7M, (101%)

MAIN DESTINATION (June 2021): China, $431M

This section shows Cyclic Hydrocarbons'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 Cyclic Hydrocarbons over time.

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Historical Data

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EXPORTS (2019): $9.07B

IMPORTS (2019): $1.18B

NET TRADE (2019): $7.89B

In 2019, South Korea exported $9.07B in Cyclic Hydrocarbons. The main destinations of South Korea exports on Cyclic Hydrocarbons were China ($6.36B), Chinese Taipei ($1.07B), United States ($696M), India ($200M), and Hong Kong ($177M).

In 2019, South Korea imported $1.18B in Cyclic Hydrocarbons, mainly from Japan ($627M), United States ($299M), Chinese Taipei ($79.7M), China ($72.7M), and Germany ($58.4M).

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IN 2019, South Korea HAD A POSITIVE NET TRADE IN Cyclic Hydrocarbons WITH:

IN 2019, South Korea HAD A NEGATIVE NET TRADE IN Cyclic Hydrocarbons WITH:

Flow

THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR South Korea WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY South Korea WERE (2018 - 2019):

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Market Concentration

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In 2019, South Korea's main exporting competitors in Cyclic Hydrocarbons were:

In 2019, South Korea's main importing competitors in Cyclic Hydrocarbons were:

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Tariffs by Country

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In 2018, the average tariff for South Korea in Cyclic Hydrocarbons was 1.75%.

The countries with the highest tariffs for Cyclic Hydrocarbons in South Korea were Botswana (Most Favoured Nation duty rate treatement, 2.81%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 2.81%), Cameroon (Most Favoured Nation duty rate treatement, 2.81%), Republic of the Congo (Most Favoured Nation duty rate treatement, 2.81%), and Cape Verde (Most Favoured Nation duty rate treatement, 2.81%).