2022
Exports
$72.5MWorld Rnk 4 / 77
Flag Rnk 423 / 1204
2022
PRODUCT COMPLEXITY IN Diazo, Azo or Aoxy Compounds
1.03Rnk 161 / 1025
2022
Imports
$75.3MWorld Rnk 2 / 160
Flag Rnk 572 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $72.5M in Diazo, Azo or Aoxy Compounds, making it the 4th largest exporter of Diazo, Azo or Aoxy Compounds in the world. At the same year, Diazo, Azo or Aoxy Compounds was the 423rd most exported product in South Korea. The main destination of Diazo, Azo or Aoxy Compounds exports from South Korea are: United States ($13.3M), Chinese Taipei ($11.6M), China ($8.18M), Vietnam ($7.62M), and Japan ($5.3M).

The fastest growing export markets for Diazo, Azo or Aoxy Compounds of South Korea between 2021 and 2022 were United States ($5.63M), Pakistan ($1.7M), and United Arab Emirates ($1.3M).

Imports In 2022, South Korea imported $75.3M in Diazo, Azo or Aoxy Compounds, becoming the 2nd largest importer of Diazo, Azo or Aoxy Compounds in the world. At the same year, Diazo, Azo or Aoxy Compounds was the 572nd most imported product in South Korea. South Korea imports Diazo, Azo or Aoxy Compounds primarily from: China ($60.5M), Japan ($6.53M), United States ($4.65M), Indonesia ($2.79M), and Chinese Taipei ($248k).

The fastest growing import markets in Diazo, Azo or Aoxy Compounds for South Korea between 2021 and 2022 were Indonesia ($501k), United States ($353k), and Chinese Taipei ($143k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.6M(-27.5%)
IMPORT GROWTH (July 2023 - July 2024)$-412k(-9.39%)
MAIN DESTINATION (July 2024)Chinese Taipei$1.63M

This section shows Diazo, Azo or Aoxy Compounds'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 Diazo, Azo or Aoxy Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$72.5M
IMPORTS (2022)$75.3M
NET TRADE (2022)-$2.75M

In 2022, South Korea exported $72.5M in Diazo, Azo or Aoxy Compounds. The main destinations of South Korea exports on Diazo, Azo or Aoxy Compounds were United States ($13.3M), Chinese Taipei ($11.6M), China ($8.18M), Vietnam ($7.62M), and Japan ($5.3M).

In 2022, South Korea imported $75.3M in Diazo, Azo or Aoxy Compounds, mainly from China ($60.5M), Japan ($6.53M), United States ($4.65M), Indonesia ($2.79M), and Chinese Taipei ($248k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diazo, Azo or Aoxy Compounds EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$5.63M (73.7%)
Pakistan$1.7M (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diazo, Azo or Aoxy Compounds BY South Korea WERE (2021 - 2022):
Japan-$1.53M (-22.4%)
Chinese Taipei-$1.24M (-9.66%)
Hong Kong-$543k (-90.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Diazo, Azo or Aoxy Compounds were:
China $307M
India $85.1M
In 2022, South Korea's main importing competitors in Diazo, Azo or Aoxy Compounds were:

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Trade Value of Diazo, Azo or Aoxy Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.32M
TOP IMPORT POTENTIALIndonesia+ $1.01M

Diazo, Azo or Aoxy Compounds’s highest export potential is China. With an export gap of $1.32M.   Diazo, Azo or Aoxy Compounds’s highest import potential is Indonesia with an import gap of $1.01M.

See methodology.

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