Disc Chemicals for Electronics in South Korea 2021 Exports | Imports : $1.11B | $2.19B, World Rnk 6 / 99 Rnk 93 / 1206 | World Rnk 3 / 172 Rnk 43 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $117M | $149M, China | China
2021 ECONOMIC COMPLEXITY of South Korea: 1.82, Rnk 4 / 131
2021 PRODUCT COMPLEXITY IN Disc Chemicals for Electronics: 2.02, Rnk 7 / 1029
Exports In 2021, South Korea exported $1.11B in Disc Chemicals for Electronics, making it the 6th largest exporter of Disc Chemicals for Electronics in the world. At the same year, Disc Chemicals for Electronics was the 93rd most exported product in South Korea. The main destination of Disc Chemicals for Electronics exports from South Korea are: China ($476M), United States ($168M), Japan ($158M), Chinese Taipei ($127M), and France ($66.5M).
The fastest growing export markets for Disc Chemicals for Electronics of South Korea between 2020 and 2021 were China ($117M), Japan ($26.3M), and France ($23M).
Imports In 2021, South Korea imported $2.19B in Disc Chemicals for Electronics, becoming the 3rd largest importer of Disc Chemicals for Electronics in the world. At the same year, Disc Chemicals for Electronics was the 43rd most imported product in South Korea. South Korea imports Disc Chemicals for Electronics primarily from: Japan ($872M), China ($556M), Singapore ($378M), United States ($135M), and Chinese Taipei ($88M).
The fastest growing import markets in Disc Chemicals for Electronics for South Korea between 2020 and 2021 were China ($149M), Singapore ($75.6M), and Chinese Taipei ($27.3M).
Overview In February 2023 South Korea's Disc Chemicals for Electronics exports accounted up to $107M and imports accounted up to $188M, resulting in a negative trade balance of $81.4M. Between February 2022 and February 2023 the exports of South Korea's Disc Chemicals for Electronics have decreased by $-2.25M (-2.07%) from $109M to $107M, while imports increased by $1.31M (0.7%) from $187M to $188M.
Destinations In February 2023, Disc Chemicals for Electronics were exported mostly to China ($51.1M), United States ($18.5M), Singapore ($9.4M), Chinese Taipei ($8.5M), and Japan ($8.34M), and were imported mostly from China ($63M), Japan ($49.3M), Singapore ($31.9M), United States ($19M), and Chinese Taipei ($7.43M).
Growth In February 2023, the decrease in Disc Chemicals for Electronics's year-by-year exports was explained primarily by a decrease in exports to United States ($-465k or -3.02%), Ireland ($-309k or -56.2%), and Germany ($-98k or -21.1%). In February 2023, the increase in Disc Chemicals for Electronics's year-by-year imports was explained primarily by an increase in imports from China ($29.8M or 79.3%), Singapore ($11M or 58.1%), and Japan ($6.23M or 8.98%).
EXPORT GROWTH (February 2022 - February 2023): $-2.25M, (-2.07%)
IMPORT GROWTH (February 2022 - February 2023): $1.31M, (0.7%)
MAIN DESTINATION (February 2023): China, $51.1M
This section shows Disc Chemicals for Electronics'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 Disc Chemicals for Electronics over time.
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EXPORTS (2021): $1.11B
IMPORTS (2021): $2.19B
NET TRADE (2021): -$1.09B
In 2021, South Korea exported $1.11B in Disc Chemicals for Electronics. The main destinations of South Korea exports on Disc Chemicals for Electronics were China ($476M), United States ($168M), Japan ($158M), Chinese Taipei ($127M), and France ($66.5M).
In 2021, South Korea imported $2.19B in Disc Chemicals for Electronics, mainly from Japan ($872M), China ($556M), Singapore ($378M), United States ($135M), and Chinese Taipei ($88M).
THE FASTEST GROWING Disc Chemicals for Electronics EXPORT MARKETS FOR South Korea WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Disc Chemicals for Electronics BY South Korea WERE (2020 - 2021):
In 2021, South Korea's main exporting competitors in Disc Chemicals for Electronics were:
In 2021, South Korea's main importing competitors in Disc Chemicals for Electronics were:
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