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2023
Exports $1.09BWorld Rnk 5 / 113
Flag Rnk 84 / 1188
2023
Destination $19.6M China
2022 - 2023
FASTEST GROWING MARKET $19.6MSingapore
2023
PRODUCT COMPLEXITY IN Disc Chemicals for Electronics1.86Rnk 7 / 1025
2023
Imports $2.12BWorld Rnk 4 / 174
Flag Rnk 41 / 1208
2023
Origin $36.5M China
2022 - 2023
FASTEST GROWING ORIGIN $36.5MSingapore
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $1.09B in Disc Chemicals for Electronics, making it the 5th largest exporter of Disc Chemicals for Electronics in the world. At the same year, Disc Chemicals for Electronics was the 84th most exported product in South Korea. The main destination of Disc Chemicals for Electronics exports from South Korea are: China ($378M), United States ($205M), Japan ($119M), Chinese Taipei ($112M), and Singapore ($102M).

The fastest growing export markets for Disc Chemicals for Electronics of South Korea between 2022 and 2023 were Singapore ($19.6M), United States ($8.38M), and France ($5.83M).

Imports In 2023, South Korea imported $2.12B in Disc Chemicals for Electronics, becoming the 4th largest importer of Disc Chemicals for Electronics in the world. At the same year, Disc Chemicals for Electronics was the 41st most imported product in South Korea. South Korea imports Disc Chemicals for Electronics primarily from: China ($729M), Japan ($682M), Singapore ($423M), United States ($152M), and France ($35.5M).

The fastest growing import markets in Disc Chemicals for Electronics for South Korea between 2022 and 2023 were Singapore ($36.5M), Netherlands ($923k), and Austria ($415k).

COMPANIES In 2024, leading companies such as LG Electronics (8) were at the forefront of shipping Disc Chemicals for Electronics from South Korea to the United States.

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Disc Chemicals for Electronics exports accounted up to $178M and imports accounted up to $246M, resulting in a negative trade balance of $67.2M. Between December 2023 and December 2024 the exports of South Korea's   Disc Chemicals for Electronics have increased by $89.8M (101%) from $88.6M to $178M, while imports increased by $26.8M (12.2%) from $219M to $246M.

Destinations In December 2024, Disc Chemicals for Electronics were exported mostly to China ($128M), Singapore ($13.3M), United States ($11.8M), Chinese Taipei ($8.79M), and Japan ($7.54M), and were imported mostly from China ($95M), Japan ($74.9M), Singapore ($33M), Czechia ($19.2M), and United States ($13.1M).

Growth In December 2024, the increase in Disc Chemicals for Electronics's year-by-year exports was explained primarily by an increase in exports to China ($3.74M or 11.8%), Japan ($2.66M or 42.5%), and Hong Kong ($648k or 5.89k%). In December 2024, the increase in Disc Chemicals for Electronics's year-by-year imports was explained primarily by an increase in imports from Czechia ($10.4M or 202%), Germany ($1.78M or 33.3%), and United States ($1.56M or 11.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$89.8M(101%)
IMPORT GROWTH (December 2023 - December 2024)$26.8M(12.2%)
MAIN DESTINATION (December 2024)China$128M

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.09B
IMPORTS (2023)$2.12B
NET TRADE (2023)-$1.04B

In 2023, South Korea exported $1.09B in Disc Chemicals for Electronics. The main destinations of South Korea exports on Disc Chemicals for Electronics were China ($378M), United States ($205M), Japan ($119M), Chinese Taipei ($112M), and Singapore ($102M).

In 2023, South Korea imported $2.12B in Disc Chemicals for Electronics, mainly from China ($729M), Japan ($682M), Singapore ($423M), United States ($152M), and France ($35.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Disc Chemicals for Electronics EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Singapore$19.6M (23.8%)
United States$8.38M (4.26%)
France$5.83M (6.19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Disc Chemicals for Electronics BY South Korea WERE (2022 - 2023):
China-$206M (-35.3%)
Japan-$72.6M (-38%)
Chinese Taipei-$61.5M (-35.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Disc Chemicals for Electronics were:
China $7.02B
Japan $4.96B
United States $1.74B
In 2023, South Korea's main importing competitors in Disc Chemicals for Electronics were:
Chinese Taipei $3.17B
China $2.48B
Malaysia $2.15B

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Trade Value of Disc Chemicals for Electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.6M
TOP IMPORT POTENTIALChina+ $65.1M

Disc Chemicals for Electronics’s highest export potential is China. With an export gap of $24.6M.   Disc Chemicals for Electronics’s highest import potential is China with an import gap of $65.1M.

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