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2022
Exports $190MWorld Rnk 10 / 89
Flag Rnk 288 / 1204
2022
Destination $17.6M China
2021 - 2022
FASTEST GROWING MARKET $17.6MUnited States
2022
PRODUCT COMPLEXITY IN Epoxides1.62Rnk 35 / 1025
2022
Imports $301MWorld Rnk 5 / 152
Flag Rnk 273 / 1213
2022
Origin $28M China
2021 - 2022
FASTEST GROWING ORIGIN $28MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $190M in Epoxides, making it the 10th largest exporter of Epoxides in the world. At the same year, Epoxides was the 288th most exported product in South Korea. The main destination of Epoxides exports from South Korea are: China ($74.9M), United States ($46.4M), Japan ($21M), India ($8.71M), and Germany ($5.06M).

The fastest growing export markets for Epoxides of South Korea between 2021 and 2022 were United States ($17.6M), Japan ($8.44M), and Germany ($3.34M).

Imports In 2022, South Korea imported $301M in Epoxides, becoming the 5th largest importer of Epoxides in the world. At the same year, Epoxides was the 273rd most imported product in South Korea. South Korea imports Epoxides primarily from: China ($84.4M), Japan ($75.8M), Thailand ($69.2M), Singapore ($50.8M), and United States ($12.8M).

The fastest growing import markets in Epoxides for South Korea between 2021 and 2022 were China ($28M), Saudi Arabia ($3.89M), and Thailand ($2.63M).

Latest Trends

November 2024

About

Overview In November 2024 South Korea's Epoxides exports accounted up to $14.1M and imports accounted up to $16.1M, resulting in a negative trade balance of $1.93M. Between November 2023 and November 2024 the exports of South Korea's   Epoxides have increased by $6.56M (86.6%) from $7.58M to $14.1M, while imports increased by $1.34M (9.12%) from $14.7M to $16.1M.

Destinations In November 2024, Epoxides were exported mostly to United States ($4.82M), China ($3.74M), Netherlands ($2.83M), Germany ($716k), and Japan ($495k), and were imported mostly from Japan ($5.43M), Singapore ($5.32M), United States ($2.79M), China ($2.47M), and France ($65k).

Growth In November 2024, the increase in Epoxides's year-by-year exports was explained primarily by an increase in exports to India ($549k or 98%), Thailand ($23k or 63.9%), and Vietnam ($11k or 18.6%). In November 2024, the increase in Epoxides's year-by-year imports was explained primarily by an increase in imports from France ($56k or 373%) and Germany ($13k or 325%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$6.56M(86.6%)
IMPORT GROWTH (November 2023 - November 2024)$1.34M(9.12%)
MAIN DESTINATION (November 2024)United States$4.82M

This section shows Epoxides'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 Epoxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$190M
IMPORTS (2022)$301M
NET TRADE (2022)-$111M

In 2022, South Korea exported $190M in Epoxides. The main destinations of South Korea exports on Epoxides were China ($74.9M), United States ($46.4M), Japan ($21M), India ($8.71M), and Germany ($5.06M).

In 2022, South Korea imported $301M in Epoxides, mainly from China ($84.4M), Japan ($75.8M), Thailand ($69.2M), Singapore ($50.8M), and United States ($12.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Epoxides EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$17.6M (60.9%)
Japan$8.44M (67.1%)
Germany$3.34M (194%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Epoxides BY South Korea WERE (2021 - 2022):
China-$129M (-63.2%)
Chinese Taipei-$33M (-99.2%)
India-$4.41M (-33.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Epoxides were:
Netherlands $1.04B
Germany $639M
Thailand $443M
In 2022, South Korea's main importing competitors in Epoxides were:
Germany $711M
Belgium $523M
China $448M

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Trade Value of Epoxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.92M
TOP IMPORT POTENTIALUnited States+ $2.22M

Epoxides’s highest export potential is India. With an export gap of $3.92M.   Epoxides’s highest import potential is United States with an import gap of $2.22M.

See methodology.

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