2022
Exports
$22.5MWorld Rnk 16 / 127
Flag Rnk 1281 / 4439
falsefalseN/A
2022
Imports
$194MWorld Rnk 3 / 195
Flag Rnk 417 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

The fastest growing export markets for Ethyl alcohol and other spirits, denatured of South Korea between 2021 and 2022 were Philippines ($2.38M), Australia ($1.88M), and Chinese Taipei ($380k).

Imports In 2022, South Korea imported $194M in Ethyl alcohol and other spirits, denatured, becoming the 3rd largest importer of Ethyl alcohol and other spirits, denatured in the world. At the same year, Ethyl alcohol and other spirits, denatured was the 417th most imported product in South Korea. South Korea imports Ethyl alcohol and other spirits, denatured primarily from: United States ($183M), South Africa ($8.19M), Pakistan ($1.24M), Australia ($568k), and Philippines ($281k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Ethyl alcohol and other spirits, denatured from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ethyl alcohol and other spirits, denatured. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.5M
IMPORTS (2022)$194M
NET TRADE (2022)-$172M

In 2022, South Korea imported $194M in Ethyl alcohol and other spirits, denatured, mainly from United States ($183M), South Africa ($8.19M), Pakistan ($1.24M), Australia ($568k), and Philippines ($281k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ethyl alcohol and other spirits, denatured EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Philippines$2.38M (505%)
Australia$1.88M (1%)
Chinese Taipei$380k (91.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ethyl alcohol and other spirits, denatured BY South Korea WERE (2021 - 2022):
Turkey-$1.17M (-100%)
Singapore-$115k (-95.4%)
Kenya-$27.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Ethyl alcohol and other spirits, denatured were:
In 2022, South Korea's main importing competitors in Ethyl alcohol and other spirits, denatured were:

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Trade Value of Ethyl alcohol and other spirits, denatured by Exporters

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