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2023
Exports $304MWorld Rnk 9 / 135
Flag Rnk 197 / 1188
2023
Destination $7.31M China
2022 - 2023
FASTEST GROWING MARKET $7.31MPhilippines
2023
PRODUCT COMPLEXITY IN Halogenated Hydrocarbons1Rnk 175 / 1025
2023
Imports $469MWorld Rnk 8 / 213
Flag Rnk 172 / 1208
2023
Origin $2.05M China
2022 - 2023
FASTEST GROWING ORIGIN $2.05MFrance
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $304M in Halogenated Hydrocarbons, making it the 9th largest exporter of Halogenated Hydrocarbons in the world. At the same year, Halogenated Hydrocarbons was the 197th most exported product in South Korea. The main destination of Halogenated Hydrocarbons exports from South Korea are: China ($121M), Japan ($63M), Chinese Taipei ($31.7M), Thailand ($30.7M), and Philippines ($13.1M).

The fastest growing export markets for Halogenated Hydrocarbons of South Korea between 2022 and 2023 were Philippines ($7.31M), Singapore ($855k), and Turkey ($754k).

Imports In 2023, South Korea imported $469M in Halogenated Hydrocarbons, becoming the 8th largest importer of Halogenated Hydrocarbons in the world. At the same year, Halogenated Hydrocarbons was the 172nd most imported product in South Korea. South Korea imports Halogenated Hydrocarbons primarily from: China ($241M), Japan ($114M), United States ($98.4M), Singapore ($2.66M), and France ($2.55M).

The fastest growing import markets in Halogenated Hydrocarbons for South Korea between 2022 and 2023 were France ($2.05M), Hong Kong ($1.09M), and Singapore ($950k).

COMPANIES In 2024, leading companies such as Samsung (173), LG Electronics (116), and General Motors (6) were at the forefront of shipping Halogenated Hydrocarbons from South Korea to the United States.

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Halogenated Hydrocarbons exports accounted up to $35M and imports accounted up to $41.6M, resulting in a negative trade balance of $6.67M. Between December 2023 and December 2024 the exports of South Korea's   Halogenated Hydrocarbons have increased by $10.2M (41.2%) from $24.8M to $35M, while imports increased by $726k (1.77%) from $40.9M to $41.6M.

Destinations In December 2024, Halogenated Hydrocarbons were exported mostly to China ($13.1M), Japan ($9.94M), Chinese Taipei ($5M), Thailand ($2.94M), and Vietnam ($1.66M), and were imported mostly from China ($28.3M), Japan ($7.95M), United States ($3.06M), Russia ($1.79M), and Chinese Taipei ($242k).

Growth In December 2024, the increase in Halogenated Hydrocarbons's year-by-year exports was explained primarily by an increase in exports to Thailand ($1.72M or 1.26k%), Turkey ($77k or 513%), and Mexico ($75k or 682%). In December 2024, the increase in Halogenated Hydrocarbons's year-by-year imports was explained primarily by an increase in imports from China ($3.56M or 23.2%), Germany ($123k or 152%), and Hong Kong ($3k or 150%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$10.2M(41.2%)
IMPORT GROWTH (December 2023 - December 2024)$726k(1.77%)
MAIN DESTINATION (December 2024)China$13.1M

This section shows Halogenated Hydrocarbons'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 Halogenated Hydrocarbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$304M
IMPORTS (2023)$469M
NET TRADE (2023)-$165M

In 2023, South Korea exported $304M in Halogenated Hydrocarbons. The main destinations of South Korea exports on Halogenated Hydrocarbons were China ($121M), Japan ($63M), Chinese Taipei ($31.7M), Thailand ($30.7M), and Philippines ($13.1M).

In 2023, South Korea imported $469M in Halogenated Hydrocarbons, mainly from China ($241M), Japan ($114M), United States ($98.4M), Singapore ($2.66M), and France ($2.55M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Halogenated Hydrocarbons EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Philippines$7.31M (127%)
Singapore$855k (12.3%)
Turkey$754k (798%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Halogenated Hydrocarbons BY South Korea WERE (2022 - 2023):
Chinese Taipei-$110M (-77.7%)
China-$70.3M (-36.7%)
Japan-$29M (-31.5%)
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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 Halogenated Hydrocarbons were:
China $2.82B
United States $2.53B
Japan $1.12B
In 2023, South Korea's main importing competitors in Halogenated Hydrocarbons were:
India $944M
China $897M
United States $888M

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Trade Value of Halogenated Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $13.3M
TOP IMPORT POTENTIALChina+ $19.8M

Halogenated Hydrocarbons’s highest export potential is India. With an export gap of $13.3M.   Halogenated Hydrocarbons’s highest import potential is China with an import gap of $19.8M.

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