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Exports In 2023, South Korea exported $6.01M in Hydrochloric Acid, making it the 21st largest exporter of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 765th most exported product in South Korea. The main destination of Hydrochloric Acid exports from South Korea are: China ($2.56M), Singapore ($1.04M), United States ($959k), Chinese Taipei ($436k), and India ($394k).

The fastest growing export markets for Hydrochloric Acid of South Korea between 2022 and 2023 were United States ($194k), India ($155k), and Ireland ($76.7k).

Imports In 2023, South Korea imported $16M in Hydrochloric Acid, becoming the 5th largest importer of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 829th most imported product in South Korea. South Korea imports Hydrochloric Acid primarily from: Japan ($13.3M), China ($1.2M), Germany ($697k), United States ($510k), and Chinese Taipei ($138k).

The fastest growing import markets in Hydrochloric Acid for South Korea between 2022 and 2023 were Japan ($1.19M), China ($227k), and Chinese Taipei ($138k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$344k(80.6%)
IMPORT GROWTH (December 2023 - December 2024)$122k(9.65%)
MAIN DESTINATION (December 2024)China$499k

This section shows Hydrochloric Acid'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 Hydrochloric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.01M
IMPORTS (2023)$16M
NET TRADE (2023)-$9.99M

In 2023, South Korea exported $6.01M in Hydrochloric Acid. The main destinations of South Korea exports on Hydrochloric Acid were China ($2.56M), Singapore ($1.04M), United States ($959k), Chinese Taipei ($436k), and India ($394k).

In 2023, South Korea imported $16M in Hydrochloric Acid, mainly from Japan ($13.3M), China ($1.2M), Germany ($697k), United States ($510k), and Chinese Taipei ($138k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrochloric Acid EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
United States$194k (25.4%)
India$155k (65.2%)
Ireland$76.7k (511%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrochloric Acid BY South Korea WERE (2022 - 2023):
Singapore-$5.7M (-84.6%)
China-$2.27M (-46.9%)
Vietnam-$219k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Hydrochloric Acid were:
Germany $78.4M
Canada $56.2M
Japan $36.8M
In 2023, South Korea's main importing competitors in Hydrochloric Acid were:

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Trade Value of Hydrochloric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $363k
TOP IMPORT POTENTIALGermany+ $297k

Hydrochloric Acid’s highest export potential is United States. With an export gap of $363k.   Hydrochloric Acid’s highest import potential is Germany with an import gap of $297k.

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