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Exports In 2022, South Korea exported $11.1M in Hydrochloric Acid, making it the 16th largest exporter of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 716th most exported product in South Korea. The main destination of Hydrochloric Acid exports from South Korea are: China ($5.93M), Singapore ($2.18M), United States ($1.09M), Chinese Taipei ($540k), and Vietnam ($246k).

The fastest growing export markets for Hydrochloric Acid of South Korea between 2021 and 2022 were Singapore ($1.87M), United States ($563k), and China ($529k).

Imports In 2022, South Korea imported $17.7M in Hydrochloric Acid, becoming the 7th largest importer of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 847th most imported product in South Korea. South Korea imports Hydrochloric Acid primarily from: Japan ($14.3M), Germany ($970k), United States ($847k), China ($801k), and Austria ($409k).

The fastest growing import markets in Hydrochloric Acid for South Korea between 2021 and 2022 were United States ($243k), China ($169k), and Germany ($84k).

COMPANIES In 2023, leading companies such as Samsung (22) were at the forefront of shipping Hydrochloric Acid from South Korea to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$87k(17.5%)
IMPORT GROWTH (October 2023 - October 2024)$584k(60.6%)
MAIN DESTINATION (October 2024)China$302k

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 (2022)$11.1M
IMPORTS (2022)$17.7M
NET TRADE (2022)-$6.6M

In 2022, South Korea exported $11.1M in Hydrochloric Acid. The main destinations of South Korea exports on Hydrochloric Acid were China ($5.93M), Singapore ($2.18M), United States ($1.09M), Chinese Taipei ($540k), and Vietnam ($246k).

In 2022, South Korea imported $17.7M in Hydrochloric Acid, mainly from Japan ($14.3M), Germany ($970k), United States ($847k), China ($801k), and Austria ($409k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrochloric Acid EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Singapore$1.87M (599%)
United States$563k (107%)
China$529k (9.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrochloric Acid BY South Korea WERE (2021 - 2022):
Malaysia-$239k (-71.5%)
Italy-$234k (-82.1%)
Japan-$19.9k (-35.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Hydrochloric Acid were:
Germany $72.1M
Canada $43.4M
Japan $36.9M
In 2022, 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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