Overview In January 2023 South Korea's Inorganic chemicals exports accounted up to $1.46B and imports accounted up to $2.18B, resulting in a negative trade balance of $712M. Between January 2022 and January 2023 the exports of South Korea's Inorganic chemicals have increased by $579M (65.5%) from $884M to $1.46B, while imports increased by $958M (78.7%) from $1.22B to $2.18B.
Destinations In January 2023, Inorganic chemicals were exported mostly to N/A, and were imported mostly from China ($1.41B), Chile ($259M), France ($95.1M), United States ($62.3M), and Netherlands ($50.8M).
Growth In January 2023, the increase in Inorganic chemicals's year-by-year exports was explained primarily by an increase in exports to China ($155M or 78.6%), United States ($49.2M or 451%), and Poland ($41.7M or 52%). In January 2023, the increase in Inorganic chemicals's year-by-year imports was explained primarily by an increase in imports from China ($318M or 77.4%), Chile ($63.2M or 468%), and Indonesia ($53.9M or 720%).