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Exports In 2023, South Korea exported $53.1M in Inorganic Compounds, making it the 8th largest exporter of Inorganic Compounds in the world. At the same year, Inorganic Compounds was the 439th most exported product in South Korea. The main destination of Inorganic Compounds exports from South Korea are: Chinese Taipei ($25.9M), China ($19.5M), Japan ($4.44M), United States ($1.84M), and Malaysia ($873k).

The fastest growing export markets for Inorganic Compounds of South Korea between 2022 and 2023 were Japan ($1.2M), United States ($1.01M), and Germany ($110k).

Imports In 2023, South Korea imported $2.76B in Inorganic Compounds, becoming the 1st largest importer of Inorganic Compounds in the world. At the same year, Inorganic Compounds was the 23rd most imported product in South Korea. South Korea imports Inorganic Compounds primarily from: China ($2.69B), Japan ($25.5M), United States ($22.6M), Poland ($15.8M), and Israel ($2.41M).

The fastest growing import markets in Inorganic Compounds for South Korea between 2022 and 2023 were China ($2.69B), United States ($13.5M), and Poland ($13.4M).

COMPANIES In 2024, leading companies such as LG Electronics (3) were at the forefront of shipping Inorganic Compounds from South Korea to the United States.

Latest Trends

December 2006

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2005 - December 2006)$-40k(-33.9%)
IMPORT GROWTH (December 2005 - December 2006)$70k(29.7%)
MAIN DESTINATION (December 2006)

This section shows Inorganic Compounds'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 Inorganic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$53.1M
IMPORTS (2023)$2.76B
NET TRADE (2023)-$2.71B

In 2023, South Korea exported $53.1M in Inorganic Compounds. The main destinations of South Korea exports on Inorganic Compounds were Chinese Taipei ($25.9M), China ($19.5M), Japan ($4.44M), United States ($1.84M), and Malaysia ($873k).

In 2023, South Korea imported $2.76B in Inorganic Compounds, mainly from China ($2.69B), Japan ($25.5M), United States ($22.6M), Poland ($15.8M), and Israel ($2.41M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Inorganic Compounds EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Japan$1.2M (37%)
United States$1.01M (121%)
Germany$110k (88.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Compounds BY South Korea WERE (2022 - 2023):
China-$22.6M (-53.7%)
Chinese Taipei-$12.3M (-32.2%)
Poland-$1.95M (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, South Korea's main exporting competitors in Inorganic Compounds were:
In 2023, South Korea's main importing competitors in Inorganic Compounds were:

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Trade Value of Inorganic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Inorganic Compounds’s highest export potential is N/A. With an export gap of N/A.   Inorganic Compounds’s highest import potential is N/A with an import gap of N/A.

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