2022
Exports
$40.9MWorld Rnk 7 / 102
Flag Rnk 985 / 4439
falsefalseN/A
2022
Imports
$16.4MWorld Rnk 11 / 181
Flag Rnk 2023 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

The fastest growing export markets for Inorganic oxygen compounds of non-metals nes of South Korea between 2021 and 2022 were Vietnam ($1.51M), Chinese Taipei ($1.07M), and Thailand ($709k).

Imports In 2022, South Korea imported $16.4M in Inorganic oxygen compounds of non-metals nes, becoming the 11th largest importer of Inorganic oxygen compounds of non-metals nes in the world. At the same year, Inorganic oxygen compounds of non-metals nes was the 2023rd most imported product in South Korea. South Korea imports Inorganic oxygen compounds of non-metals nes primarily from: China ($11.9M), Japan ($3.48M), United States ($781k), Israel ($55k), and Belgium ($54.5k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Inorganic oxygen compounds of non-metals nes from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Inorganic oxygen compounds of non-metals nes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$40.9M
IMPORTS (2022)$16.4M
NET TRADE (2022)$24.5M

In 2022, South Korea imported $16.4M in Inorganic oxygen compounds of non-metals nes, mainly from China ($11.9M), Japan ($3.48M), United States ($781k), Israel ($55k), and Belgium ($54.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic oxygen compounds of non-metals nes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$1.51M (117%)
Chinese Taipei$1.07M (28.8%)
Thailand$709k (14.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic oxygen compounds of non-metals nes BY South Korea WERE (2021 - 2022):
Poland-$5.97M (-58.1%)
United States-$2.03M (-78.9%)
China-$208k (-0.86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Inorganic oxygen compounds of non-metals nes were:
In 2022, South Korea's main importing competitors in Inorganic oxygen compounds of non-metals nes were:

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Trade Value of Inorganic oxygen compounds of non-metals nes by Exporters

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