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Exports In 2022, South Korea exported $9.69M in Lecithins and other phosphoaminolipids, making it the 20th largest exporter of Lecithins and other phosphoaminolipids in the world. At the same year, Lecithins and other phosphoaminolipids was the 1763rd most exported product in South Korea. The main destination of Lecithins and other phosphoaminolipids exports from South Korea are: China ($4.47M), United States ($998k), Russia ($858k), Germany ($653k), and Colombia ($575k).

The fastest growing export markets for Lecithins and other phosphoaminolipids of South Korea between 2021 and 2022 were Russia ($858k), Colombia ($466k), and Germany ($408k).

Imports In 2022, South Korea imported $27.5M in Lecithins and other phosphoaminolipids, becoming the 19th largest importer of Lecithins and other phosphoaminolipids in the world. At the same year, Lecithins and other phosphoaminolipids was the 1617th most imported product in South Korea. South Korea imports Lecithins and other phosphoaminolipids primarily from: Germany ($6.46M), China ($4.86M), India ($3.87M), United States ($3.32M), and Brazil ($2.18M).

The fastest growing import markets in Lecithins and other phosphoaminolipids for South Korea between 2021 and 2022 were China ($2.51M), India ($1.96M), and United Kingdom ($1.11M).

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 Lecithins and other phosphoaminolipids from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Lecithins and other phosphoaminolipids. 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)$9.69M
IMPORTS (2022)$27.5M
NET TRADE (2022)-$17.8M

In 2022, South Korea exported $9.69M in Lecithins and other phosphoaminolipids. The main destinations of South Korea exports on Lecithins and other phosphoaminolipids were China ($4.47M), United States ($998k), Russia ($858k), Germany ($653k), and Colombia ($575k).

In 2022, South Korea imported $27.5M in Lecithins and other phosphoaminolipids, mainly from Germany ($6.46M), China ($4.86M), India ($3.87M), United States ($3.32M), and Brazil ($2.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lecithins and other phosphoaminolipids EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Russia$858k (1%)
Colombia$466k (427%)
Germany$408k (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lecithins and other phosphoaminolipids BY South Korea WERE (2021 - 2022):
India-$1.39M (-82.6%)
China-$867k (-16.3%)
Japan-$222k (-37.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, South Korea's main exporting competitors in Lecithins and other phosphoaminolipids were:
In 2022, South Korea's main importing competitors in Lecithins and other phosphoaminolipids were:

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Trade Value of Lecithins and other phosphoaminolipids by Exporters

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