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Exports In 2022, South Korea exported $44.1k in Nitrites of metals, making it the 38th largest exporter of Nitrites of metals in the world. At the same year, Nitrites of metals was the 4022nd most exported product in South Korea. The main destination of Nitrites of metals exports from South Korea are: Indonesia ($14.9k), Vietnam ($12.8k), China ($6.39k), Malaysia ($5.93k), and Chinese Taipei ($1.73k).

The fastest growing export markets for Nitrites of metals of South Korea between 2021 and 2022 were Vietnam ($3.91k), Chinese Taipei ($1.66k), and Indonesia ($961).

Imports In 2022, South Korea imported $6.41M in Nitrites of metals, becoming the 8th largest importer of Nitrites of metals in the world. At the same year, Nitrites of metals was the 2740th most imported product in South Korea. South Korea imports Nitrites of metals primarily from: China ($4.77M), India ($748k), Germany ($657k), United States ($121k), and Japan ($60.4k).

The fastest growing import markets in Nitrites of metals for South Korea between 2021 and 2022 were Singapore ($54.6k), Canada ($101), and Malaysia ($8).

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 Nitrites of metals from South Korea to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$44.1k
IMPORTS (2022)$6.41M
NET TRADE (2022)-$6.37M

In 2022, South Korea exported $44.1k in Nitrites of metals. The main destinations of South Korea exports on Nitrites of metals were Indonesia ($14.9k), Vietnam ($12.8k), China ($6.39k), Malaysia ($5.93k), and Chinese Taipei ($1.73k).

In 2022, South Korea imported $6.41M in Nitrites of metals, mainly from China ($4.77M), India ($748k), Germany ($657k), United States ($121k), and Japan ($60.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites of metals EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$3.91k (44.1%)
Chinese Taipei$1.66k (2.3k%)
Indonesia$961 (6.92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites of metals BY South Korea WERE (2021 - 2022):
Malaysia-$2.73k (-31.6%)
China-$519 (-7.51%)
Hong Kong-$229 (-67.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Nitrites of metals were:
Germany $47.6M
China $33.5M
India $18.2M
In 2022, South Korea's main importing competitors in Nitrites of metals were:

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Trade Value of Nitrites of metals by Exporters

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