Nonmetal Sulfides in South Korea 2021 Exports | Imports : $2.89M | $10.4M, World Rnk 12 / 54 Rnk 891 / 1206 | World Rnk 10 / 103 Rnk 939 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.68M | $111k, China | China
2021 ECONOMIC COMPLEXITY of South Korea: 1.82, Rnk 4 / 131
Exports In 2021, South Korea exported $2.89M in Nonmetal Sulfides, making it the 12th largest exporter of Nonmetal Sulfides in the world. At the same year, Nonmetal Sulfides was the 891st most exported product in South Korea. The main destination of Nonmetal Sulfides exports from South Korea are: China ($2.75M), Japan ($137k), Chinese Taipei ($3.02k), and Thailand ($44).
The fastest growing export markets for Nonmetal Sulfides of South Korea between 2020 and 2021 were China ($2.68M) and Chinese Taipei ($887).
Imports In 2021, South Korea imported $10.4M in Nonmetal Sulfides, becoming the 10th largest importer of Nonmetal Sulfides in the world. At the same year, Nonmetal Sulfides was the 939th most imported product in South Korea. South Korea imports Nonmetal Sulfides primarily from: Japan ($9.57M), China ($735k), United States ($55.2k), Italy ($22.8k), and Germany ($17k).
The fastest growing import markets in Nonmetal Sulfides for South Korea between 2020 and 2021 were China ($111k), United States ($30.5k), and Italy ($11.7k).
Tariffs In 2018, the average tariff for South Korea in Nonmetal Sulfides was 3.43%. The countries with the highest import tariffs for Nonmetal Sulfides were Botswana (Most Favoured Nation duty rate treatment, 5.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 5.5%), Cameroon (Most Favoured Nation duty rate treatment, 5.5%), Republic of the Congo (Most Favoured Nation duty rate treatment, 5.5%), and Cape Verde (Most Favoured Nation duty rate treatment, 5.5%).
April 2023
Overview In April 2023 South Korea's Nonmetal Sulfides exports accounted up to $454k and imports accounted up to $1.23M, resulting in a negative trade balance of $772k. Between April 2022 and April 2023 the exports of South Korea's Nonmetal Sulfides have increased by $450k (11.3k%) from $4k to $454k, while imports decreased by $-261k (-17.6%) from $1.49M to $1.23M.
Destinations In April 2023, Nonmetal Sulfides were exported mostly to Japan ($454k), China ($0), and Italy ($0), and were imported mostly from Japan ($1.2M), China ($21k), and Italy ($1k).
Growth In April 2023, the increase in Nonmetal Sulfides's year-by-year exports was explained primarily by an increase in exports to . In April 2023, the decrease in Nonmetal Sulfides's year-by-year imports was explained primarily by a decrease in imports from Japan ($-366k or -56.9%) and United States ($-11k or -100%).
EXPORT GROWTH (April 2022 - April 2023): $450k, (11.3k%)
IMPORT GROWTH (April 2022 - April 2023): $-261k, (-17.6%)
MAIN DESTINATION (April 2023): Japan, $454k
This section shows Nonmetal Sulfides'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 Nonmetal Sulfides over time.
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EXPORTS (2021): $2.89M
IMPORTS (2021): $10.4M
NET TRADE (2021): -$7.53M
In 2021, South Korea exported $2.89M in Nonmetal Sulfides. The main destinations of South Korea exports on Nonmetal Sulfides were China ($2.75M), Japan ($137k), Chinese Taipei ($3.02k), and Thailand ($44).
In 2021, South Korea imported $10.4M in Nonmetal Sulfides, mainly from Japan ($9.57M), China ($735k), United States ($55.2k), Italy ($22.8k), and Germany ($17k).
THE FASTEST GROWING Nonmetal Sulfides EXPORT MARKETS FOR South Korea WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nonmetal Sulfides BY South Korea WERE (2020 - 2021):
In 2021, South Korea's main exporting competitors in Nonmetal Sulfides were:
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