Other Inorganic Acids Salts in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $62.4M in Other Inorganic Acids Salts, making it the 6th largest exporter of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 450th most exported product in South Korea. The main destination of Other Inorganic Acids Salts exports from South Korea are: China ($33.7M), Japan ($8.09M), Vietnam ($3.04M), Turkey ($2.64M), and Malaysia ($2.23M).

The fastest growing export markets for Other Inorganic Acids Salts of South Korea between 2021 and 2022 were Mexico ($2.14M), Malaysia ($1.12M), and Brazil ($579k).

Imports In 2022, South Korea imported $30.6M in Other Inorganic Acids Salts, becoming the 15th largest importer of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 766th most imported product in South Korea. South Korea imports Other Inorganic Acids Salts primarily from: Japan ($13.6M), China ($5.45M), United States ($4.52M), Croatia ($2.76M), and United Kingdom ($1.2M).

The fastest growing import markets in Other Inorganic Acids Salts for South Korea between 2021 and 2022 were Croatia ($2.76M), Japan ($1.33M), and France ($527k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Other Inorganic Acids Salts from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Other Inorganic Acids Salts exports accounted up to $5.8M and imports accounted up to $2.64M, resulting in a positive trade balance of $3.16M. Between February 2023 and February 2024 the exports of South Korea's Other Inorganic Acids Salts have increased by $1.04M (21.9%) from $4.76M to $5.8M, while imports increased by $142k (5.69%) from $2.5M to $2.64M.

Destinations In February 2024, Other Inorganic Acids Salts were exported mostly to China ($3.04M), India ($545k), Japan ($489k), Vietnam ($437k), and Malaysia ($301k), and were imported mostly from Japan ($860k), United States ($703k), China ($536k), United Kingdom ($235k), and Malaysia ($172k).

Growth In February 2024, the increase in Other Inorganic Acids Salts's year-by-year exports was explained primarily by an increase in exports to Philippines ($306k or 184%), India ($259k or 231%), and Malaysia ($209k or 995%). In February 2024, the increase in Other Inorganic Acids Salts's year-by-year imports was explained primarily by an increase in imports from United States ($806k or 857%), Japan ($367k or 60.2%), and India ($35k or 700%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$1.04M(21.9%)

IMPORT GROWTH (February 2023 - February 2024)$142k(5.69%)

MAIN DESTINATION (February 2024)China$3.04M

This section shows Other Inorganic Acids Salts'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 Other Inorganic Acids Salts over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download