Oxometallic or Peroxometallic Acid Salts in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $4.68B in Oxometallic or Peroxometallic Acid Salts, making it the 1st largest exporter of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 23rd most exported product in South Korea. The main destination of Oxometallic or Peroxometallic Acid Salts exports from South Korea are: Poland ($2.07B), United States ($961M), Malaysia ($355M), Japan ($353M), and Hungary ($290M).

The fastest growing export markets for Oxometallic or Peroxometallic Acid Salts of South Korea between 2021 and 2022 were Poland ($1.23B), United States ($805M), and Slovenia ($289M).

Imports In 2022, South Korea imported $343M in Oxometallic or Peroxometallic Acid Salts, becoming the 6th largest importer of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 248th most imported product in South Korea. South Korea imports Oxometallic or Peroxometallic Acid Salts primarily from: China ($155M), Japan ($89.7M), Hungary ($28.8M), Poland ($20.6M), and Italy ($19.4M).

The fastest growing import markets in Oxometallic or Peroxometallic Acid Salts for South Korea between 2021 and 2022 were Poland ($20M), Italy ($19.4M), and Hungary ($16.7M).

COMPANIES In 2023, leading companies such as General Motors (12) and LG Electronics (9) were at the forefront of shipping Oxometallic or Peroxometallic Acid Salts from South Korea to the United States.

Latest Trends

September 2024

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Overview In September 2024 South Korea's Oxometallic or Peroxometallic Acid Salts exports accounted up to $450M and imports accounted up to $35.6M, resulting in a positive trade balance of $414M. Between September 2023 and September 2024 the exports of South Korea's Oxometallic or Peroxometallic Acid Salts have decreased by $-573M (-56%) from $1.02B to $450M, while imports decreased by $-145M (-80.3%) from $181M to $35.6M.

Destinations In September 2024, Oxometallic or Peroxometallic Acid Salts were exported mostly to Poland ($118M), China ($115M), Hungary ($98.2M), United States ($71.7M), and Malaysia ($22.6M), and were imported mostly from China ($24.1M), Poland ($2.94M), Japan ($2.18M), United States ($1.73M), and Slovenia ($1.72M).

Growth In September 2024, the decrease in Oxometallic or Peroxometallic Acid Salts's year-by-year exports was explained primarily by a decrease in exports to Japan ($-7.25M or -42.7%), Philippines ($-1.2M or -64.7%), and Germany ($-922k or -99.4%). In September 2024, the decrease in Oxometallic or Peroxometallic Acid Salts's year-by-year imports was explained primarily by a decrease in imports from Japan ($-4.23M or -54.2%), Hong Kong ($-441k or -100%), and Vietnam ($-133k or -32.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)$-573M(-56%)

IMPORT GROWTH (September 2023 - September 2024)$-145M(-80.3%)

MAIN DESTINATION (September 2024)Poland$118M

This section shows Oxometallic or Peroxometallic Acid 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 Oxometallic or Peroxometallic Acid Salts over time.

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