HS Icon Oxometallic or Peroxometallic Acid Salts in  Flag South Korea

2019
Exports | Imports
: $1.16B | $745M, World Rnk 1 / 93
Flag Rnk 82 / 1200 | World Rnk 2 / 185
Flag Rnk 123 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $165M | $7.68M, Japan |  United States

2019
ECONOMIC COMPLEXITY of South Korea
: 1.9, Rnk 5 / 147

2019
PRODUCT COMPLEXITY  IN Oxometallic or Peroxometallic Acid Salts
: -0.32, Rnk 655 / 1029

Exports In 2019, South Korea exported $1.16B 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 82nd most exported product in South Korea. The main destination of Oxometallic or Peroxometallic Acid Salts exports from South Korea are: China ($439M), Japan ($368M), Malaysia ($165M), Hungary ($124M), and Chinese Taipei ($20.3M).

The fastest growing export markets for Oxometallic or Peroxometallic Acid Salts of South Korea between 2018 and 2019 were Japan ($165M), Hungary ($124M), and Malaysia ($86.7M).

Imports In 2019, South Korea imported $745M in Oxometallic or Peroxometallic Acid Salts, becoming the 2nd largest importer of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 123rd most imported product in South Korea. South Korea imports Oxometallic or Peroxometallic Acid Salts primarily from: China ($448M), Japan ($274M), United States ($10.4M), Netherlands ($3.7M), and Malaysia ($2.39M).

The fastest growing import markets in Oxometallic or Peroxometallic Acid Salts for South Korea between 2018 and 2019 were United States ($7.68M), Hungary ($1.17M), and Turkey ($833k).

Tariffs In 2018, the average tariff for South Korea in Oxometallic or Peroxometallic Acid Salts was 3.41%. The countries with the highest import tariffs for Oxometallic or Peroxometallic Acid Salts were Botswana (Most Favoured Nation duty rate treatement, 5.47%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5.47%), Cameroon (Most Favoured Nation duty rate treatement, 5.47%), Republic of the Congo (Most Favoured Nation duty rate treatement, 5.47%), and Cape Verde (Most Favoured Nation duty rate treatement, 5.47%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): $222M, (151%)

IMPORT GROWTH (June 2020 - June 2021): $33M, (67.2%)

MAIN DESTINATION (June 2021): China, $164M

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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Historical Data

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EXPORTS (2019): $1.16B

IMPORTS (2019): $745M

NET TRADE (2019): $413M

In 2019, South Korea exported $1.16B in Oxometallic or Peroxometallic Acid Salts. The main destinations of South Korea exports on Oxometallic or Peroxometallic Acid Salts were China ($439M), Japan ($368M), Malaysia ($165M), Hungary ($124M), and Chinese Taipei ($20.3M).

In 2019, South Korea imported $745M in Oxometallic or Peroxometallic Acid Salts, mainly from China ($448M), Japan ($274M), United States ($10.4M), Netherlands ($3.7M), and Malaysia ($2.39M).

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IN 2019, South Korea HAD A POSITIVE NET TRADE IN Oxometallic or Peroxometallic Acid Salts WITH:

IN 2019, South Korea HAD A NEGATIVE NET TRADE IN Oxometallic or Peroxometallic Acid Salts WITH:

Flow

THE FASTEST GROWING Oxometallic or Peroxometallic Acid Salts EXPORT MARKETS FOR South Korea WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oxometallic or Peroxometallic Acid Salts BY South Korea WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, South Korea's main exporting competitors in Oxometallic or Peroxometallic Acid Salts were:

In 2019, South Korea's main importing competitors in Oxometallic or Peroxometallic Acid Salts were:

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Tariffs by Country

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In 2018, the average tariff for South Korea in Oxometallic or Peroxometallic Acid Salts was 3.41%.

The countries with the highest tariffs for Oxometallic or Peroxometallic Acid Salts in South Korea were Botswana (Most Favoured Nation duty rate treatement, 5.47%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5.47%), Cameroon (Most Favoured Nation duty rate treatement, 5.47%), Republic of the Congo (Most Favoured Nation duty rate treatement, 5.47%), and Cape Verde (Most Favoured Nation duty rate treatement, 5.47%).