2022
Exports
$129MWorld Rnk 16 / 119
Flag Rnk 344 / 1204
2022
PRODUCT COMPLEXITY IN Oxygen Heterocyclic Compounds
1.05Rnk 152 / 1025
2022
Imports
$467MWorld Rnk 7 / 196
Flag Rnk 203 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $129M in Oxygen Heterocyclic Compounds, making it the 16th largest exporter of Oxygen Heterocyclic Compounds in the world. At the same year, Oxygen Heterocyclic Compounds was the 344th most exported product in South Korea. The main destination of Oxygen Heterocyclic Compounds exports from South Korea are: France ($68.8M), China ($15.7M), Japan ($14.1M), India ($7.29M), and United States ($5.64M).

The fastest growing export markets for Oxygen Heterocyclic Compounds of South Korea between 2021 and 2022 were Japan ($2.61M), Indonesia ($2.07M), and India ($2.03M).

Imports In 2022, South Korea imported $467M in Oxygen Heterocyclic Compounds, becoming the 7th largest importer of Oxygen Heterocyclic Compounds in the world. At the same year, Oxygen Heterocyclic Compounds was the 203rd most imported product in South Korea. South Korea imports Oxygen Heterocyclic Compounds primarily from: China ($306M), United States ($47.6M), Chinese Taipei ($26M), Germany ($25M), and Japan ($23.6M).

The fastest growing import markets in Oxygen Heterocyclic Compounds for South Korea between 2021 and 2022 were China ($47.6M), France ($5.16M), and United Kingdom ($1.01M).

COMPANIES In 2023, leading companies such as LG Electronics (72), Tesla (7), and General Motors (6) were at the forefront of shipping Oxygen Heterocyclic Compounds from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$3.42M(35.4%)
IMPORT GROWTH (July 2023 - July 2024)$7.52M(26.3%)
MAIN DESTINATION (July 2024)Ireland$4.89M

This section shows Oxygen Heterocyclic Compounds'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 Oxygen Heterocyclic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$129M
IMPORTS (2022)$467M
NET TRADE (2022)-$338M

In 2022, South Korea exported $129M in Oxygen Heterocyclic Compounds. The main destinations of South Korea exports on Oxygen Heterocyclic Compounds were France ($68.8M), China ($15.7M), Japan ($14.1M), India ($7.29M), and United States ($5.64M).

In 2022, South Korea imported $467M in Oxygen Heterocyclic Compounds, mainly from China ($306M), United States ($47.6M), Chinese Taipei ($26M), Germany ($25M), and Japan ($23.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oxygen Heterocyclic Compounds EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$2.61M (22.6%)
Indonesia$2.07M (67.9%)
India$2.03M (38.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oxygen Heterocyclic Compounds BY South Korea WERE (2021 - 2022):
China-$15M (-48.8%)
Singapore-$2.05M (-82.8%)
France-$914k (-1.31%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Oxygen Heterocyclic Compounds were:
In 2022, South Korea's main importing competitors in Oxygen Heterocyclic Compounds were:

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Trade Value of Oxygen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.11M
TOP IMPORT POTENTIALIndia+ $7.65M

Oxygen Heterocyclic Compounds’s highest export potential is China. With an export gap of $7.11M.   Oxygen Heterocyclic Compounds’s highest import potential is India with an import gap of $7.65M.

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