HS Icon Photographic Chemicals in  Flag South Korea

2020
Exports | Imports
: $690M | $544M, World Rnk 2 / 141
Flag Rnk 113 / 1207 | World Rnk 3 / 215
Flag Rnk 150 / 1211

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $27M | $86.1M, Hong Kong |  Japan

2020
ECONOMIC COMPLEXITY of South Korea
: 1.88, Rnk 5 / 127

2020
PRODUCT COMPLEXITY  IN Photographic Chemicals
: 2.08, Rnk 6 / 1029

Exports In 2020, South Korea exported $690M in Photographic Chemicals, making it the 2nd largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 113th most exported product in South Korea. The main destination of Photographic Chemicals exports from South Korea are: China ($445M), Hong Kong ($111M), Chinese Taipei ($84.9M), United States ($19.5M), and Japan ($14.8M).

The fastest growing export markets for Photographic Chemicals of South Korea between 2019 and 2020 were Hong Kong ($27M), China ($20.6M), and Chinese Taipei ($893k).

Imports In 2020, South Korea imported $544M in Photographic Chemicals, becoming the 3rd largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 150th most imported product in South Korea. South Korea imports Photographic Chemicals primarily from: Japan ($441M), United States ($34.1M), Belgium ($32.7M), China ($20.5M), and Chinese Taipei ($6.84M).

The fastest growing import markets in Photographic Chemicals for South Korea between 2019 and 2020 were Japan ($86.1M), Belgium ($19.4M), and Chinese Taipei ($2.04M).

Tariffs In 2018, the average tariff for South Korea in Photographic Chemicals was 4.83%. The countries with the highest import tariffs for Photographic Chemicals were Botswana (Most Favoured Nation duty rate treatement, 7.74%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 7.74%), Cameroon (Most Favoured Nation duty rate treatement, 7.74%), Republic of the Congo (Most Favoured Nation duty rate treatement, 7.74%), and Cape Verde (Most Favoured Nation duty rate treatement, 7.74%).

Subnational Monthly Trade

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Time Scale
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Value

EXPORT GROWTH (January 2022 - January 2023): $-10.4M, (-15.8%)

IMPORT GROWTH (January 2022 - January 2023): $-15.6M, (-32.5%)

MAIN DESTINATION (January 2023): China, $43M

This section shows Photographic Chemicals'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 Photographic Chemicals over time.

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Historical Data

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EXPORTS (2020): $690M

IMPORTS (2020): $544M

NET TRADE (2020): $146M

In 2020, South Korea exported $690M in Photographic Chemicals. The main destinations of South Korea exports on Photographic Chemicals were China ($445M), Hong Kong ($111M), Chinese Taipei ($84.9M), United States ($19.5M), and Japan ($14.8M).

In 2020, South Korea imported $544M in Photographic Chemicals, mainly from Japan ($441M), United States ($34.1M), Belgium ($32.7M), China ($20.5M), and Chinese Taipei ($6.84M).

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Flow

THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR South Korea WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY South Korea WERE (2019 - 2020):

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Market Concentration

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In 2020, South Korea's main exporting competitors in Photographic Chemicals were:

In 2020, South Korea's main importing competitors in Photographic Chemicals were:

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