2021
Exports | Imports
$839M | $646MWorld Rnk 2 / 147
Flag Rnk 116 / 1206
World Rnk 3 / 212
Flag Rnk 158 / 1211
2021
ECONOMIC COMPLEXITY of South Korea
1.82Rnk 4 / 131
2021
PRODUCT COMPLEXITY IN Photographic Chemicals
2.02Rnk 4 / 1024

About

Exports In 2021, South Korea exported $839M in Photographic Chemicals, making it the 2nd largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 116th most exported product in South Korea. The main destination of Photographic Chemicals exports from South Korea are: China ($563M), Hong Kong ($143M), Chinese Taipei ($83M), United States ($20M), and Japan ($14.6M).

The fastest growing export markets for Photographic Chemicals of South Korea between 2020 and 2021 were China ($118M), Hong Kong ($30.9M), and Vietnam ($1.15M).

Imports In 2021, South Korea imported $646M in Photographic Chemicals, becoming the 3rd largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 158th most imported product in South Korea. South Korea imports Photographic Chemicals primarily from: Japan ($508M), Belgium ($64.1M), United States ($39.1M), China ($22.4M), and Chinese Taipei ($4.76M).

The fastest growing import markets in Photographic Chemicals for South Korea between 2020 and 2021 were Japan ($66.8M), Belgium ($31.4M), and United States ($5M).

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-5.19M(-9.55%)
IMPORT GROWTH (December 2022 - December 2023)$1.81M(3.87%)
MAIN DESTINATION (December 2023)China$39.3M

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

Trade Balance

Color
EXPORTS (2021)$839M
IMPORTS (2021)$646M
NET TRADE (2021)$193M

In 2021, South Korea exported $839M in Photographic Chemicals. The main destinations of South Korea exports on Photographic Chemicals were China ($563M), Hong Kong ($143M), Chinese Taipei ($83M), United States ($20M), and Japan ($14.6M).

In 2021, South Korea imported $646M in Photographic Chemicals, mainly from Japan ($508M), Belgium ($64.1M), United States ($39.1M), China ($22.4M), and Chinese Taipei ($4.76M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR South Korea WERE (2020 - 2021):
China$118M (26.4%)
Hong Kong$30.9M (27.7%)
Vietnam$1.15M (29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY South Korea WERE (2020 - 2021):
Singapore-$2.1M (-53.3%)
Chinese Taipei-$2M (-2.36%)
Netherlands-$485k (-92.6%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, South Korea's main exporting competitors in Photographic Chemicals were:
In 2021, South Korea's main importing competitors in Photographic Chemicals were:

Explore Visualizations

Trade Value of Photographic Chemicals by Exporters

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