2022
Exports
$523MWorld Rnk 11 / 119
Flag Rnk 158 / 1204
falsefalse China
2022
PRODUCT COMPLEXITY IN Polyamides
1.5Rnk 51 / 1025
2022
Imports
$625MWorld Rnk 9 / 190
Flag Rnk 162 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $523M in Polyamides, making it the 11th largest exporter of Polyamides in the world. At the same year, Polyamides was the 158th most exported product in South Korea. The main destination of Polyamides exports from South Korea are: China ($120M), India ($65.9M), Vietnam ($57.4M), Japan ($53.6M), and United States ($32.6M).

The fastest growing export markets for Polyamides of South Korea between 2021 and 2022 were Mexico ($10.6M), Japan ($6.85M), and United States ($5.03M).

Imports In 2022, South Korea imported $625M in Polyamides, becoming the 9th largest importer of Polyamides in the world. At the same year, Polyamides was the 162nd most imported product in South Korea. South Korea imports Polyamides primarily from: China ($305M), United States ($148M), Japan ($34.3M), Germany ($23.9M), and France ($21.4M).

COMPANIES In 2023, leading companies such as Samsung (15), LG Electronics (11), and Tesla (2) were at the forefront of shipping Polyamides from South Korea to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-773k(-2.27%)
IMPORT GROWTH (October 2023 - October 2024)$1.21M(2.48%)
MAIN DESTINATION (October 2024)China$5.85M

This section shows Polyamides'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 Polyamides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$523M
IMPORTS (2022)$625M
NET TRADE (2022)-$102M

In 2022, South Korea exported $523M in Polyamides. The main destinations of South Korea exports on Polyamides were China ($120M), India ($65.9M), Vietnam ($57.4M), Japan ($53.6M), and United States ($32.6M).

In 2022, South Korea imported $625M in Polyamides, mainly from China ($305M), United States ($148M), Japan ($34.3M), Germany ($23.9M), and France ($21.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polyamides EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Mexico$10.6M (70.5%)
Japan$6.85M (14.7%)
United States$5.03M (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyamides BY South Korea WERE (2021 - 2022):
China-$24.5M (-16.9%)
Vietnam-$8.21M (-12.5%)
Hong Kong-$4.96M (-49.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Polyamides were:
In 2022, South Korea's main importing competitors in Polyamides were:
Germany $2.02B
China $1.84B
Italy $1.03B

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Trade Value of Polyamides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $30.3M
TOP IMPORT POTENTIALGermany+ $13.1M

Polyamides’s highest export potential is China. With an export gap of $30.3M.   Polyamides’s highest import potential is Germany with an import gap of $13.1M.

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