2022
Exports
falseWorld Rnk 21 / 80
Flag Rnk 2537 / 4439
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.36M in Potassium nitrate, making it the 21st largest exporter of Potassium nitrate in the world. At the same year, Potassium nitrate was the 2537th most exported product in South Korea. The main destination of Potassium nitrate exports from South Korea are: Vietnam ($1.53M), Japan ($525k), Malaysia ($155k), China ($95.8k), and Bangladesh ($20.9k).

The fastest growing export markets for Potassium nitrate of South Korea between 2021 and 2022 were Vietnam ($664k), Japan ($364k), and Malaysia ($149k).

The fastest growing import markets in Potassium nitrate for South Korea between 2021 and 2022 were Chile ($3.84M), Israel ($2.28M), and China ($1.41M).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Potassium nitrate from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Potassium nitrate. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.36M

In 2022, South Korea exported $2.36M in Potassium nitrate. The main destinations of South Korea exports on Potassium nitrate were Vietnam ($1.53M), Japan ($525k), Malaysia ($155k), China ($95.8k), and Bangladesh ($20.9k).

In N/A, South Korea imported N/A in Potassium nitrate, mainly from Chile ($8.23M), China ($4.84M), Israel ($4.12M), Japan ($446k), and Jordan ($135k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassium nitrate EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$664k (77.2%)
Japan$364k (226%)
Malaysia$149k (2.43k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassium nitrate BY South Korea WERE (2021 - 2022):
China-$297k (-75.6%)
Uzbekistan-$106k (-85.6%)
India-$63.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Potassium nitrate were:
In 2022, South Korea's main importing competitors in Potassium nitrate were:

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Trade Value of Potassium nitrate by Exporters

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