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Exports In 2022, South Korea exported $33.3M in Propane, liquefied, making it the 42nd largest exporter of Propane, liquefied in the world. At the same year, Propane, liquefied was the 1086th most exported product in South Korea. The main destination of Propane, liquefied exports from South Korea are: China ($27.8M), Singapore ($5.33M), Germany ($99.3k), Japan ($97.4k), and Indonesia ($1.55k).

The fastest growing export markets for Propane, liquefied of South Korea between 2021 and 2022 were Singapore ($2.18M), Germany ($93.1k), and Indonesia ($1.55k).

Imports In 2022, South Korea imported $3.62B in Propane, liquefied, becoming the 4th largest importer of Propane, liquefied in the world. At the same year, Propane, liquefied was the 18th most imported product in South Korea. South Korea imports Propane, liquefied primarily from: United States ($2.87B), Canada ($393M), Australia ($103M), Saudi Arabia ($81.9M), and Panama ($50.2M).

The fastest growing import markets in Propane, liquefied for South Korea between 2021 and 2022 were United States ($1.19B), Canada ($192M), and Australia ($84.6M).

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 Propane, liquefied 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 Propane, liquefied. 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)$33.3M
IMPORTS (2022)$3.62B
NET TRADE (2022)-$3.58B

In 2022, South Korea exported $33.3M in Propane, liquefied. The main destinations of South Korea exports on Propane, liquefied were China ($27.8M), Singapore ($5.33M), Germany ($99.3k), Japan ($97.4k), and Indonesia ($1.55k).

In 2022, South Korea imported $3.62B in Propane, liquefied, mainly from United States ($2.87B), Canada ($393M), Australia ($103M), Saudi Arabia ($81.9M), and Panama ($50.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Propane, liquefied EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Singapore$2.18M (69.3%)
Germany$93.1k (1.49k%)
Indonesia$1.55k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propane, liquefied BY South Korea WERE (2021 - 2022):
China-$126M (-81.9%)
Australia-$2.29M (-100%)
Japan-$434k (-81.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Propane, liquefied were:
In 2022, South Korea's main importing competitors in Propane, liquefied were:
China $10.2B
Japan $8.34B
India $6.79B

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Trade Value of Propane, liquefied by Exporters

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