HS Icon Propylene Polymers in  Flag South Korea

2021
Exports | Imports
: $5.78B | $190M, World Rnk 2 / 151
Flag Rnk 20 / 1206 | World Rnk 51 / 206
Flag Rnk 365 / 1211

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $246M | $5.02M, United States |  France

2021
ECONOMIC COMPLEXITY of South Korea
: 1.82, Rnk 4 / 131

2021
PRODUCT COMPLEXITY IN Propylene Polymers
: 0.1, Rnk 519 / 1029

Exports In 2021, South Korea exported $5.78B in Propylene Polymers, making it the 2nd largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 20th most exported product in South Korea. The main destination of Propylene Polymers exports from South Korea are: China ($1.61B), Vietnam ($631M), Turkey ($443M), United States ($410M), and Japan ($194M).

The fastest growing export markets for Propylene Polymers of South Korea between 2020 and 2021 were United States ($246M), Vietnam ($244M), and China ($209M).

Imports In 2021, South Korea imported $190M in Propylene Polymers, becoming the 51st largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 365th most imported product in South Korea. South Korea imports Propylene Polymers primarily from: United States ($42.6M), Japan ($29.1M), Singapore ($28.4M), Netherlands ($18.7M), and France ($12.9M).

The fastest growing import markets in Propylene Polymers for South Korea between 2020 and 2021 were France ($5.02M), Netherlands ($4.86M), and United States ($4.85M).

Tariffs In 2018, the average tariff for South Korea in Propylene Polymers was 4.08%. The countries with the highest import tariffs for Propylene Polymers were Botswana (Most Favoured Nation duty rate treatment, 6.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6.5%), Cameroon (Most Favoured Nation duty rate treatment, 6.5%), Republic of the Congo (Most Favoured Nation duty rate treatment, 6.5%), and Cape Verde (Most Favoured Nation duty rate treatment, 6.5%).

March 2023

Subnational Monthly Trade

#permalink to section
Time Scale
Flow
Color

EXPORT GROWTH (March 2022 - March 2023): $-144M, (-28.3%)

IMPORT GROWTH (March 2022 - March 2023): $1.46M, (8.69%)

MAIN DESTINATION (March 2023): China, $72.5M

This section shows Propylene Polymers'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 Propylene Polymers over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

#permalink to section
Color

EXPORTS (2021): $5.78B

IMPORTS (2021): $190M

NET TRADE (2021): $5.59B

In 2021, South Korea exported $5.78B in Propylene Polymers. The main destinations of South Korea exports on Propylene Polymers were China ($1.61B), Vietnam ($631M), Turkey ($443M), United States ($410M), and Japan ($194M).

In 2021, South Korea imported $190M in Propylene Polymers, mainly from United States ($42.6M), Japan ($29.1M), Singapore ($28.4M), Netherlands ($18.7M), and France ($12.9M).

Explore Visualizations

Flow

THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR South Korea WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY South Korea WERE (2020 - 2021):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2021, South Korea's main exporting competitors in Propylene Polymers were:

In 2021, South Korea's main importing competitors in Propylene Polymers were:

Explore Visualizations