Residual products of the chemical or allied industries in
South Korea
2021 ECONOMIC COMPLEXITY of South Korea: 1.82, Rnk 4 / 131
2021 ECONOMIC COMPLEXITY of South Korea: 1.82, Rnk 4 / 131
Tariffs In 2018, the average tariff for South Korea in Residual products of the chemical or allied industries was 3.87%. The countries with the highest import tariffs for Residual products of the chemical or allied industries were Botswana (Most Favoured Nation duty rate treatment, 6.21%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6.21%), Cameroon (Most Favoured Nation duty rate treatment, 6.21%), Republic of the Congo (Most Favoured Nation duty rate treatment, 6.21%), and Cape Verde (Most Favoured Nation duty rate treatment, 6.21%).
March 2023
Overview In March 2023 South Korea's Residual products of the chemical or allied industries exports accounted up to $1k and imports accounted up to $3.16M, resulting in a negative trade balance of $3.16M. Between March 2022 and March 2023 the exports of South Korea's Residual products of the chemical or allied industries have increased by $1k (N/A%) from $0 to $1k, while imports decreased by $-1.79M (-36.2%) from $4.95M to $3.16M.
Destinations In March 2023, Residual products of the chemical or allied industries were exported mostly to Japan ($1k), China ($0), Indonesia ($0), Malaysia ($0), and Slovakia ($0), and were imported mostly from China ($2.81M), Malaysia ($207k), Indonesia ($129k), United States ($10k), and Slovakia ($1k).
Growth In March 2023, the increase in Residual products of the chemical or allied industries's year-by-year exports was explained primarily by an increase in exports to . In March 2023, the decrease in Residual products of the chemical or allied industries's year-by-year imports was explained primarily by a decrease in imports from China ($-980k or -44.7%), United States ($-55k or -49.1%), and Hong Kong ($-53k or -46.9%).
EXPORT GROWTH (March 2022 - March 2023): $1k, (N/A%)
IMPORT GROWTH (March 2022 - March 2023): $-1.79M, (-36.2%)
MAIN DESTINATION (March 2023): Japan, $1k
This section shows Residual products of the chemical or allied industries'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 Residual products of the chemical or allied industries over time.
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