Rosin in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $4.41M in Rosin, making it the 29th largest exporter of Rosin in the world. At the same year, Rosin was the 847th most exported product in South Korea. The main destination of Rosin exports from South Korea are: Vietnam ($1.51M), United States ($1.34M), China ($483k), India ($462k), and Malaysia ($256k).

The fastest growing export markets for Rosin of South Korea between 2021 and 2022 were Vietnam ($845k), United States ($603k), and Malaysia ($219k).

Imports In 2022, South Korea imported $47.3M in Rosin, becoming the 14th largest importer of Rosin in the world. At the same year, Rosin was the 679th most imported product in South Korea. South Korea imports Rosin primarily from: China ($28.8M), Vietnam ($6.88M), United States ($3.9M), Indonesia ($3.72M), and Japan ($1.17M).

The fastest growing import markets in Rosin for South Korea between 2021 and 2022 were Netherlands ($129k), New Zealand ($122k), and Japan ($81.2k).

Latest Trends

November 2024

About

Overview In November 2024 South Korea's Rosin exports accounted up to $632k and imports accounted up to $4.67M, resulting in a negative trade balance of $4.04M. Between November 2023 and November 2024 the exports of South Korea's Rosin have increased by $276k (77.5%) from $356k to $632k, while imports increased by $1.3M (38.4%) from $3.37M to $4.67M.

Destinations In November 2024, Rosin were exported mostly to Russia ($220k), Vietnam ($87k), China ($80k), Canada ($78k), and India ($57k), and were imported mostly from China ($2.98M), Vietnam ($882k), Uganda ($303k), Netherlands ($117k), and Indonesia ($116k).

Growth In November 2024, the increase in Rosin's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($36k or 900%). In November 2024, the increase in Rosin's year-by-year imports was explained primarily by an increase in imports from Indonesia ($204k or 140%), Japan ($67k or 64.4%), and France ($25k or 208%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$276k(77.5%)

IMPORT GROWTH (November 2023 - November 2024)$1.3M(38.4%)

MAIN DESTINATION (November 2024)Russia$220k

This section shows Rosin'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 Rosin over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.41M

IMPORTS (2022)$47.3M

NET TRADE (2022)-$42.9M

In 2022, South Korea exported $4.41M in Rosin. The main destinations of South Korea exports on Rosin were Vietnam ($1.51M), United States ($1.34M), China ($483k), India ($462k), and Malaysia ($256k).

In 2022, South Korea imported $47.3M in Rosin, mainly from China ($28.8M), Vietnam ($6.88M), United States ($3.9M), Indonesia ($3.72M), and Japan ($1.17M).

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