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The fastest growing export markets for Sodium hydroxide (caustic soda) solid of South Korea between 2021 and 2022 were Serbia ($177k), Indonesia ($72.3k), and United States ($50.2k).

Imports In 2022, South Korea imported $13.4M in Sodium hydroxide (caustic soda) solid, becoming the 32nd largest importer of Sodium hydroxide (caustic soda) solid in the world. At the same year, Sodium hydroxide (caustic soda) solid was the 2186th most imported product in South Korea. South Korea imports Sodium hydroxide (caustic soda) solid primarily from: Chinese Taipei ($5.49M), China ($2.9M), Sweden ($1.78M), Germany ($1.26M), and United States ($1.22M).

The fastest growing import markets in Sodium hydroxide (caustic soda) solid for South Korea between 2021 and 2022 were Chinese Taipei ($1.65M), United States ($610k), and Sweden ($353k).

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 Sodium hydroxide (caustic soda) solid 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 Sodium hydroxide (caustic soda) solid. 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)$711k
IMPORTS (2022)$13.4M
NET TRADE (2022)-$12.7M

In 2022, South Korea imported $13.4M in Sodium hydroxide (caustic soda) solid, mainly from Chinese Taipei ($5.49M), China ($2.9M), Sweden ($1.78M), Germany ($1.26M), and United States ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sodium hydroxide (caustic soda) solid EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Serbia$177k (102%)
Indonesia$72.3k (214%)
United States$50.2k (592%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sodium hydroxide (caustic soda) solid BY South Korea WERE (2021 - 2022):
Tanzania-$303k (-100%)
India-$182k (-75.4%)
Chile-$73.8k (-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 Sodium hydroxide (caustic soda) solid were:
China $416M
India $107M
France $71.7M
In 2022, South Korea's main importing competitors in Sodium hydroxide (caustic soda) solid were:

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Trade Value of Sodium hydroxide (caustic soda) solid by Exporters

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