Sulfides in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $1.17M in Sulfides, making it the 28th largest exporter of Sulfides in the world. At the same year, Sulfides was the 969th most exported product in South Korea. The main destination of Sulfides exports from South Korea are: Thailand ($403k), China ($345k), Japan ($102k), Malaysia ($89.5k), and United States ($65.6k).

The fastest growing export markets for Sulfides of South Korea between 2021 and 2022 were Thailand ($370k), Malaysia ($87.7k), and United States ($65.4k).

Imports In 2022, South Korea imported $33.1M in Sulfides, becoming the 9th largest importer of Sulfides in the world. At the same year, Sulfides was the 754th most imported product in South Korea. South Korea imports Sulfides primarily from: China ($13.6M), Austria ($12.6M), United States ($2.32M), Germany ($1.6M), and Japan ($1.55M).

The fastest growing import markets in Sulfides for South Korea between 2021 and 2022 were China ($4.2M), Austria ($3.77M), and Japan ($683k).

Latest Trends

July 2024

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Overview In July 2024 South Korea's Sulfides exports accounted up to $188k and imports accounted up to $3.06M, resulting in a negative trade balance of $2.88M. Between July 2023 and July 2024 the exports of South Korea's Sulfides have decreased by $-273k (-59.2%) from $461k to $188k, while imports increased by $1.62M (113%) from $1.44M to $3.06M.

Destinations In July 2024, Sulfides were exported mostly to United States ($134k), Israel ($47k), Japan ($6k), Chinese Taipei ($1k), and China ($0), and were imported mostly from China ($1.05M), Austria ($814k), Bosnia and Herzegovina ($529k), United States ($513k), and Japan ($85k).

Growth In July 2024, the decrease in Sulfides's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-286k or -100%), China ($-24k or -41.4%), and Chinese Taipei ($-1k or -100%). In July 2024, the increase in Sulfides's year-by-year imports was explained primarily by an increase in imports from Austria ($758k or 108%) and China ($119k or 7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-273k(-59.2%)

IMPORT GROWTH (July 2023 - July 2024)$1.62M(113%)

MAIN DESTINATION (July 2024)United States$134k

This section shows Sulfides'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 Sulfides over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.17M

IMPORTS (2022)$33.1M

NET TRADE (2022)-$31.9M

In 2022, South Korea exported $1.17M in Sulfides. The main destinations of South Korea exports on Sulfides were Thailand ($403k), China ($345k), Japan ($102k), Malaysia ($89.5k), and United States ($65.6k).

In 2022, South Korea imported $33.1M in Sulfides, mainly from China ($13.6M), Austria ($12.6M), United States ($2.32M), Germany ($1.6M), and Japan ($1.55M).

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