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Exports In 2022, South Korea exported $311M in Buta-1, 3-diene and isoprene, making it the 2nd largest exporter of Buta-1, 3-diene and isoprene in the world. At the same year, Buta-1, 3-diene and isoprene was the 279th most exported product in South Korea. The main destination of Buta-1, 3-diene and isoprene exports from South Korea are: United States ($115M), Japan ($92.7M), China ($57.2M), Chinese Taipei ($22.1M), and Mexico ($5.62M).

The fastest growing export markets for Buta-1, 3-diene and isoprene of South Korea between 2021 and 2022 were Japan ($48.4M), China ($18M), and Chinese Taipei ($12.3M).

Imports In 2022, South Korea imported $239M in Buta-1, 3-diene and isoprene, becoming the 2nd largest importer of Buta-1, 3-diene and isoprene in the world. At the same year, Buta-1, 3-diene and isoprene was the 351st most imported product in South Korea. South Korea imports Buta-1, 3-diene and isoprene primarily from: China ($77.4M), Chinese Taipei ($29.9M), India ($24.7M), Brazil ($22.4M), and Singapore ($20M).

The fastest growing import markets in Buta-1, 3-diene and isoprene for South Korea between 2021 and 2022 were Singapore ($14.1M), Saudi Arabia ($13.4M), and Philippines ($12.8M).

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 Buta-1, 3-diene and isoprene from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Buta-1, 3-diene and isoprene. 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)$311M
IMPORTS (2022)$239M
NET TRADE (2022)$72.5M

In 2022, South Korea exported $311M in Buta-1, 3-diene and isoprene. The main destinations of South Korea exports on Buta-1, 3-diene and isoprene were United States ($115M), Japan ($92.7M), China ($57.2M), Chinese Taipei ($22.1M), and Mexico ($5.62M).

In 2022, South Korea imported $239M in Buta-1, 3-diene and isoprene, mainly from China ($77.4M), Chinese Taipei ($29.9M), India ($24.7M), Brazil ($22.4M), and Singapore ($20M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buta-1, 3-diene and isoprene EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$48.4M (109%)
China$18M (46.1%)
Chinese Taipei$12.3M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buta-1, 3-diene and isoprene BY South Korea WERE (2021 - 2022):
United States-$3.15M (-2.66%)
Italy-$2.02M (-40.5%)
Belgium-$1.77M (-75.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Buta-1, 3-diene and isoprene were:
In 2022, South Korea's main importing competitors in Buta-1, 3-diene and isoprene were:

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Trade Value of Buta-1, 3-diene and isoprene by Exporters

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