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2022
Exports $1.79BWorld Rnk 6 / 134
Flag Rnk 60 / 1204
2022
Destination $261M China
2021 - 2022
FASTEST GROWING MARKET $261MUnited States
2022
PRODUCT COMPLEXITY IN Coal Tar Oil0.053Rnk 533 / 1025
2022
Imports $1.09BWorld Rnk 12 / 188
Flag Rnk 95 / 1213
2022
Origin $38.4M Japan
2021 - 2022
FASTEST GROWING ORIGIN $38.4MChinese Taipei
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.79B in Coal Tar Oil, making it the 6th largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 60th most exported product in South Korea. The main destination of Coal Tar Oil exports from South Korea are: China ($325M), United States ($300M), India ($223M), Ecuador ($182M), and Singapore ($158M).

The fastest growing export markets for Coal Tar Oil of South Korea between 2021 and 2022 were United States ($261M), India ($92.6M), and Singapore ($67.4M).

Imports In 2022, South Korea imported $1.09B in Coal Tar Oil, becoming the 12th largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 95th most imported product in South Korea. South Korea imports Coal Tar Oil primarily from: Japan ($895M), Chinese Taipei ($46.5M), Thailand ($23.2M), Singapore ($20.7M), and China ($20.7M).

The fastest growing import markets in Coal Tar Oil for South Korea between 2021 and 2022 were Chinese Taipei ($38.4M), Japan ($22M), and China ($19.8M).

COMPANIES In 2023, leading companies such as Tesla (43), LG Electronics (22), and General Motors (11) were at the forefront of shipping Coal Tar Oil from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Coal Tar Oil exports accounted up to $150M and imports accounted up to $38.9M, resulting in a positive trade balance of $111M. Between September 2023 and September 2024 the exports of South Korea's   Coal Tar Oil have decreased by $-39.1M (-20.7%) from $189M to $150M, while imports decreased by $-27.5M (-41.4%) from $66.4M to $38.9M.

Destinations In September 2024, Coal Tar Oil were exported mostly to China ($86.5M), Japan ($17M), Chinese Taipei ($15.4M), India ($15.3M), and Singapore ($5.36M), and were imported mostly from Japan ($34.4M), Malaysia ($1.49M), India ($1.09M), Israel ($563k), and Thailand ($506k).

Growth In September 2024, the decrease in Coal Tar Oil's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-6.25M or -52.5%), Vietnam ($-2.66M or -75%), and Australia ($-1.52M or -46.9%). In September 2024, the decrease in Coal Tar Oil's year-by-year imports was explained primarily by a decrease in imports from Japan ($-35.7M or -48.4%), Thailand ($-10.7M or -93.6%), and United States ($-1.89M or -99.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-39.1M(-20.7%)
IMPORT GROWTH (September 2023 - September 2024)$-27.5M(-41.4%)
MAIN DESTINATION (September 2024)China$86.5M

This section shows Coal Tar Oil'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 Coal Tar Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.79B
IMPORTS (2022)$1.09B
NET TRADE (2022)$696M

In 2022, South Korea exported $1.79B in Coal Tar Oil. The main destinations of South Korea exports on Coal Tar Oil were China ($325M), United States ($300M), India ($223M), Ecuador ($182M), and Singapore ($158M).

In 2022, South Korea imported $1.09B in Coal Tar Oil, mainly from Japan ($895M), Chinese Taipei ($46.5M), Thailand ($23.2M), Singapore ($20.7M), and China ($20.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coal Tar Oil EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$261M (666%)
India$92.6M (71.1%)
Singapore$67.4M (74.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Tar Oil BY South Korea WERE (2021 - 2022):
Ecuador-$127M (-41.1%)
Chinese Taipei-$116M (-54.5%)
China-$79M (-19.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Coal Tar Oil were:
Netherlands $5.47B
Germany $2.81B
United States $2.68B
In 2022, South Korea's main importing competitors in Coal Tar Oil were:
Netherlands $6.91B
Belgium $4.66B
United States $3.03B

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Trade Value of Coal Tar Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $26.2M
TOP IMPORT POTENTIALThailand+ $11.7M

Coal Tar Oil’s highest export potential is China. With an export gap of $26.2M.   Coal Tar Oil’s highest import potential is Thailand with an import gap of $11.7M.

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