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2023
Exports $1.93BWorld Rnk 5 / 127
Flag Rnk 52 / 1188
2023
Destination $198M China
2022 - 2023
FASTEST GROWING MARKET $198MChina
2023
PRODUCT COMPLEXITY IN Coal Tar Oil-0.02Rnk 567 / 1025
2023
Imports $911MWorld Rnk 10 / 187
Flag Rnk 96 / 1208
2023
Origin $81.6M Japan
2022 - 2023
FASTEST GROWING ORIGIN $81.6MJapan
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $1.93B in Coal Tar Oil, making it the 5th largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 52nd most exported product in South Korea. The main destination of Coal Tar Oil exports from South Korea are: China ($644M), India ($275M), United States ($242M), Singapore ($170M), and Chinese Taipei ($148M).

The fastest growing export markets for Coal Tar Oil of South Korea between 2022 and 2023 were China ($198M), Chinese Taipei ($53M), and India ($36.4M).

Imports In 2023, South Korea imported $911M in Coal Tar Oil, becoming the 10th largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 96th most imported product in South Korea. South Korea imports Coal Tar Oil primarily from: Japan ($839M), Indonesia ($20.6M), Malaysia ($17.1M), Thailand ($12.9M), and Singapore ($5.84M).

The fastest growing import markets in Coal Tar Oil for South Korea between 2022 and 2023 were Japan ($81.6M), Indonesia ($5.97M), and Malaysia ($2.83M).

COMPANIES In 2024, leading companies such as General Motors (23), LG Electronics (19), and Toyota (4) were at the forefront of shipping Coal Tar Oil from South Korea to the United States.

Latest Trends

January 2025

About

Overview In January 2025 South Korea's Coal Tar Oil exports accounted up to $135M and imports accounted up to $35.7M, resulting in a positive trade balance of $98.9M. Between January 2024 and January 2025 the exports of South Korea's   Coal Tar Oil have decreased by $-6.08M (-4.32%) from $141M to $135M, while imports decreased by $-203k (-0.56%) from $35.9M to $35.7M.

Destinations In January 2025, Coal Tar Oil were exported mostly to United States ($57.9M), China ($22.8M), Chinese Taipei ($16.6M), Singapore ($14.2M), and Japan ($8.43M), and were imported mostly from Japan ($29.8M), Indonesia ($2.01M), Malaysia ($1.43M), India ($1.14M), and Thailand ($464k).

Growth In January 2025, the decrease in Coal Tar Oil's year-by-year exports was explained primarily by a decrease in exports to China ($-17.4M or -31.1%), United Arab Emirates ($-13M or -99.4%), and India ($-3.32M or -12.3%). In January 2025, the decrease in Coal Tar Oil's year-by-year imports was explained primarily by a decrease in imports from Japan ($-6.77M or -17.8%), Indonesia ($-3.6M or -100%), and Australia ($-1.32M or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-6.08M(-4.32%)
IMPORT GROWTH (January 2024 - January 2025)$-203k(-0.56%)
MAIN DESTINATION (January 2025)United States$57.9M

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 (2023)$1.93B
IMPORTS (2023)$911M
NET TRADE (2023)$1.02B

In 2023, South Korea exported $1.93B in Coal Tar Oil. The main destinations of South Korea exports on Coal Tar Oil were China ($644M), India ($275M), United States ($242M), Singapore ($170M), and Chinese Taipei ($148M).

In 2023, South Korea imported $911M in Coal Tar Oil, mainly from Japan ($839M), Indonesia ($20.6M), Malaysia ($17.1M), Thailand ($12.9M), and Singapore ($5.84M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coal Tar Oil EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
China$198M (44.4%)
Chinese Taipei$53M (56%)
India$36.4M (15.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Tar Oil BY South Korea WERE (2022 - 2023):
Singapore-$141M (-45.4%)
Ecuador-$133M (-64.5%)
United States-$61.4M (-20.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Coal Tar Oil were:
Netherlands $3.56B
United States $3.08B
Germany $2.2B
In 2023, South Korea's main importing competitors in Coal Tar Oil were:
Netherlands $5.75B
Belgium $3.07B
Ecuador $2.29B

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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.

See methodology.

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