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2022
Exports $161MWorld Rnk 11 / 149
Flag Rnk 312 / 1204
2022
Destination $5.18M China
2021 - 2022
FASTEST GROWING MARKET $5.18MGuatemala
2022
PRODUCT COMPLEXITY IN Dyeing Finishing Agents0.45Rnk 386 / 1025
2022
Imports $127MWorld Rnk 12 / 210
Flag Rnk 458 / 1213
2022
Origin $4.85M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $4.85MVietnam
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $161M in Dyeing Finishing Agents, making it the 11th largest exporter of Dyeing Finishing Agents in the world. At the same year, Dyeing Finishing Agents was the 312th most exported product in South Korea. The main destination of Dyeing Finishing Agents exports from South Korea are: China ($72.6M), Vietnam ($17.5M), Guatemala ($14.2M), Indonesia ($9.76M), and Japan ($7.79M).

The fastest growing export markets for Dyeing Finishing Agents of South Korea between 2021 and 2022 were Guatemala ($5.18M), China ($2.96M), and Russia ($917k).

Imports In 2022, South Korea imported $127M in Dyeing Finishing Agents, becoming the 12th largest importer of Dyeing Finishing Agents in the world. At the same year, Dyeing Finishing Agents was the 458th most imported product in South Korea. South Korea imports Dyeing Finishing Agents primarily from: Vietnam ($53.9M), United States ($25.8M), Mexico ($11.2M), China ($9.02M), and Germany ($6.95M).

The fastest growing import markets in Dyeing Finishing Agents for South Korea between 2021 and 2022 were Vietnam ($4.85M), Mexico ($2.27M), and United States ($2.04M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Dyeing Finishing Agents exports accounted up to $12.9M and imports accounted up to $11.8M, resulting in a positive trade balance of $1.06M. Between July 2023 and July 2024 the exports of South Korea's   Dyeing Finishing Agents have increased by $2.41M (23%) from $10.5M to $12.9M, while imports decreased by $-15k (-0.13%) from $11.9M to $11.8M.

Destinations In July 2024, Dyeing Finishing Agents were exported mostly to China ($5.16M), Vietnam ($1.23M), Guatemala ($1.13M), Indonesia ($1.02M), and Belgium ($725k), and were imported mostly from Vietnam ($6.86M), United States ($1.33M), Mexico ($906k), China ($812k), and Germany ($515k).

Growth In July 2024, the increase in Dyeing Finishing Agents's year-by-year exports was explained primarily by an increase in exports to Guatemala ($353k or 45.8%), Turkey ($253k or 408%), and Russia ($211k or 352%). In July 2024, the decrease in Dyeing Finishing Agents's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-3.09M or -46.9%), Mexico ($-891k or -55.3%), and Indonesia ($-196k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.41M(23%)
IMPORT GROWTH (July 2023 - July 2024)$-15k(-0.13%)
MAIN DESTINATION (July 2024)China$5.16M

This section shows Dyeing Finishing Agents'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 Dyeing Finishing Agents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$161M
IMPORTS (2022)$127M
NET TRADE (2022)$34.4M

In 2022, South Korea exported $161M in Dyeing Finishing Agents. The main destinations of South Korea exports on Dyeing Finishing Agents were China ($72.6M), Vietnam ($17.5M), Guatemala ($14.2M), Indonesia ($9.76M), and Japan ($7.79M).

In 2022, South Korea imported $127M in Dyeing Finishing Agents, mainly from Vietnam ($53.9M), United States ($25.8M), Mexico ($11.2M), China ($9.02M), and Germany ($6.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dyeing Finishing Agents EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Guatemala$5.18M (57.3%)
China$2.96M (4.25%)
Russia$917k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dyeing Finishing Agents BY South Korea WERE (2021 - 2022):
Vietnam-$2.54M (-12.7%)
Chinese Taipei-$2.1M (-24.6%)
Belgium-$1.23M (-38.3%)
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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 Dyeing Finishing Agents were:
Germany $645M
United States $494M
France $288M
In 2022, South Korea's main importing competitors in Dyeing Finishing Agents were:
China $353M
Germany $343M
United States $207M

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Trade Value of Dyeing Finishing Agents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.69M
TOP IMPORT POTENTIALChina+ $5.34M

Dyeing Finishing Agents’s highest export potential is India. With an export gap of $2.69M.   Dyeing Finishing Agents’s highest import potential is China with an import gap of $5.34M.

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