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2023
Exports $118MWorld Rnk 10 / 86
Flag Rnk 323 / 1188
2023
Destination $3.78M China
2022 - 2023
FASTEST GROWING MARKET $3.78MJapan
2023
PRODUCT COMPLEXITY IN Epoxides1.53Rnk 40 / 1025
2023
Imports $175MWorld Rnk 5 / 162
Flag Rnk 350 / 1208
2023
Origin $7.15M China
2022 - 2023
FASTEST GROWING ORIGIN $7.15MUnited States
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $118M in Epoxides, making it the 10th largest exporter of Epoxides in the world. At the same year, Epoxides was the 323rd most exported product in South Korea. The main destination of Epoxides exports from South Korea are: China ($41.4M), Japan ($22.7M), United States ($16.1M), India ($6M), and Germany ($5.97M).

The fastest growing export markets for Epoxides of South Korea between 2022 and 2023 were Japan ($3.78M), Norway ($1.68M), and Indonesia ($1.15M).

Imports In 2023, South Korea imported $175M in Epoxides, becoming the 5th largest importer of Epoxides in the world. At the same year, Epoxides was the 350th most imported product in South Korea. South Korea imports Epoxides primarily from: China ($44.7M), Singapore ($43.4M), Japan ($34.2M), Thailand ($27.1M), and United States ($22.7M).

The fastest growing import markets in Epoxides for South Korea between 2022 and 2023 were United States ($7.15M), Netherlands ($348k), and Israel ($345k).

Latest Trends

January 2025

About

Overview In January 2025 South Korea's Epoxides exports accounted up to $14.4M and imports accounted up to $15.3M, resulting in a negative trade balance of $840k. Between January 2024 and January 2025 the exports of South Korea's   Epoxides have increased by $3.78M (35.5%) from $10.6M to $14.4M, while imports increased by $4M (35.5%) from $11.3M to $15.3M.

Destinations In January 2025, Epoxides were exported mostly to China ($6.32M), Netherlands ($3.62M), United States ($1.63M), Japan ($1.53M), and India ($262k), and were imported mostly from Japan ($5.28M), Singapore ($3.97M), Thailand ($3.2M), United States ($1.49M), and China ($998k).

Growth In January 2025, the increase in Epoxides's year-by-year exports was explained primarily by an increase in exports to United States ($2.51M or 661%), Japan ($260k or 19%), and Italy ($181k or 348%). In January 2025, the increase in Epoxides's year-by-year imports was explained primarily by an increase in imports from United States ($1.04M or 1.53k%), China ($723k or 27.6%), and Germany ($216k or 1.27k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$3.78M(35.5%)
IMPORT GROWTH (January 2024 - January 2025)$4M(35.5%)
MAIN DESTINATION (January 2025)China$6.32M

This section shows Epoxides'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 Epoxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$118M
IMPORTS (2023)$175M
NET TRADE (2023)-$57.4M

In 2023, South Korea exported $118M in Epoxides. The main destinations of South Korea exports on Epoxides were China ($41.4M), Japan ($22.7M), United States ($16.1M), India ($6M), and Germany ($5.97M).

In 2023, South Korea imported $175M in Epoxides, mainly from China ($44.7M), Singapore ($43.4M), Japan ($34.2M), Thailand ($27.1M), and United States ($22.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Epoxides EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Japan$3.78M (19.9%)
Norway$1.68M (400%)
Indonesia$1.15M (589%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Epoxides BY South Korea WERE (2022 - 2023):
China-$36.5M (-46.9%)
United States-$33.7M (-67.7%)
India-$3.68M (-38%)
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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 Epoxides were:
Netherlands $668M
United States $571M
Germany $563M
In 2023, South Korea's main importing competitors in Epoxides were:
Germany $575M
Netherlands $499M
China $454M

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Trade Value of Epoxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.92M
TOP IMPORT POTENTIALUnited States+ $2.22M

Epoxides’s highest export potential is India. With an export gap of $3.92M.   Epoxides’s highest import potential is United States with an import gap of $2.22M.

See methodology.

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