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Exports In 2022, South Korea exported $121M in Ethylene glycol (ethanediol), making it the 11th largest exporter of Ethylene glycol (ethanediol) in the world. At the same year, Ethylene glycol (ethanediol) was the 532nd most exported product in South Korea. The main destination of Ethylene glycol (ethanediol) exports from South Korea are: China ($72.9M), Belgium ($19.4M), Turkey ($7.62M), Egypt ($3.9M), and Vietnam ($2.92M).

The fastest growing export markets for Ethylene glycol (ethanediol) of South Korea between 2021 and 2022 were Egypt ($3.89M), Chinese Taipei ($1.94M), and Netherlands ($1.87M).

Imports In 2022, South Korea imported $185M in Ethylene glycol (ethanediol), becoming the 12th largest importer of Ethylene glycol (ethanediol) in the world. At the same year, Ethylene glycol (ethanediol) was the 431st most imported product in South Korea. South Korea imports Ethylene glycol (ethanediol) primarily from: Saudi Arabia ($123M), Chinese Taipei ($40.3M), United States ($9M), India ($7.12M), and Canada ($3M).

The fastest growing import markets in Ethylene glycol (ethanediol) for South Korea between 2021 and 2022 were Saudi Arabia ($9.91M), Canada ($3M), and China ($1.5M).

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 Ethylene glycol (ethanediol) from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Ethylene glycol (ethanediol). 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)$121M
IMPORTS (2022)$185M
NET TRADE (2022)-$63.8M

In 2022, South Korea exported $121M in Ethylene glycol (ethanediol). The main destinations of South Korea exports on Ethylene glycol (ethanediol) were China ($72.9M), Belgium ($19.4M), Turkey ($7.62M), Egypt ($3.9M), and Vietnam ($2.92M).

In 2022, South Korea imported $185M in Ethylene glycol (ethanediol), mainly from Saudi Arabia ($123M), Chinese Taipei ($40.3M), United States ($9M), India ($7.12M), and Canada ($3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ethylene glycol (ethanediol) EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Egypt$3.89M (22.1k%)
Chinese Taipei$1.94M (112k%)
Netherlands$1.87M (298%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ethylene glycol (ethanediol) BY South Korea WERE (2021 - 2022):
China-$62M (-46%)
Belgium-$34.6M (-64%)
Turkey-$20.9M (-73.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Ethylene glycol (ethanediol) were:
In 2022, South Korea's main importing competitors in Ethylene glycol (ethanediol) were:
China $4.43B
India $1.89B

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Trade Value of Ethylene glycol (ethanediol) by Exporters

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