Fire Extinguishers Preparations in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $1.48M in Fire Extinguishers Preparations, making it the 22nd largest exporter of Fire Extinguishers Preparations in the world. At the same year, Fire Extinguishers Preparations was the 951st most exported product in South Korea. The main destination of Fire Extinguishers Preparations exports from South Korea are: Vietnam ($297k), India ($189k), Mexico ($187k), Thailand ($184k), and United States ($176k).

The fastest growing export markets for Fire Extinguishers Preparations of South Korea between 2021 and 2022 were India ($189k), Thailand ($173k), and Indonesia ($151k).

Imports In 2022, South Korea imported $8.2M in Fire Extinguishers Preparations, becoming the 13th largest importer of Fire Extinguishers Preparations in the world. At the same year, Fire Extinguishers Preparations was the 967th most imported product in South Korea. South Korea imports Fire Extinguishers Preparations primarily from: China ($5.99M), United States ($457k), Spain ($445k), Russia ($322k), and Germany ($281k).

The fastest growing import markets in Fire Extinguishers Preparations for South Korea between 2021 and 2022 were China ($480k), Spain ($365k), and Belgium ($255k).

Latest Trends

April 2024

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Overview In April 2024 South Korea's Fire Extinguishers Preparations exports accounted up to $46k and imports accounted up to $540k, resulting in a negative trade balance of $494k. Between April 2023 and April 2024 the exports of South Korea's Fire Extinguishers Preparations have increased by $43k (1.43k%) from $3k to $46k, while imports decreased by $-28k (-4.93%) from $568k to $540k.

Destinations In April 2024, Fire Extinguishers Preparations were exported mostly to Vietnam ($17k), Thailand ($10k), Poland ($10k), Singapore ($8k), and Chinese Taipei ($1k), and were imported mostly from China ($435k), Japan ($60k), Australia ($29k), United States ($8k), and France ($5k).

Growth In April 2024, the increase in Fire Extinguishers Preparations's year-by-year exports was explained primarily by an increase in exports to . In April 2024, the decrease in Fire Extinguishers Preparations's year-by-year imports was explained primarily by a decrease in imports from United States ($-65k or -77.4%) and Russia ($-3k or -11.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$43k(1.43k%)

IMPORT GROWTH (April 2023 - April 2024)$-28k(-4.93%)

MAIN DESTINATION (April 2024)Vietnam$17k

This section shows Fire Extinguishers Preparations'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 Fire Extinguishers Preparations over time.

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