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2023
Exports $37.9MWorld Rnk 5 / 65
Flag Rnk 495 / 1188
2023
Destination $2.94M China
2022 - 2023
FASTEST GROWING MARKET $2.94MThailand
2023
PRODUCT COMPLEXITY IN Hydrides and other anions1.35Rnk 68 / 1025
2023
Imports $87MWorld Rnk 3 / 139
Flag Rnk 506 / 1208
2023
Origin $8.72M United States
2022 - 2023
FASTEST GROWING ORIGIN $8.72MHong Kong
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $37.9M in Hydrides and other anions, making it the 5th largest exporter of Hydrides and other anions in the world. At the same year, Hydrides and other anions was the 495th most exported product in South Korea. The main destination of Hydrides and other anions exports from South Korea are: China ($14M), Chinese Taipei ($13.4M), Japan ($3.21M), Thailand ($3.12M), and Singapore ($1.85M).

The fastest growing export markets for Hydrides and other anions of South Korea between 2022 and 2023 were Thailand ($2.94M), Chinese Taipei ($518k), and Malaysia ($163k).

Imports In 2023, South Korea imported $87M in Hydrides and other anions, becoming the 3rd largest importer of Hydrides and other anions in the world. At the same year, Hydrides and other anions was the 506th most imported product in South Korea. South Korea imports Hydrides and other anions primarily from: United States ($46.9M), China ($15.5M), Japan ($11.9M), Hong Kong ($8.92M), and Germany ($1.97M).

The fastest growing import markets in Hydrides and other anions for South Korea between 2022 and 2023 were Hong Kong ($8.72M), Singapore ($957k), and Japan ($566k).

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Hydrides and other anions exports accounted up to $3.7M and imports accounted up to $7.31M, resulting in a negative trade balance of $3.62M. Between December 2023 and December 2024 the exports of South Korea's   Hydrides and other anions have decreased by $-526k (-12.5%) from $4.22M to $3.7M, while imports increased by $279k (3.97%) from $7.03M to $7.31M.

Destinations In December 2024, Hydrides and other anions were exported mostly to Chinese Taipei ($1.35M), China ($1.29M), United States ($669k), Japan ($164k), and Thailand ($90k), and were imported mostly from China ($3.96M), United States ($1.51M), Japan ($1.43M), Germany ($326k), and Brazil ($43k).

Growth In December 2024, the decrease in Hydrides and other anions's year-by-year exports was explained primarily by a decrease in exports to Singapore ($-39k or -31.5%) and Austria ($-4k or -30.8%). In December 2024, the increase in Hydrides and other anions's year-by-year imports was explained primarily by an increase in imports from China ($1.2M or 33.4%), Germany ($254k or 170%), and Chinese Taipei ($18k or 120%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-526k(-12.5%)
IMPORT GROWTH (December 2023 - December 2024)$279k(3.97%)
MAIN DESTINATION (December 2024)Chinese Taipei$1.35M

This section shows Hydrides and other anions'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 Hydrides and other anions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$37.9M
IMPORTS (2023)$87M
NET TRADE (2023)-$49.1M

In 2023, South Korea exported $37.9M in Hydrides and other anions. The main destinations of South Korea exports on Hydrides and other anions were China ($14M), Chinese Taipei ($13.4M), Japan ($3.21M), Thailand ($3.12M), and Singapore ($1.85M).

In 2023, South Korea imported $87M in Hydrides and other anions, mainly from United States ($46.9M), China ($15.5M), Japan ($11.9M), Hong Kong ($8.92M), and Germany ($1.97M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrides and other anions EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Thailand$2.94M (1.64k%)
Chinese Taipei$518k (4.03%)
Malaysia$163k (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrides and other anions BY South Korea WERE (2022 - 2023):
China-$6.93M (-33.1%)
Hong Kong-$1.26M (-86.9%)
Japan-$901k (-21.9%)
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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 Hydrides and other anions were:
United States $244M
China $163M
Japan $79M
In 2023, South Korea's main importing competitors in Hydrides and other anions were:
China $91.4M
India $89.5M

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Trade Value of Hydrides and other anions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $460k
TOP IMPORT POTENTIALGermany+ $633k

Hydrides and other anions’s highest export potential is United States. With an export gap of $460k.   Hydrides and other anions’s highest import potential is Germany with an import gap of $633k.

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