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Exports In 2022, South Korea exported $1.34M in Isoprene rubber (IR), making it the 24th largest exporter of Isoprene rubber (IR) in the world. At the same year, Isoprene rubber (IR) was the 2859th most exported product in South Korea. The main destination of Isoprene rubber (IR) exports from South Korea are: Vietnam ($560k), Canada ($208k), Malaysia ($208k), Indonesia ($155k), and China ($83k).

The fastest growing export markets for Isoprene rubber (IR) of South Korea between 2021 and 2022 were Vietnam ($257k), Malaysia ($208k), and Canada ($175k).

Imports In 2022, South Korea imported $6.86M in Isoprene rubber (IR), becoming the 30th largest importer of Isoprene rubber (IR) in the world. At the same year, Isoprene rubber (IR) was the 2688th most imported product in South Korea. South Korea imports Isoprene rubber (IR) primarily from: Singapore ($3.26M), Japan ($1.97M), Russia ($503k), China ($482k), and Chinese Taipei ($364k).

The fastest growing import markets in Isoprene rubber (IR) for South Korea between 2021 and 2022 were Japan ($491k), China ($292k), and Chinese Taipei ($219k).

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 Isoprene rubber (IR) from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Isoprene rubber (IR). 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)$1.34M
IMPORTS (2022)$6.86M
NET TRADE (2022)-$5.53M

In 2022, South Korea exported $1.34M in Isoprene rubber (IR). The main destinations of South Korea exports on Isoprene rubber (IR) were Vietnam ($560k), Canada ($208k), Malaysia ($208k), Indonesia ($155k), and China ($83k).

In 2022, South Korea imported $6.86M in Isoprene rubber (IR), mainly from Singapore ($3.26M), Japan ($1.97M), Russia ($503k), China ($482k), and Chinese Taipei ($364k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Isoprene rubber (IR) EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$257k (84.5%)
Malaysia$208k (1%)
Canada$175k (529%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Isoprene rubber (IR) BY South Korea WERE (2021 - 2022):
Indonesia-$235k (-60.3%)
Belgium-$13k (-100%)
Bangladesh-$7.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Isoprene rubber (IR) were:
In 2022, South Korea's main importing competitors in Isoprene rubber (IR) were:

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Trade Value of Isoprene rubber (IR) by Exporters

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