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Exports In 2022, South Korea exported $2.11M in Nickel oxides and hydroxides, making it the 16th largest exporter of Nickel oxides and hydroxides in the world. At the same year, Nickel oxides and hydroxides was the 2586th most exported product in South Korea. The main destination of Nickel oxides and hydroxides exports from South Korea are: Japan ($693k), United States ($514k), Hong Kong ($330k), Turkey ($314k), and Brazil ($96.3k).

The fastest growing export markets for Nickel oxides and hydroxides of South Korea between 2021 and 2022 were Japan ($339k), Turkey ($255k), and China ($29.1k).

Imports In 2022, South Korea imported $8.49M in Nickel oxides and hydroxides, becoming the 9th largest importer of Nickel oxides and hydroxides in the world. At the same year, Nickel oxides and hydroxides was the 2524th most imported product in South Korea. South Korea imports Nickel oxides and hydroxides primarily from: Japan ($4.94M), China ($3.14M), Chinese Taipei ($269k), Netherlands ($47.2k), and Philippines ($33.4k).

The fastest growing import markets in Nickel oxides and hydroxides for South Korea between 2021 and 2022 were Japan ($3.51M), China ($1.34M), and Chinese Taipei ($146k).

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 Nickel oxides and hydroxides 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 Nickel oxides and hydroxides. 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)$2.11M
IMPORTS (2022)$8.49M
NET TRADE (2022)-$6.37M

In 2022, South Korea exported $2.11M in Nickel oxides and hydroxides. The main destinations of South Korea exports on Nickel oxides and hydroxides were Japan ($693k), United States ($514k), Hong Kong ($330k), Turkey ($314k), and Brazil ($96.3k).

In 2022, South Korea imported $8.49M in Nickel oxides and hydroxides, mainly from Japan ($4.94M), China ($3.14M), Chinese Taipei ($269k), Netherlands ($47.2k), and Philippines ($33.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel oxides and hydroxides EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$339k (95.8%)
Turkey$255k (430%)
China$29.1k (61.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel oxides and hydroxides BY South Korea WERE (2021 - 2022):
United States-$1.06M (-67.3%)
Chinese Taipei-$343k (-99.8%)
Thailand-$177k (-69.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Nickel oxides and hydroxides were:
China $85.5M
Japan $57.7M
In 2022, South Korea's main importing competitors in Nickel oxides and hydroxides were:

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Trade Value of Nickel oxides and hydroxides by Exporters

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