Nitrogenous Fertilizers in   South Korea

Overview In October 2024 South Korea's Nitrogenous Fertilizers exports accounted up to $10.5M and imports accounted up to $11.9M, resulting in a negative trade balance of $1.42M. Between October 2023 and October 2024 the exports of South Korea's   Nitrogenous Fertilizers have decreased by $-1.43M (-12%) from $11.9M to $10.5M, while imports decreased by $-26.8M (-69.3%) from $38.7M to $11.9M.

Destinations In October 2024, Nitrogenous Fertilizers were exported mostly to Indonesia ($3.05M), Japan ($1.88M), Australia ($1.8M), Philippines ($970k), and Malaysia ($826k), and were imported mostly from Vietnam ($7.28M), China ($1.91M), Japan ($1.03M), United States ($697k), and Norway ($687k).

Growth In October 2024, the decrease in Nitrogenous Fertilizers's year-by-year exports was explained primarily by a decrease in exports to Japan ($-2.2M or -43.1%), India ($-1.77M or -100%), and Thailand ($-1.56M or -88.1%). In October 2024, the decrease in Nitrogenous Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-31.4M or -100%), Indonesia ($-20.5M or -100%), and Qatar ($-19.2M or -59.9%).