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2022
Exports $925kWorld Rnk 4 / 53
Flag Rnk 994 / 1204
2022
Destination $188k United States
2021 - 2022
FASTEST GROWING MARKET $188kUnited States
2022
Imports $116World Rnk 85 / 90
Flag Rnk 1212 / 1213
2022
Origin $62 China
2021 - 2022
FASTEST GROWING ORIGIN $62China
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $925k in Non-Petroleum Gas, making it the 4th largest exporter of Non-Petroleum Gas in the world. At the same year, Non-Petroleum Gas was the 994th most exported product in South Korea. The main destination of Non-Petroleum Gas exports from South Korea are: United States ($846k), Singapore ($54.3k), and Malaysia ($25k).

The fastest growing export markets for Non-Petroleum Gas of South Korea between 2021 and 2022 were United States ($188k), Singapore ($54.3k), and Malaysia ($6.57k).

Imports In 2022, South Korea imported $116 in Non-Petroleum Gas, becoming the 85th largest importer of Non-Petroleum Gas in the world. At the same year, Non-Petroleum Gas was the 1212th most imported product in South Korea. South Korea imports Non-Petroleum Gas primarily from: China ($62) and Japan ($54).

The fastest growing import markets in Non-Petroleum Gas for South Korea between 2021 and 2022 were China ($62) and Japan ($54).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Non-Petroleum Gas exports accounted up to $31k and imports accounted up to $0, resulting in a positive trade balance of $31k. Between October 2023 and October 2024 the exports of South Korea's   Non-Petroleum Gas have decreased by $-46k (-59.7%) from $77k to $31k, while imports remained the same by $0 (N/A%) from $0 to $0.

Destinations In October 2024, Non-Petroleum Gas were exported mostly to United States ($31k), and were imported mostly from United States ($0).

Growth In October 2024, the decrease in Non-Petroleum Gas's year-by-year exports was explained primarily by a decrease in exports to United States ($-30k or -39%). In October 2024, the change in Non-Petroleum Gas's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-46k(-59.7%)
MAIN DESTINATION (October 2024)United States$31k

This section shows Non-Petroleum Gas'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 Non-Petroleum Gas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$925k
IMPORTS (2022)$116
NET TRADE (2022)$925k

In 2022, South Korea exported $925k in Non-Petroleum Gas. The main destinations of South Korea exports on Non-Petroleum Gas were United States ($846k), Singapore ($54.3k), and Malaysia ($25k).

In 2022, South Korea imported $116 in Non-Petroleum Gas, mainly from China ($62) and Japan ($54).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Petroleum Gas EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$188k (28.6%)
Singapore$54.3k (1%)
Malaysia$6.57k (35.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Petroleum Gas BY South Korea WERE (2021 - 2022):United Kingdom-$162k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Non-Petroleum Gas were:
Germany $12.1M
Italy $9.71M
Netherlands $5.12M
In 2022, South Korea's main importing competitors in Non-Petroleum Gas were:
Netherlands $22.3M
Belgium $5.07M
United States $855k

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Trade Value of Non-Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Non-Petroleum Gas’s highest export potential is N/A. With an export gap of N/A.   Non-Petroleum Gas’s highest import potential is N/A with an import gap of N/A.

See methodology.

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