Organic chemicals in   South Korea

Overview In December 2024 South Korea's Organic chemicals exports accounted up to $1.82B and imports accounted up to $1.13B, resulting in a positive trade balance of $685M. Between December 2023 and December 2024 the exports of South Korea's   Organic chemicals have decreased by $-60.6M (-3.22%) from $1.88B to $1.82B, while imports increased by $140M (14.1%) from $994M to $1.13B.

Destinations In December 2024, Organic chemicals were exported mostly to China ($1.02B), India ($126M), Chinese Taipei ($92.3M), Japan ($87.3M), and United States ($74M), and were imported mostly from China ($417M), Japan ($179M), United States ($127M), India ($67.8M), and Germany ($61.2M).

Growth In December 2024, the decrease in Organic chemicals's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-17.6M or -44.3%), China ($-14.7M or -1.72%), and Hong Kong ($-12.3M or -64.5%). In December 2024, the increase in Organic chemicals's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($40.1M or 96.3%), India ($19.7M or 29.2%), and New Zealand ($10.1M or 254%).