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2022
Exports $16.6MWorld Rnk 14 / 84
Flag Rnk 665 / 1204
2022
Destination $5.38M China
2021 - 2022
FASTEST GROWING MARKET $5.38MChina
2022
PRODUCT COMPLEXITY IN Other Isotopes0.047Rnk 535 / 1025
2022
Imports $157MWorld Rnk 4 / 145
Flag Rnk 416 / 1213
2022
Origin $55.8M China
2021 - 2022
FASTEST GROWING ORIGIN $55.8MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $16.6M in Other Isotopes, making it the 14th largest exporter of Other Isotopes in the world. At the same year, Other Isotopes was the 665th most exported product in South Korea. The main destination of Other Isotopes exports from South Korea are: China ($10.4M), Chinese Taipei ($2.23M), Japan ($1.98M), Singapore ($1.04M), and United States ($743k).

The fastest growing export markets for Other Isotopes of South Korea between 2021 and 2022 were China ($5.38M), Japan ($592k), and United States ($421k).

Imports In 2022, South Korea imported $157M in Other Isotopes, becoming the 4th largest importer of Other Isotopes in the world. At the same year, Other Isotopes was the 416th most imported product in South Korea. South Korea imports Other Isotopes primarily from: China ($78.3M), United States ($49.5M), Japan ($8.54M), Russia ($6.15M), and Canada ($5.28M).

The fastest growing import markets in Other Isotopes for South Korea between 2021 and 2022 were China ($55.8M), United States ($11.3M), and Japan ($5.5M).

COMPANIES In 2023, leading companies such as Volvo (1) were at the forefront of shipping Other Isotopes from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Other Isotopes exports accounted up to $3.78M and imports accounted up to $20.2M, resulting in a negative trade balance of $16.4M. Between July 2023 and July 2024 the exports of South Korea's   Other Isotopes have increased by $2.1M (125%) from $1.68M to $3.78M, while imports increased by $3.41M (20.3%) from $16.8M to $20.2M.

Destinations In July 2024, Other Isotopes were exported mostly to China ($2.77M), United States ($309k), Singapore ($249k), Chinese Taipei ($231k), and Japan ($220k), and were imported mostly from China ($14.8M), United States ($2.51M), Russia ($1.11M), Canada ($712k), and India ($345k).

Growth In July 2024, the increase in Other Isotopes's year-by-year exports was explained primarily by an increase in exports to China ($674k or 496%) and United States ($205k or 223%). In July 2024, the increase in Other Isotopes's year-by-year imports was explained primarily by an increase in imports from United States ($3.69M or 172%), Germany ($185k or 111%), and Japan ($82k or 49.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.1M(125%)
IMPORT GROWTH (July 2023 - July 2024)$3.41M(20.3%)
MAIN DESTINATION (July 2024)China$2.77M

This section shows Other Isotopes'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 Other Isotopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.6M
IMPORTS (2022)$157M
NET TRADE (2022)-$140M

In 2022, South Korea exported $16.6M in Other Isotopes. The main destinations of South Korea exports on Other Isotopes were China ($10.4M), Chinese Taipei ($2.23M), Japan ($1.98M), Singapore ($1.04M), and United States ($743k).

In 2022, South Korea imported $157M in Other Isotopes, mainly from China ($78.3M), United States ($49.5M), Japan ($8.54M), Russia ($6.15M), and Canada ($5.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Isotopes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$5.38M (106%)
Japan$592k (42.8%)
United States$421k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Isotopes BY South Korea WERE (2021 - 2022):
Ireland-$2.71M (-100%)
Singapore-$834k (-44.5%)
Chinese Taipei-$481k (-17.8%)
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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 Other Isotopes were:
Ireland $364M
United States $258M
China $131M
In 2022, South Korea's main importing competitors in Other Isotopes were:
Canada $388M
China $169M
United States $158M

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Trade Value of Other Isotopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $552k
TOP IMPORT POTENTIALRussia+ $1.37M

Other Isotopes’s highest export potential is United States. With an export gap of $552k.   Other Isotopes’s highest import potential is Russia with an import gap of $1.37M.

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