2023
Exports
$232MWorld Rnk 10 / 129
Flag Rnk 228 / 1188
2023
PRODUCT COMPLEXITY IN Other Vinyl Polymers
0.8Rnk 255 / 1025
2023
Imports
$206MWorld Rnk 10 / 202
Flag Rnk 310 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $232M in Other Vinyl Polymers, making it the 10th largest exporter of Other Vinyl Polymers in the world. At the same year, Other Vinyl Polymers was the 228th most exported product in South Korea. The main destination of Other Vinyl Polymers exports from South Korea are: India ($79.8M), Brazil ($29.6M), China ($28.1M), Philippines ($9.35M), and Australia ($8.58M).

The fastest growing export markets for Other Vinyl Polymers of South Korea between 2022 and 2023 were Poland ($3.15M), Nigeria ($1.29M), and Pakistan ($691k).

Imports In 2023, South Korea imported $206M in Other Vinyl Polymers, becoming the 10th largest importer of Other Vinyl Polymers in the world. At the same year, Other Vinyl Polymers was the 310th most imported product in South Korea. South Korea imports Other Vinyl Polymers primarily from: Germany ($52.3M), United States ($50.6M), China ($43.2M), Japan ($31.9M), and Chinese Taipei ($8.31M).

The fastest growing import markets in Other Vinyl Polymers for South Korea between 2022 and 2023 were Germany ($2.69M), Italy ($966k), and Switzerland ($761k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-1.58M(-8.85%)
IMPORT GROWTH (December 2023 - December 2024)$1.58M(7.85%)
MAIN DESTINATION (December 2024)India$3.59M

This section shows Other Vinyl Polymers'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 Vinyl Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$232M
IMPORTS (2023)$206M
NET TRADE (2023)$26.4M

In 2023, South Korea exported $232M in Other Vinyl Polymers. The main destinations of South Korea exports on Other Vinyl Polymers were India ($79.8M), Brazil ($29.6M), China ($28.1M), Philippines ($9.35M), and Australia ($8.58M).

In 2023, South Korea imported $206M in Other Vinyl Polymers, mainly from Germany ($52.3M), United States ($50.6M), China ($43.2M), Japan ($31.9M), and Chinese Taipei ($8.31M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vinyl Polymers EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Poland$3.15M (63.3%)
Nigeria$1.29M (612%)
Pakistan$691k (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vinyl Polymers BY South Korea WERE (2022 - 2023):
India-$32.9M (-29.2%)
Vietnam-$16.7M (-100%)
Philippines-$4.57M (-32.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Other Vinyl Polymers were:
In 2023, South Korea's main importing competitors in Other Vinyl Polymers were:

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Trade Value of Other Vinyl Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.5M
TOP IMPORT POTENTIALChina+ $12.4M

Other Vinyl Polymers’s highest export potential is China. With an export gap of $15.5M.   Other Vinyl Polymers’s highest import potential is China with an import gap of $12.4M.

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