Petroleum bitumen in   South Korea

Exports In 2022, South Korea exported $1.09B in Petroleum bitumen, making it the 3rd largest exporter of Petroleum bitumen in the world. At the same year, Petroleum bitumen was the 92nd most exported product in South Korea. The main destination of Petroleum bitumen exports from South Korea are: China ($774M), Japan ($159M), Australia ($43.4M), Malaysia ($23.7M), and Vietnam ($21M).

The fastest growing export markets for Petroleum bitumen of South Korea between 2021 and 2022 were China ($118M), Malaysia ($17.1M), and Japan ($16.5M).

Imports In 2022, South Korea imported $11.2M in Petroleum bitumen, becoming the 98th largest importer of Petroleum bitumen in the world. At the same year, Petroleum bitumen was the 2325th most imported product in South Korea. South Korea imports Petroleum bitumen primarily from: Singapore ($5.75M), Chinese Taipei ($2.2M), China ($1.86M), United States ($1.35M), and Malaysia ($17.6k).

The fastest growing import markets in Petroleum bitumen for South Korea between 2021 and 2022 were Singapore ($2.03M), China ($1.28M), and Chinese Taipei ($606k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Petroleum bitumen from South Korea to the United States.