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Exports In 2022, South Korea exported $158M in Potassium carbonates, making it the 1st largest exporter of Potassium carbonates in the world. At the same year, Potassium carbonates was the 445th most exported product in South Korea. The main destination of Potassium carbonates exports from South Korea are: India ($26.9M), Turkey ($15M), Malaysia ($9.77M), Indonesia ($9.7M), and United States ($9.41M).

The fastest growing export markets for Potassium carbonates of South Korea between 2021 and 2022 were India ($10.4M), Turkey ($7.78M), and Malaysia ($4.16M).

Imports In 2022, South Korea imported $4.56M in Potassium carbonates, becoming the 30th largest importer of Potassium carbonates in the world. At the same year, Potassium carbonates was the 3018th most imported product in South Korea. South Korea imports Potassium carbonates primarily from: United States ($1.8M), Chinese Taipei ($1.17M), Thailand ($852k), China ($523k), and Japan ($87.3k).

The fastest growing import markets in Potassium carbonates for South Korea between 2021 and 2022 were United States ($734k), Thailand ($435k), and Chinese Taipei ($378k).

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 Potassium carbonates from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Potassium carbonates. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$158M
IMPORTS (2022)$4.56M
NET TRADE (2022)$153M

In 2022, South Korea exported $158M in Potassium carbonates. The main destinations of South Korea exports on Potassium carbonates were India ($26.9M), Turkey ($15M), Malaysia ($9.77M), Indonesia ($9.7M), and United States ($9.41M).

In 2022, South Korea imported $4.56M in Potassium carbonates, mainly from United States ($1.8M), Chinese Taipei ($1.17M), Thailand ($852k), China ($523k), and Japan ($87.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassium carbonates EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
India$10.4M (63.7%)
Turkey$7.78M (108%)
Malaysia$4.16M (74.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassium carbonates BY South Korea WERE (2021 - 2022):
Canada-$757k (-31.8%)
Singapore-$389k (-60%)
Russia-$297k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Potassium carbonates were:
In 2022, South Korea's main importing competitors in Potassium carbonates were:

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Trade Value of Potassium carbonates by Exporters

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