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Exports In 2022, South Korea exported $282M in Potassium hydroxide (caustic potash), making it the 2nd largest exporter of Potassium hydroxide (caustic potash) in the world. At the same year, Potassium hydroxide (caustic potash) was the 300th most exported product in South Korea. The main destination of Potassium hydroxide (caustic potash) exports from South Korea are: Brazil ($33.1M), Malaysia ($32.4M), Indonesia ($20.5M), India ($18.9M), and United States ($16.9M).

The fastest growing export markets for Potassium hydroxide (caustic potash) of South Korea between 2021 and 2022 were Brazil ($25.8M), Turkey ($9.68M), and Israel ($8.97M).

Imports In 2022, South Korea imported $7.06M in Potassium hydroxide (caustic potash), becoming the 37th largest importer of Potassium hydroxide (caustic potash) in the world. At the same year, Potassium hydroxide (caustic potash) was the 2665th most imported product in South Korea. South Korea imports Potassium hydroxide (caustic potash) primarily from: China ($4.37M), United States ($864k), Japan ($474k), Singapore ($454k), and Germany ($302k).

The fastest growing import markets in Potassium hydroxide (caustic potash) for South Korea between 2021 and 2022 were China ($1.56M), Germany ($89.4k), and Japan ($54.5k).

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 hydroxide (caustic potash) 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 hydroxide (caustic potash). 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)$282M
IMPORTS (2022)$7.06M
NET TRADE (2022)$275M

In 2022, South Korea exported $282M in Potassium hydroxide (caustic potash). The main destinations of South Korea exports on Potassium hydroxide (caustic potash) were Brazil ($33.1M), Malaysia ($32.4M), Indonesia ($20.5M), India ($18.9M), and United States ($16.9M).

In 2022, South Korea imported $7.06M in Potassium hydroxide (caustic potash), mainly from China ($4.37M), United States ($864k), Japan ($474k), Singapore ($454k), and Germany ($302k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassium hydroxide (caustic potash) EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Brazil$25.8M (350%)
Turkey$9.68M (171%)
Israel$8.97M (340%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassium hydroxide (caustic potash) BY South Korea WERE (2021 - 2022):
Russia-$1.68M (-93.6%)
Peru-$1.62M (-55.5%)
Singapore-$698k (-17.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, South Korea's main exporting competitors in Potassium hydroxide (caustic potash) were:
In 2022, South Korea's main importing competitors in Potassium hydroxide (caustic potash) were:

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Trade Value of Potassium hydroxide (caustic potash) by Exporters

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