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2022
Exports $1.64MWorld Rnk 20 / 57
Flag Rnk 940 / 1204
2022
Destination $1.09M Thailand
2021 - 2022
FASTEST GROWING MARKET $1.09MThailand
2022
Imports $21.8MWorld Rnk 6 / 104
Flag Rnk 822 / 1213
2022
Origin $6.04M United States
2021 - 2022
FASTEST GROWING ORIGIN $6.04MUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.64M in Propellant Powders, making it the 20th largest exporter of Propellant Powders in the world. At the same year, Propellant Powders was the 940th most exported product in South Korea. The main destination of Propellant Powders exports from South Korea are: Thailand ($1.09M), Canada ($230k), Fiji ($208k), and United States ($114k).

The fastest growing export markets for Propellant Powders of South Korea between 2021 and 2022 were Thailand ($1.09M) and Fiji ($208k).

Imports In 2022, South Korea imported $21.8M in Propellant Powders, becoming the 6th largest importer of Propellant Powders in the world. At the same year, Propellant Powders was the 822nd most imported product in South Korea. South Korea imports Propellant Powders primarily from: United States ($21.5M), Japan ($179k), United Kingdom ($97.2k), and Germany ($51.4k).

The fastest growing import markets in Propellant Powders for South Korea between 2021 and 2022 were United States ($6.04M) and Germany ($51.4k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Propellant Powders exports accounted up to $0 and imports accounted up to $1.76M, resulting in a negative trade balance of $1.76M. Between May 2023 and July 2024 the exports of South Korea's   Propellant Powders have remained the same by $0 (N/A%) from $0 to $0, while imports decreased by $-831k (-32.1%) from $2.59M to $1.76M.

Destinations In July 2024, Propellant Powders were exported mostly to United Kingdom ($0) and United States ($0), and were imported mostly from United States ($1.51M) and United Kingdom ($245k).

Growth In July 2024, the change in Propellant Powders's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Propellant Powders's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (May 2023 - July 2024)$-831k(-32.1%)
MAIN DESTINATION (July 2024)United Kingdom$0

This section shows Propellant Powders'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 Propellant Powders over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.64M
IMPORTS (2022)$21.8M
NET TRADE (2022)-$20.1M

In 2022, South Korea exported $1.64M in Propellant Powders. The main destinations of South Korea exports on Propellant Powders were Thailand ($1.09M), Canada ($230k), Fiji ($208k), and United States ($114k).

In 2022, South Korea imported $21.8M in Propellant Powders, mainly from United States ($21.5M), Japan ($179k), United Kingdom ($97.2k), and Germany ($51.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Propellant Powders EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Thailand$1.09M (1%)
Fiji$208k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propellant Powders BY South Korea WERE (2021 - 2022):
United States-$190k (-62.5%)
Canada-$119k (-34%)
Cameroon-$252 (-100%)
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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 Propellant Powders were:
United States $104M
Canada $66.2M
Switzerland $45.6M
In 2022, South Korea's main importing competitors in Propellant Powders were:
United States $113M
Germany $37.9M
France $33.5M

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Trade Value of Propellant Powders by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $120k
TOP IMPORT POTENTIALJapan+ $99.7k

Propellant Powders’s highest export potential is United States. With an export gap of $120k.   Propellant Powders’s highest import potential is Japan with an import gap of $99.7k.

See methodology.

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