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Exports In 2022, South Korea exported $253M in Propylene glycol (propane-1,2-diol), making it the 3rd largest exporter of Propylene glycol (propane-1,2-diol) in the world. At the same year, Propylene glycol (propane-1,2-diol) was the 321st most exported product in South Korea. The main destination of Propylene glycol (propane-1,2-diol) exports from South Korea are: United States ($39.9M), China ($26.9M), Indonesia ($18.9M), Turkey ($18.2M), and United Arab Emirates ($13.9M).

The fastest growing export markets for Propylene glycol (propane-1,2-diol) of South Korea between 2021 and 2022 were United States ($7.88M), United Arab Emirates ($6.04M), and Germany ($5.74M).

Imports In 2022, South Korea imported $21.4M in Propylene glycol (propane-1,2-diol), becoming the 36th largest importer of Propylene glycol (propane-1,2-diol) in the world. At the same year, Propylene glycol (propane-1,2-diol) was the 1818th most imported product in South Korea. South Korea imports Propylene glycol (propane-1,2-diol) primarily from: Singapore ($9.35M), Thailand ($7.32M), China ($3.76M), United States ($756k), and Japan ($77k).

The fastest growing import markets in Propylene glycol (propane-1,2-diol) for South Korea between 2021 and 2022 were Singapore ($2.16M), China ($1.27M), and United Arab Emirates ($42.7k).

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 Propylene glycol (propane-1,2-diol) from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Propylene glycol (propane-1,2-diol). 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)$253M
IMPORTS (2022)$21.4M
NET TRADE (2022)$232M

In 2022, South Korea exported $253M in Propylene glycol (propane-1,2-diol). The main destinations of South Korea exports on Propylene glycol (propane-1,2-diol) were United States ($39.9M), China ($26.9M), Indonesia ($18.9M), Turkey ($18.2M), and United Arab Emirates ($13.9M).

In 2022, South Korea imported $21.4M in Propylene glycol (propane-1,2-diol), mainly from Singapore ($9.35M), Thailand ($7.32M), China ($3.76M), United States ($756k), and Japan ($77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Propylene glycol (propane-1,2-diol) EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$7.88M (24.6%)
United Arab Emirates$6.04M (77.2%)
Germany$5.74M (1.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene glycol (propane-1,2-diol) BY South Korea WERE (2021 - 2022):
Turkey-$15.9M (-46.6%)
India-$13.9M (-54.3%)
China-$13.4M (-33.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Propylene glycol (propane-1,2-diol) were:
In 2022, South Korea's main importing competitors in Propylene glycol (propane-1,2-diol) were:

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Trade Value of Propylene glycol (propane-1,2-diol) by Exporters

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