2022
Exports
$5.24BWorld Rnk 2 / 156
Flag Rnk 21 / 1204
falsefalse China
2022
PRODUCT COMPLEXITY IN Propylene Polymers
0.22Rnk 482 / 1025
2022
Imports
$171MWorld Rnk 48 / 207
Flag Rnk 399 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.24B in Propylene Polymers, making it the 2nd largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 21st most exported product in South Korea. The main destination of Propylene Polymers exports from South Korea are: China ($1.44B), Vietnam ($654M), Turkey ($293M), Japan ($286M), and United States ($279M).

Imports In 2022, South Korea imported $171M in Propylene Polymers, becoming the 48th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 399th most imported product in South Korea. South Korea imports Propylene Polymers primarily from: United States ($34.1M), Singapore ($28.2M), Japan ($23.3M), Netherlands ($16M), and China ($14M).

COMPANIES In 2023, leading companies such as LG Electronics (25), Hankook Tires (6), and DuPont (1) were at the forefront of shipping Propylene Polymers from South Korea to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$15.3M(4.41%)
IMPORT GROWTH (November 2023 - November 2024)$-3.27M(-18.7%)
MAIN DESTINATION (November 2024)China$85.1M

This section shows Propylene Polymers'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 Propylene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.24B
IMPORTS (2022)$171M
NET TRADE (2022)$5.07B

In 2022, South Korea exported $5.24B in Propylene Polymers. The main destinations of South Korea exports on Propylene Polymers were China ($1.44B), Vietnam ($654M), Turkey ($293M), Japan ($286M), and United States ($279M).

In 2022, South Korea imported $171M in Propylene Polymers, mainly from United States ($34.1M), Singapore ($28.2M), Japan ($23.3M), Netherlands ($16M), and China ($14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Propylene Polymers were:
In 2022, South Korea's main importing competitors in Propylene Polymers were:
China $5.98B
Turkey $3.31B
Germany $3.08B

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Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $13.3M

Propylene Polymers’s highest export potential is N/A. With an export gap of N/A.   Propylene Polymers’s highest import potential is China with an import gap of $13.3M.

See methodology.

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