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2022
Exports $8.07MWorld Rnk 29 / 121
Flag Rnk 758 / 1204
2022
Destination $550k China
2021 - 2022
FASTEST GROWING MARKET $550kChina
2022
PRODUCT COMPLEXITY IN Radioactive Chemicals-1.12Rnk 862 / 1025
2022
Imports $943MWorld Rnk 7 / 166
Flag Rnk 114 / 1213
2022
Origin $134M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $134MNetherlands
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $8.07M in Radioactive Chemicals, making it the 29th largest exporter of Radioactive Chemicals in the world. At the same year, Radioactive Chemicals was the 758th most exported product in South Korea. The main destination of Radioactive Chemicals exports from South Korea are: China ($2.75M), Japan ($2.03M), Vietnam ($1.04M), Switzerland ($338k), and Chinese Taipei ($335k).

The fastest growing export markets for Radioactive Chemicals of South Korea between 2021 and 2022 were China ($550k), Vietnam ($332k), and Switzerland ($282k).

Imports In 2022, South Korea imported $943M in Radioactive Chemicals, becoming the 7th largest importer of Radioactive Chemicals in the world. At the same year, Radioactive Chemicals was the 114th most imported product in South Korea. South Korea imports Radioactive Chemicals primarily from: Netherlands ($245M), France ($231M), Russia ($188M), Kazakhstan ($106M), and United Kingdom ($69.3M).

The fastest growing import markets in Radioactive Chemicals for South Korea between 2021 and 2022 were Netherlands ($134M), Germany ($33.2M), and United Kingdom ($19M).

COMPANIES In 2023, leading companies such as LG Electronics (1) were at the forefront of shipping Radioactive Chemicals from South Korea to the United States.

Latest Trends

August 2024

About

Overview In August 2024 South Korea's Radioactive Chemicals exports accounted up to $704k and imports accounted up to $317M, resulting in a negative trade balance of $316M. Between August 2023 and August 2024 the exports of South Korea's   Radioactive Chemicals have decreased by $-50k (-6.63%) from $754k to $704k, while imports increased by $313M (7.79k%) from $4.02M to $317M.

Destinations In August 2024, Radioactive Chemicals were exported mostly to China ($218k), Vietnam ($215k), Japan ($159k), Indonesia ($41k), and Chinese Taipei ($31k), and were imported mostly from Russia ($313M), Netherlands ($792k), Canada ($729k), Czechia ($315k), and South Africa ($286k).

Growth In August 2024, the decrease in Radioactive Chemicals's year-by-year exports was explained primarily by a decrease in exports to United States ($-260k or -99.6%), China ($-154k or -59%), and Malaysia ($-34k or -73.9%). In August 2024, the increase in Radioactive Chemicals's year-by-year imports was explained primarily by an increase in imports from France ($91.9M or 61.7k%), Netherlands ($48.7M or 6.79k%), and Germany ($18.2M or 8.68k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-50k(-6.63%)
IMPORT GROWTH (August 2023 - August 2024)$313M(7.79k%)
MAIN DESTINATION (August 2024)China$218k

This section shows Radioactive Chemicals'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 Radioactive Chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.07M
IMPORTS (2022)$943M
NET TRADE (2022)-$935M

In 2022, South Korea exported $8.07M in Radioactive Chemicals. The main destinations of South Korea exports on Radioactive Chemicals were China ($2.75M), Japan ($2.03M), Vietnam ($1.04M), Switzerland ($338k), and Chinese Taipei ($335k).

In 2022, South Korea imported $943M in Radioactive Chemicals, mainly from Netherlands ($245M), France ($231M), Russia ($188M), Kazakhstan ($106M), and United Kingdom ($69.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Radioactive Chemicals EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$550k (25%)
Vietnam$332k (47.1%)
Switzerland$282k (503%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radioactive Chemicals BY South Korea WERE (2021 - 2022):
France-$1M (-100%)
Malaysia-$345k (-57.1%)
Indonesia-$308k (-51.9%)
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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 Radioactive Chemicals were:
Kazakhstan $2.85B
Russia $2.12B
Canada $1.92B
In 2022, South Korea's main importing competitors in Radioactive Chemicals were:
United States $3.89B
China $2.04B
France $1.35B

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Trade Value of Radioactive Chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.51M
TOP IMPORT POTENTIALCanada+ $12.7M

Radioactive Chemicals’s highest export potential is China. With an export gap of $2.51M.   Radioactive Chemicals’s highest import potential is Canada with an import gap of $12.7M.

See methodology.

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