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Exports In 2022, South Korea exported $241M in Rare gases other than argon, making it the 4th largest exporter of Rare gases other than argon in the world. At the same year, Rare gases other than argon was the 341st most exported product in South Korea. The main destination of Rare gases other than argon exports from South Korea are: China ($169M), Japan ($22M), Singapore ($18.2M), United States ($14M), and Hong Kong ($10M).

The fastest growing export markets for Rare gases other than argon of South Korea between 2021 and 2022 were China ($111M), Singapore ($15.9M), and Japan ($15.1M).

Imports In 2022, South Korea imported $821M in Rare gases other than argon, becoming the 1st largest importer of Rare gases other than argon in the world. At the same year, Rare gases other than argon was the 90th most imported product in South Korea. South Korea imports Rare gases other than argon primarily from: China ($447M), Qatar ($134M), United States ($102M), Russia ($84.8M), and Ukraine ($25.1M).

The fastest growing import markets in Rare gases other than argon for South Korea between 2021 and 2022 were China ($426M), Russia ($68.3M), and Qatar ($27.4M).

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 Rare gases other than argon 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 Rare gases other than argon. 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)$241M
IMPORTS (2022)$821M
NET TRADE (2022)-$581M

In 2022, South Korea exported $241M in Rare gases other than argon. The main destinations of South Korea exports on Rare gases other than argon were China ($169M), Japan ($22M), Singapore ($18.2M), United States ($14M), and Hong Kong ($10M).

In 2022, South Korea imported $821M in Rare gases other than argon, mainly from China ($447M), Qatar ($134M), United States ($102M), Russia ($84.8M), and Ukraine ($25.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare gases other than argon EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$111M (189%)
Singapore$15.9M (683%)
Japan$15.1M (220%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare gases other than argon BY South Korea WERE (2021 - 2022):
Chinese Taipei-$2.43M (-50.3%)
Philippines-$1.03M (-94.7%)
Qatar-$789k (-18.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, South Korea's main exporting competitors in Rare gases other than argon were:
In 2022, South Korea's main importing competitors in Rare gases other than argon were:
China $656M
Japan $262M

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Trade Value of Rare gases other than argon by Exporters

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