2022
Exports
$485kWorld Rnk 45 / 128
Flag Rnk 3310 / 4439
falsefalse Turkey
2022
Imports
$84.5MWorld Rnk 1 / 209
Flag Rnk 835 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $485k in Sodium bicarbonate, making it the 45th largest exporter of Sodium bicarbonate in the world. At the same year, Sodium bicarbonate was the 3310th most exported product in South Korea. The main destination of Sodium bicarbonate exports from South Korea are: Turkey ($143k), Israel ($138k), Russia ($51.9k), Vietnam ($34.8k), and United States ($31.4k).

The fastest growing export markets for Sodium bicarbonate of South Korea between 2021 and 2022 were Israel ($101k), Turkey ($84.6k), and United States ($20.5k).

Imports In 2022, South Korea imported $84.5M in Sodium bicarbonate, becoming the 1st largest importer of Sodium bicarbonate in the world. At the same year, Sodium bicarbonate was the 835th most imported product in South Korea. South Korea imports Sodium bicarbonate primarily from: China ($70.2M), Turkey ($5.46M), United States ($3.79M), Thailand ($992k), and Singapore ($758k).

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 Sodium bicarbonate from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Sodium bicarbonate. 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)$485k
IMPORTS (2022)$84.5M
NET TRADE (2022)-$84.1M

In 2022, South Korea exported $485k in Sodium bicarbonate. The main destinations of South Korea exports on Sodium bicarbonate were Turkey ($143k), Israel ($138k), Russia ($51.9k), Vietnam ($34.8k), and United States ($31.4k).

In 2022, South Korea imported $84.5M in Sodium bicarbonate, mainly from China ($70.2M), Turkey ($5.46M), United States ($3.79M), Thailand ($992k), and Singapore ($758k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sodium bicarbonate EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Israel$101k (266%)
Turkey$84.6k (145%)
United States$20.5k (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sodium bicarbonate BY South Korea WERE (2021 - 2022):
Mozambique-$89.8k (-100%)
Japan-$54k (-99.9%)
China-$34.1k (-68.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Sodium bicarbonate were:
In 2022, South Korea's main importing competitors in Sodium bicarbonate were:

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Trade Value of Sodium bicarbonate by Exporters

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