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2022
Exports $24.6MWorld Rnk 35 / 92
Flag Rnk 608 / 1204
2022
Destination $1M China
2021 - 2022
FASTEST GROWING MARKET $1MChina
2022
PRODUCT COMPLEXITY IN Sulfate Chemical Woodpulp-0.5Rnk 700 / 1025
2022
Imports $1.2BWorld Rnk 7 / 151
Flag Rnk 86 / 1213
2022
Origin $61.1M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $61.1MIndonesia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $24.6M in Sulfate Chemical Woodpulp, making it the 35th largest exporter of Sulfate Chemical Woodpulp in the world. At the same year, Sulfate Chemical Woodpulp was the 608th most exported product in South Korea. The main destination of Sulfate Chemical Woodpulp exports from South Korea are: China ($16.2M), Japan ($5.4M), Thailand ($1.56M), New Zealand ($510k), and United States ($341k).

The fastest growing export markets for Sulfate Chemical Woodpulp of South Korea between 2021 and 2022 were China ($1M), New Zealand ($510k), and United States ($341k).

Imports In 2022, South Korea imported $1.2B in Sulfate Chemical Woodpulp, becoming the 7th largest importer of Sulfate Chemical Woodpulp in the world. At the same year, Sulfate Chemical Woodpulp was the 86th most imported product in South Korea. South Korea imports Sulfate Chemical Woodpulp primarily from: Indonesia ($230M), Brazil ($170M), Chile ($132M), United States ($129M), and Canada ($125M).

The fastest growing import markets in Sulfate Chemical Woodpulp for South Korea between 2021 and 2022 were Indonesia ($61.1M), Brazil ($46.4M), and Uruguay ($24.7M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Sulfate Chemical Woodpulp exports accounted up to $5.07M and imports accounted up to $94.8M, resulting in a negative trade balance of $89.7M. Between July 2023 and July 2024 the exports of South Korea's   Sulfate Chemical Woodpulp have increased by $4.93M (3.57k%) from $138k to $5.07M, while imports increased by $9.35M (10.9%) from $85.4M to $94.8M.

Destinations In July 2024, Sulfate Chemical Woodpulp were exported mostly to China ($4.54M), Japan ($396k), Thailand ($133k), South Africa ($0), and Indonesia ($0), and were imported mostly from Brazil ($24.5M), Chile ($19.8M), Uruguay ($15.5M), United States ($7.11M), and Canada ($5.62M).

Growth In July 2024, the increase in Sulfate Chemical Woodpulp's year-by-year exports was explained primarily by an increase in exports to Thailand ($46k or 41.1%). In July 2024, the increase in Sulfate Chemical Woodpulp's year-by-year imports was explained primarily by an increase in imports from Brazil ($33.2M or 469%), Japan ($4.6M or 181%), and United States ($3.26M or 47%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$4.93M(3.57k%)
IMPORT GROWTH (July 2023 - July 2024)$9.35M(10.9%)
MAIN DESTINATION (July 2024)China$4.54M

This section shows Sulfate Chemical Woodpulp'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 Sulfate Chemical Woodpulp over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.6M
IMPORTS (2022)$1.2B
NET TRADE (2022)-$1.17B

In 2022, South Korea exported $24.6M in Sulfate Chemical Woodpulp. The main destinations of South Korea exports on Sulfate Chemical Woodpulp were China ($16.2M), Japan ($5.4M), Thailand ($1.56M), New Zealand ($510k), and United States ($341k).

In 2022, South Korea imported $1.2B in Sulfate Chemical Woodpulp, mainly from Indonesia ($230M), Brazil ($170M), Chile ($132M), United States ($129M), and Canada ($125M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sulfate Chemical Woodpulp EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$1M (6.58%)
New Zealand$510k (1%)
United States$341k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfate Chemical Woodpulp BY South Korea WERE (2021 - 2022):
Japan-$3.36M (-38.3%)
Vietnam-$1.25M (-85.1%)
Indonesia-$658k (-100%)
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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 Sulfate Chemical Woodpulp were:
Brazil $8.42B
United States $5.93B
Canada $4.73B
In 2022, South Korea's main importing competitors in Sulfate Chemical Woodpulp were:
China $13.1B
United States $3.82B
Italy $2.16B

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Trade Value of Sulfate Chemical Woodpulp by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13M
TOP IMPORT POTENTIALBrazil+ $36.4M

Sulfate Chemical Woodpulp’s highest export potential is China. With an export gap of $13M.   Sulfate Chemical Woodpulp’s highest import potential is Brazil with an import gap of $36.4M.

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