2023
Exports
$33.6MWorld Rnk 11 / 104
Flag Rnk 509 / 1188
2023
PRODUCT COMPLEXITY IN Sulfonated, Nitrated or Nitrosated Hydrocarbons
-0.66Rnk 751 / 1025
2023
Imports
$44.2MWorld Rnk 10 / 177
Flag Rnk 645 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $33.6M in Sulfonated, Nitrated or Nitrosated Hydrocarbons, making it the 11th largest exporter of Sulfonated, Nitrated or Nitrosated Hydrocarbons in the world. At the same year, Sulfonated, Nitrated or Nitrosated Hydrocarbons was the 509th most exported product in South Korea. The main destination of Sulfonated, Nitrated or Nitrosated Hydrocarbons exports from South Korea are: China ($9.84M), United States ($6.43M), Cote d'Ivoire ($3.84M), Japan ($2.53M), and Australia ($1.84M).

The fastest growing export markets for Sulfonated, Nitrated or Nitrosated Hydrocarbons of South Korea between 2022 and 2023 were China ($3.24M), United States ($3.06M), and Australia ($763k).

Imports In 2023, South Korea imported $44.2M in Sulfonated, Nitrated or Nitrosated Hydrocarbons, becoming the 10th largest importer of Sulfonated, Nitrated or Nitrosated Hydrocarbons in the world. At the same year, Sulfonated, Nitrated or Nitrosated Hydrocarbons was the 645th most imported product in South Korea. South Korea imports Sulfonated, Nitrated or Nitrosated Hydrocarbons primarily from: China ($29.2M), Germany ($4.23M), United States ($3.37M), Chinese Taipei ($2.24M), and India ($2.07M).

The fastest growing import markets in Sulfonated, Nitrated or Nitrosated Hydrocarbons for South Korea between 2022 and 2023 were Belgium ($601k), Chinese Taipei ($461k), and Singapore ($197k).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-462k(-22.5%)
IMPORT GROWTH (January 2024 - January 2025)$-744k(-17.4%)
MAIN DESTINATION (January 2025)China$790k

This section shows Sulfonated, Nitrated or Nitrosated Hydrocarbons'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 Sulfonated, Nitrated or Nitrosated Hydrocarbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$33.6M
IMPORTS (2023)$44.2M
NET TRADE (2023)-$10.6M

In 2023, South Korea exported $33.6M in Sulfonated, Nitrated or Nitrosated Hydrocarbons. The main destinations of South Korea exports on Sulfonated, Nitrated or Nitrosated Hydrocarbons were China ($9.84M), United States ($6.43M), Cote d'Ivoire ($3.84M), Japan ($2.53M), and Australia ($1.84M).

In 2023, South Korea imported $44.2M in Sulfonated, Nitrated or Nitrosated Hydrocarbons, mainly from China ($29.2M), Germany ($4.23M), United States ($3.37M), Chinese Taipei ($2.24M), and India ($2.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sulfonated, Nitrated or Nitrosated Hydrocarbons EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
China$3.24M (49.2%)
United States$3.06M (90.8%)
Australia$763k (70.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfonated, Nitrated or Nitrosated Hydrocarbons BY South Korea WERE (2022 - 2023):
India-$6.5M (-87.6%)
Senegal-$1.6M (-100%)
Philippines-$942k (-53.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Sulfonated, Nitrated or Nitrosated Hydrocarbons were:
In 2023, South Korea's main importing competitors in Sulfonated, Nitrated or Nitrosated Hydrocarbons were:

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Trade Value of Sulfonated, Nitrated or Nitrosated Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.47M
TOP IMPORT POTENTIALIndia+ $1.3M

Sulfonated, Nitrated or Nitrosated Hydrocarbons’s highest export potential is China. With an export gap of $3.47M.   Sulfonated, Nitrated or Nitrosated Hydrocarbons’s highest import potential is India with an import gap of $1.3M.

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